Condo
$489,900
C101 4831 53 STREET
Delta28 days on market
1 bd1 ba808 sq ft
MLS® R31618291 / 23
$479,999
603 11881 88 AVENUE
Delta · MLS® R3164801
2 bed · 2 bath · 1,144 sq ft · 1 parking
Condo · Single Family · built 1986 · 22 days on market
Listed by Pranay Sharma, eXp Realty of Canada Inc.
Realtor's description
Welcome to Kennedy Towers! This centrally located, well-managed building offers a spacious 1,144 sq. ft. of living space, which features 2 bedrooms and 1.5 bathrooms, PLUS a large 160 sq. ft. enclosed balcony that could potentially be used as a third bedroom, home office, or den. Enjoy beautiful panoramic views from the living room, along with an open-concept living and dining area filled with abundant natural light. The generous primary bedroom features a walk-in closet and a convenient 2-piece ensuite. The building has undergone numerous upgrades, including new elevators, updated piping, fresh paint, and a newer roof. Conveniently located close to grocery stores, schools, public transit, and everyday amenities, this is an excellent opportunity to make this home YOURS! Open House Sat/Sun 2-4pm
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,144 sq ft
- Parking
- 1
- Year built
- 1986
- Property tax
- $2,096 / yr
- Strata fee
- $471 / mo ($0.41 / sq ft)
- Strata rules
- Pets not Allowed
- Days on market
- 22
- MLS®
- R3164801
Features
- Pets not Allowed
Monthly cost
$2,737/mo
Mortgage $2,091 · Tax $175 · Strata $471
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
If you rented it out
- Rent
- $1,787/mo
- After all costs
- −$1,128/mo
- Cap rate
- 2.4%
- yearly net rent ÷ price
Costs: mortgage $2,091 · tax $175 · strata $471 · 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
Location
DeltaGoogle Maps ↗
Schools
Catchment schools, Delta School District 37
- Elementary Hellings Elementaryhomes in this catchment
600 m away · 11655 86 Ave, Delta · 604-596-1701
- Secondary North Delta Secondaryhomes in this catchment
1.4 km away · 11447 82 Ave, Delta · 604-596-7471
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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