Property Type: Condo / ApartmentOwnership: Strata

105 2431 RABBIT DRIVE

Tsawwassen, BC V4M0G5

$479,800

1 bed1 bath1 parking563 sqftBuilt 2024
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Amenities

Gym

Also listed: Restaurant, Laundry - In Suite

Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$408/mo
Annual property tax
$0 (2024)

Interior

Heating
Baseboard heaters, Electric
Fireplace
None

Exterior & Lot

View
View
Pool
Outdoor pool

Parking

Total spaces
1

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®
R3114520
Listed
April 22, 2026
Time on market
On the market for 131 days
Tax assessment year
2024
Data last synced
August 28, 2026

Listing provided by: RE/MAX Magnolia · Data source: CREA DDF.

Description

Salt, sun, and effortless coastal living-welcome to Salt & Meadow. This fully furnished 1-bedroom + den offers a sleek, modern layout paired with a private garden patio perfect for morning coffee or evening wine. Wake to soft water views, spend your days by the pool or at the beach, and unwind in one of two beautifully designed resident lounges. Thoughtfully appointed with a hot tub, fitness centre, parking, and bike storage, every detail is designed for comfort and ease. Just steps from the sand, ferries, shops, and dining in sunny Tsawwassen, this is turnkey living with a distinctly coastal edge. (id:63159)

Values & Trends

This listing

$852/sqft

Building average

$721/sqft

1 active listing(s)

Tsawwassen average

$736/sqft

43 active listing(s)

Parking: 1 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.

Location Insights

Weather

Nearest station: Richmond

Clear

15°C

Clear

Humidity 100%

Wind NW 5 km/h

Tonight

14°

Tuesday

21°

Tuesday night

16°

Wednesday

19°

Wednesday night

14°

Thursday

17°

Source: Environment and Climate Change Canada.

Population

2,256

(2021 Census)

+176.5% since 2016

Density: 343.4/km²

Dwellings: 1,081

Median household income: $98,000

After-tax: $86,000

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

11

1/9 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
Cliff Drive ElementaryElementary2.9 km
Southpointe Academy(Independent)K-123.1 km
du Bois-joliElementary3.6 km
Beach Grove ElementaryElementary3.8 km
Sacred Heart(Independent)Elementary3.8 km
Port Guichon ElementaryElementary4.1 km
South Delta SecondarySecondary4.2 km
Ladner ElementaryElementary4.2 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
Westbound Wolf Way @ Wren Dr156 m
Eastbound Wolf Way @ Wren Dr250 m
Northbound Tsawwassen Dr N @ Falcon Way376 m
Southbound Tsawwassen Dr N @ Falcon Way417 m
Southbound Dragonfly Dr @ Cormorant Dr627 m

Nearby Places

Parks (4)

  • Boardwalk Salmon Park155 m
  • Tsawwassen First Nation Sport Field Complex298 m
  • Unnamed435 m
  • Unnamed458 m

Nearby places data: © OpenStreetMap contributors.

School district: Delta (SD37)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($23,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$383,840.00
Periodic payment — Principal & Interest (monthly)$2,476.41
Additional monthly expenses (strata, tax, utilities, etc.)$435.62
Total monthly cost$2,912.03
Interest paid over 5-yr term$110,009.65
Balance at end of term$345,265.32

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$23,990
Stress test qualifying rate8.09%
Payment you must qualify for$3,505.02

Cash Needed at Closing

Minimum down payment$23,990
Estimated BC PTT$7,596
Legal / closing costs (typical estimate)$1,500
Total cash needed$33,086

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.

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