9272 116 Street

Delta · MLS® R3109079

521

2,264 sq ft · 11,851 sq ft lot · House · Single Family · built 1966 · 201 days on market

listed by Inder Bains, Gilco Real Estate Services

realtor's description

beautifully renovated home featuring 3 bedrooms up and a 2-bedroom basement suite-perfect for family living or rental income. updates include a new kitchen, modern bathrooms, fresh paint, and new flooring throughout. situated on a large lot with subdivision potential into 2 lots (approx. 5,925 sq ft with 40 feet front each)-a rare opportunity for builders and investors. subdivision application has previously been submitted with the city, helping save valuable time for future development. call today to book your showing!

property details

type: House, Single Family
bedrooms: 5
bathrooms: 2
living area: 2,264 sq ft
lot: 11,851 sq ft
parking: 1
year built: 1966
property tax: $4,835 / yr
days on market: 201
MLS®: R3109079

features

Washer
Refrigerator
Dishwasher
Stove
Dryer

the market here

listed now: 61 days; median for 407 houses for sale; this one 201 days

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

property tax by year

year	assessed	est. tax
2026	$1,282,500	$5,197

The listing shows $4,835 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

$8,104/mo

Mortgage $7,701 · Tax $403

20% down at 4.44% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$7,701/ monthly

loan $1,399,882

25-year amortization

down payment20% · $349,97120%+ down: no mortgage insuranceinterest rate4.44%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 28, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $910,521
property transfer tax: $32,997; BC general rate
cash to close: $382,968; down + PTT
total paid: $2,310,403

first-time buyernewly builtforeign national

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer. Transfer tax: 1% to $200k, 2% to $2M, 3% to $3M, 5% above. First-time buyers pay nothing on the first $500k for homes up to $835k (phasing out by $860k); newly built homes are exempt up to $1.1M (phasing out by $1.15M). Both need Canadian citizenship or permanent residence and other conditions; the 20% foreign buyer tax applies in Metro Vancouver, the Fraser Valley, the Capital Region, Central Okanagan and Nanaimo.

if you rented it out

suite rent: $2,020/mo
your cost after the suite: $6,421/mo; vs $8,279 without it

Suite rent / moDown payment %Rate %

Costs: mortgage $7,701 · tax $403 · insurance ~$175 · vacancy 3% · upkeep 5%.

Suite rent is today's market rent for a 2-bedroom in Delta: CMHC's average there ($1,787) raised by what new tenants pay against everyone in the Vancouver area, then down 0.8% 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.

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