Condo
$374,000
402 2499 Rabbit Drive
Tsawwassen12 days on market
MLS® R3169992
1 / 38
1 bed · 1 bath · 558 sq ft · 1 parking
Condo · Single Family · built 2021 · 2 days on market
Listed by Michael Ma, RE/MAX Crest Realty
Realtor's description
Welcome to Peregrine South at Tsawwassen Shores! This bright and modern 1-bedroom, 1-bathroom home offers 558 sqft of thoughtfully designed living space with an efficient open-concept layout, contemporary finishes and abundant natural light. The stylish kitchen features sleek cabinetry, quartz countertops and stainless steel appliances, flowing seamlessly into the inviting living and dining areas. Enjoy the convenience of in-suite laundry and private outdoor space. Residents have exclusive access to The Nest Clubhouse with fitness centre, lounge, BBQ area and more. Ideally located just steps from Tsawwassen Mills, shops, restaurants, scenic trails and waterfront, with easy access to BC Ferries. An excellent opportunity for first-time buyers, downsizers or investors!
Property details
- Type
- Condo, Single Family
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 558 sq ft
- Parking
- 1
- Year built
- 2021
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 2
- MLS®
- R3173907
Features
- Central location
- Elevator
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- All
- Dishwasher
Floor plans
Found among the listing photos.
Monthly cost
$1,699/mo
Mortgage $1,699
20% down at 4.34% fixed (Ratehub.ca), 25 years.
If you rented it out
- Rent
- $1,550/mo
- After all costs
- −$308/mo
- Cap rate
- 4.3%
- yearly net rent ÷ price
Costs: mortgage $1,699 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 1-bedroom in Tsawwassen (CMHC Rental Market Survey, October 2025). Averages include long-time tenants, so new leases usually ask more; houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.
BC rules for landlords
- Short-term rentals are limited to the host's principal residence in most communities. gov.bc.ca
- Rent increases are capped once a year at the province's set amount. gov.bc.ca
- The speculation and vacancy tax applies in many areas to homes not lived in or rented out. gov.bc.ca
- Selling within two years of buying can trigger the BC home flipping tax. gov.bc.ca
Location
TsawwassenGoogle Maps ↗
Schools
Catchment schools, Delta School District 37
- Elementary Ladner Elementaryhomes in this catchment
5.2 km away · 5016 44 Ave, Delta · 604-946-4158
- Secondary Delta Secondaryhomes in this catchment
5.6 km away · 4615 51 St, Delta · 604-946-4194
From the Delta School District 37's published catchment maps. A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.
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