8553 116B Street

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

suite rent

$1,780/mo

your cost after the suite

$4,153/mo

vs $5,791 without it

Costs: mortgage $5,179 · tax $436 · insurance ~$175 · vacancy 3% · upkeep 5%.

Suite rent is today's market rent for a 1-bedroom in Delta: CMHC's average there ($1,550) raised by what new tenants pay against everyone in the Vancouver area, then down 1.5% with Vancouver's asking rents, 2025 Q4 → 2026 Q2. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant); trend: Statistics Canada.) Houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.

Catchment schools, Delta School District 37

• Elementary Hellings Elementaryhomes in this catchment

  200 m away · 11655 86 Ave, Delta · 604-596-1701

• Secondary North Delta Secondaryhomes in this catchment

  700 m 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.