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$1,799,000

5517 18TH AVENUE

Tsawwassen · MLS® R3171050

4 bed · 3 bath · 2,412 sq ft · 8,278 sq ft lot · 8 parking

House · Single Family · built 1973 · 6 days on market

Listed by Jaspreet Gill, LPT Realty ULC

EXCEPTIONAL DEVELOPMENT OPPORTUNITY! A unique combination of development potential and immediate rental/living options. 5 townhomes are approved, with Development Permit (DP) drawings available for review. The property also features a recently updated 5-bedroom, 3-bathroom home with a basement suite, providing an excellent option for a buyer who wants to live in the property, generate rental income, or hold the property while planning the approved development. An attractive opportunity for builders, investors, or homeowners looking for future development potential with existing accommodation.

Type: House, Single Family
Bedrooms: 4
Bathrooms: 3
Living area: 2,412 sq ft
Lot: 8,278 sq ft
Parking: 8
Year built: 1973
Property tax: $5,720 / yr
Days on market: 6
MLS®: R3171050

Above typical for the area (+33%)

Price per sq ft: $746 vs $560 median for houses in Tsawwassen for sale (33)

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.

Central location
All

On market 6 days

Listed now: 56 days; median for 33 houses for sale; this one 6 days

Houses in Tsawwassen. 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 Maps can be out of date or miss a lot line; confirm with the municipality.

$8,315/mo

Mortgage $7,838 · Tax $477

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

estimated payment

$7,838/ monthly

loan $1,439,200

25-year amortization

down payment20% · $359,80020%+ 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: $912,221
property transfer tax: $33,980; BC general rate
cash to close: $393,780; down + PTT
total paid: $2,351,421

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.

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