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$550,000

501 6950 NICHOLSON ROAD

Delta · MLS® R3123580

2 bed · 2 bath · 720 sq ft · 1 parking

Condo · Single Family · built 2021 · 146 days on market

Listed by Sonny Bhinder, eXp Realty of Canada Inc.

Condo for sale in Sunshine Hills, Delta - 2 bed, 2 bath, at Scott & Nicholson. Built in 2021, this 5th-floor unit is in like-new condition with a modern open layout, south-facing balcony, and in-suite laundry. The primary bedroom features a private ensuite. Includes 1 underground parking stall and storage locker. Low strata fees of $291.93/month cover caretaker, gardening, management, and snow removal. Pets and rentals are allowed with restrictions. The 188-unit development offers premium amenities, including a clubhouse with a kitchen, party room, exercise centre, and playground. Prime Sunshine Hills location - walking distance to Walmart, Freshco, Save-On-Foods, banks, restaurants, schools, and transit. Quick access to the Alex Fraser Bridge and Highway 10, making commutes easy. A move-in-ready unit in a well-managed complex at an accessible price point.

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 720 sq ft
Parking: 1
Year built: 2021
Property tax: $2,073 / yr
Strata fee: $321 / mo ($0.45 / sq ft)
Strata rules: Pets Allowed With Restrictions, Rentals Allowed
Days on market: 146
MLS®: R3123580

Above typical for the area (+30%)

2026 assessment: $516,000 · asking is +6.6%
Price per sq ft: $764 vs $590 median for condos in Delta for sale (113)
Last sold: $577,000 · Nov 21, 2023

An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.

Pets Allowed With Restrictions
Rentals Allowed

On market 146 days

Listed now: 54 days; median for 113 condos for sale; this one 146 days

Condos in Delta. Sale prices register 1 to 3 months after a sale closes.

FloodplainNo
Not within a designated floodplain on the provincial floodplain maps. These maps are historical and don't cover every river or the coast.
Source: Province of BC, Mapped Floodplains in BC
Agricultural Land ReserveNo
Not inside the Agricultural Land Reserve on the provincial map.
Source: Agricultural Land Commission, ALR boundary
HeritageNo
Not on the BC Register of Historic Places or in a heritage conservation area.
Source: BC Heritage Branch, historic places and conservation areas

From public government maps, matched to the listing's map pin. Maps can be out of date or miss a lot line; confirm with the municipality.

Catchment schools, Delta School District 37

Elementary Cougar Canyon Elementaryhomes in this catchment
Secondary Seaquam Secondaryhomes in this catchment

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.

$2,890/mo

Mortgage $2,396 · Tax $173 · Strata $321

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.

estimated payment

$2,396/ monthly

loan $440,000

25-year amortization

down payment20% · $110,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 7, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $278,889
property transfer tax: $9,000; BC general rate
cash to close: $119,000; down + PTT
total paid: $718,889

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

Rent: $1,787/mo
After all costs: −$1,281/mo
Cap rate: 2.4%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $2,396 · tax $173 · strata $321 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 2-bedroom in Delta (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

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