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$2,249,900

5229 LYNN PLACE

Delta · MLS® R3164960

6 bed · 5 bath · 4,488 sq ft · 7,647 sq ft lot · 4 parking

House · Single Family · built 2011 · 25 days on market

Listed by Mandip Gill, Sutton Group Seafair Realty

Realtor's description

This exquisite 4,488sqft executive residence features a rare, detached 653sqft 2-bed legal coach home. A Brazilian mahogany door reveals Italian marble floors, custom millwork, and a hand-turned staircase. The chef´s kitchen dazzles with quartz counters, maple shaker cabinets, Jenn-Air gas range, double ovens, 2 dishwashers and built-in Miele coffee station. Entertain seamlessly via the dining room´s 15ft NanaWall, opening to a heated outdoor oasis with a gas fireplace. Upstairs features spacious bedrooms and a primary suite featuring a spa-like ensuite with dual showers, soaker tub and a private balcony complete with a hot tub. Located on a quiet cul-de-sac steps from both levels of schools, parks, and shopping. The ultimate blend of craftsmanship and convenience.

Property details

Type: House, Single Family
Bedrooms: 6
Bathrooms: 5
Living area: 4,488 sq ft
Lot: 7,647 sq ft
Parking: 4
Year built: 2011
Property tax: $8,251 / yr
Days on market: 25
MLS®: R3164960

Features

Central location
Cul-de-sac
Refrigerator
Hot Tub
Central Vacuum
Dishwasher

Floor plans

Found among the listing photos.

Price check

Below typical for the area (-14%)

2026 assessment: $2,055,000 · asking is +9.5%
Price per sq ft: $501 vs $585 median for houses in Delta for sale (407)

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.

Property insights

On market 25 days · no price changes so far

The market here

Listed now: 59 days; median for 411 houses for sale; this one 25 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$2,055,000	$8,327

The listing shows $8,251 a year in property tax.

Estimate: the BC Assessment value times Delta's residential tax rate for that year (Province of BC, local government statistics). Leaves out the home owner grant, parcel taxes and utility charges; the city's tax notice is the real figure.

Monthly cost

$10,490/mo

Mortgage $9,803 · Tax $688

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

estimated payment

$9,803/ monthly

loan $1,799,920

25-year amortization

down payment20% · $449,98020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 9, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $1,140,860
property transfer tax: $45,497; BC general rate
cash to close: $495,477; down + PTT
total paid: $2,940,780

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.

If you rented it out

Suite rent: $1,550/mo
Your cost after the suite: $9,239/mo; vs $10,665 without it

Suite rent / moDown payment %Rate %

Costs: mortgage $9,803 · tax $688 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 3+ bedroom (1-bedroom for the suite) 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

Location

Lot outline: 713 m² (7,675 sq ft) · PID 028-194-497. From ParcelMap BC; property lines are approximate, a survey is the legal boundary.

DeltaGoogle Maps ↗

Location

DeltaGoogle Maps ↗

Schools

Catchment schools, Delta School District 37

Elementary Ladner Elementaryhomes in this catchment
500 m away · 5016 44 Ave, Delta · 604-946-4158
Secondary Delta Secondaryhomes in this catchment
300 m 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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