Property Type: Condo / ApartmentOwnership: Strata

103 1118 55 STREET

Delta, BC V4M3J8

$699,000

2 bed2 bath2 parking1,333 sqftBuilt 1992
Get Directions

Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$644/mo
Annual property tax
$3,151.38 (2026)

Interior

Heating
Electric
Fireplace
None

Parking

Total spaces
2

Restrictions & Policies

Pets
Allowed with restrictions

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Listing Information

MLS®
R3155528
Listed
August 13, 2026
Time on market
On the market for 18 days
Tax assessment year
2026
Data last synced
August 28, 2026

Listing provided by: Sutton Group Seafair Realty · Data source: CREA DDF.

Description

Welcome to Cambridge Place, where comfort meets convenience in this beautifully updated 1,333 square ft ground-floor home. This bright and spacious 2-bedroom, 2-bathroom residence offers desirable rancher-style living with no stairs and two private patios, including a sunny southeast-facing outdoor space perfect for relaxing or entertaining. Thoughtfully updated with fresh paint, new carpeting, and crown moulding, the home features generously sized rooms that easily accommodate full-sized furniture. The bright kitchen offers white cabinetry, a spacious eating area, and a large pantry for exceptional storage. A cozy gas fireplace and oversized windows fill the home with warmth and natural light. Located just steps from Winskill Park, the library, restaurants, shopping, and transit. (id:63159)

Values & Trends

This listing

$524/sqft

Building average

No other active listings in this building

Delta average

$620/sqft

117 active listing(s)

Parking: 2 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Apartment Market Stats — Delta

Monthly figures from the Fraser Valley Real Estate Board for Delta apartmentlistings — not specific to this property.

MLS® HPI Benchmark Price

Data unavailable

Average Sale Price

$728,000

Jul 2026

Monthly Sales

1

Jul 2026

Active Listings

0

Jul 2026

Sales-to-Active Ratio

100.0%

Mar 2024

Median Days to Contract

37 days

Jul 2026

Average Sale Price

Data available for 12 of 60 months shown — gaps in the line are months FVREB has no reported value for, not zero.

$1,000,102
$539,900
Aug '21Aug '22Aug '23Aug '24Aug '25Jul '26

Source: Fraser Valley Real Estate Board (FVREB).

Location Insights

Weather

Nearest station: Richmond

Clear

17°C

Clear

Humidity 100%

Wind WNW 13 km/h

Tonight

14°

Tuesday

21°

Tuesday night

16°

Wednesday

19°

Wednesday night

14°

Thursday

17°

Source: Environment and Climate Change Canada.

Population

108,455

(2021 Census)

+6.1% since 2016

Density: 603.7/km²

Dwellings: 39,736

Median household income: $108,000

After-tax: $95,000

Immigrant population: 33.1%

Top countries of origin (% of total population)

  • India11.4% · 12,375
  • China3.5% · 3,820
  • United Kingdom2.7% · 2,955
  • Philippines2.5% · 2,680
  • Hong Kong1% · 1,100
  • Taiwan1% · 1,095
  • United States of America0.9% · 950
  • Pakistan0.7% · 775

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

70

7/9 categories nearby

Transit

33

5 stop(s) within 800m

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
South Park ElementaryElementary791 m
South Delta SecondarySecondary838 m
Cliff Drive ElementaryElementary1.0 km
du Bois-joliElementary1.5 km
Southpointe Academy(Independent)K-121.6 km
Beach Grove ElementaryElementary1.7 km
Pebble Hill Traditional ElementaryElementary1.8 km
English Bluff ElementaryElementary1.8 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

StopTypeDistance
Eastbound 10 Ave @ 54A St176 m
Eastbound 12 Ave @ 5500 Block182 m
Southbound 56 St @ 12 Ave192 m
Westbound 12 Ave @ 55 St219 m
Westbound 12 Ave @ 56 St236 m

Nearby Places

Restaurants (5+)

  • Gracie's Next Door · 1127 56 Street139 m
  • Mario's Kitchen · 1105 56 Street140 m
  • Alfa · 1097 56 Street143 m
  • Illuminate Restorante · 1077 56 Street146 m
  • Clay Oven · 1077 56 Street162 m

Cafes (5+)

  • Starbucks · 1155 56 Street177 m
  • Tim Hortons · 1211 56 Street254 m
  • Cue's N Cushion · 1244 56 Street351 m
  • Wood N Frog Coffee Company · 5694 12 Avenue373 m
  • Blenz · 1315 56 Street413 m

Grocery (3)

  • Save-On-Foods · 1143 56 Street68 m
  • Thrifty Foods · 1207 56 Street262 m
  • Meridian Farm Market · 1202 56 Street321 m

Parks (2)

  • View Crescent Park · 1322 View Crescent526 m
  • Highland Park · 5499 13A Avenue534 m

Gyms (5+)

  • Oxygen Yoga & Fitness · 5514 12 Avenue168 m
  • Balanc Pilates · 5666 12 Avenue346 m
  • T-Town Pilates351 m
  • Muscle Memory · 5670 12 Avenue360 m
  • Anytime Fitness · 1212 12 Avenue361 m

Pharmacies (5+)

  • Save-On-Foods Pharmacy Counter · 1143 56 Street67 m
  • Tsawwassen Guardian · 1077 56 Street154 m
  • Shoppers Drug Mart · 1215C 56 Street273 m
  • Pure Integrative Pharmacy · 1240 56 Street342 m
  • The Medicine Shoppe · 1363 56 Street505 m

Banks & ATMs (5+)

  • Scotiabank · 1139 56 Street147 m
  • Unnamed149 m
  • CIBC · 1197 12 Avenue157 m
  • Coast Capital Savings · 5506 12 Avenue165 m
  • Unnamed168 m

Nearby places data: © OpenStreetMap contributors.

School district: Delta (SD37)

Mortgage & Ownership Cost Calculator

Minimum required: 6.4% ($44,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$559,200.00
Periodic payment — Principal & Interest (monthly)$3,607.77
Additional monthly expenses (strata, tax, utilities, etc.)$973.99
Total monthly cost$4,581.75
Interest paid over 5-yr term$160,268.33
Balance at end of term$503,002.21

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$44,900
Stress test qualifying rate8.09%
Payment you must qualify for$5,029.80

Cash Needed at Closing

Minimum down payment$44,900
Estimated BC PTT$11,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$58,380

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

Request more information