Property Type: Detached HouseOwnership: Freehold

1291 MALIBU PLACE

Delta, BC V4M3J1

$2,000,000

3 bed3 bath6 parking1,220 sqftBuilt 1967
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Property Details

Property & Lot

Sub-type
House
Lot size
8,611 square feet
Frontage
0 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,246.67 (2025)

Interior

Heating
Electric
Fireplace
Yes (1)

Parking

Total spaces
6

Listing Information

MLS®
R3140475
Listed
June 26, 2026
Time on market
On the market for 66 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Angell, Hasman & Associates Realty Ltd. · Data source: CREA DDF.

Description

Prime Tsawwassen Development Site - 24 Townhomes. Rare opportunity to develop 24 modern townhomes in a prime location. Tsawwassen, along with the rest of Metro Vancouver, is entering a new era of residential density. This development site presents an exceptional opportunity to build 24 modern townhomes in a rapidly evolving community. This is a rare opportunity to participate in Tsawwassen´s next chapter of thoughtful, sustainable growth. (id:63159)

Values & Trends

This listing

$1,639/sqft

Building average

No other active listings in this building

Delta average

$728/sqft

371 active listing(s)

Parking: 6 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.

Detached (House) Market Stats — Delta

Monthly figures from the Fraser Valley Real Estate Board for Delta detached (house)listings — not specific to this property.

MLS® HPI Benchmark Price

Data unavailable

Average Sale Price

$1,540,000

Jun 2025

Monthly Sales

0

Jul 2026

Active Listings

1

Jul 2026

Sales-to-Active Ratio

100.0%

Feb 2024

Median Days to Contract

27 days

Jun 2025

Average Sale Price

Data available for 5 of 60 months shown — gaps in the line are months FVREB has no reported value for, not zero.

$2,380,000
$1,501,000
Aug '21Aug '22Aug '23Aug '24Aug '25Jul '26

Source: Fraser Valley Real Estate Board (FVREB).

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

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

63

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
Cliff Drive ElementaryElementary827 m
South Delta SecondarySecondary1.2 km
South Park ElementaryElementary1.2 km
Southpointe Academy(Independent)K-121.3 km
Beach Grove ElementaryElementary1.5 km
du Bois-joliElementary1.6 km
English Bluff ElementaryElementary2.1 km
Pebble Hill Traditional ElementaryElementary2.2 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 12 Ave @ 55 St196 m
Eastbound 12 Ave @ 53A St235 m
Westbound 12 Ave @ 53A St284 m
Eastbound 12 Ave @ 5500 Block295 m
Southbound 53A St @ 11A Ave312 m

Nearby Places

Restaurants (5+)

  • Peek A Boo Japanese Bistro · 1297 56 Street199 m
  • Roy's Indian · 1179 56 Street330 m
  • Best Garden Restaurant · 1234 56 Street354 m
  • Red Swan Pizza · 1276 56 Street356 m
  • Toto Sushi · 1270 56 Street357 m

Cafes (5+)

  • Blenz · 1315 56 Street254 m
  • Tim Hortons · 1211 56 Street339 m
  • Cue's N Cushion · 1244 56 Street368 m
  • Starbucks · 1155 56 Street411 m
  • Wood N Frog Coffee Company · 5694 12 Avenue529 m

Grocery (3)

  • Thrifty Foods · 1207 56 Street221 m
  • Meridian Farm Market · 1202 56 Street410 m
  • Save-On-Foods · 1143 56 Street425 m

Parks (3)

  • Highland Park · 5499 13A Avenue184 m
  • View Crescent Park · 1322 View Crescent424 m
  • Wildwood Park Reserve707 m

Gyms (5+)

  • Oxygen Yoga & Fitness · 5514 12 Avenue263 m
  • Satya Yoga · 1359 56 Street316 m
  • Anytime Fitness · 1212 12 Avenue433 m
  • Balanc Pilates · 5666 12 Avenue502 m
  • T-Town Pilates527 m

Pharmacies (5+)

  • The Medicine Shoppe · 1363 56 Street256 m
  • Shoppers Drug Mart · 1215C 56 Street292 m
  • Pure Integrative Pharmacy · 1240 56 Street371 m
  • Save-On-Foods Pharmacy Counter · 1143 56 Street443 m
  • Tsawwassen Guardian · 1077 56 Street535 m

Banks & ATMs (5+)

  • Envision Financial158 m
  • Unnamed217 m
  • Unnamed248 m
  • Coast Capital Savings · 5506 12 Avenue251 m
  • RBC Royal Bank · 1281 56 Street254 m

Nearby places data: © OpenStreetMap contributors.

School district: Delta (SD37)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($400,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,600,000.00
Periodic payment — Principal & Interest (monthly)$10,322.66
Additional monthly expenses (strata, tax, utilities, etc.)$498.22
Total monthly cost$10,820.88
Interest paid over 5-yr term$458,564.60
Balance at end of term$1,439,205.17

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$400,000
Stress test qualifying rate8.09%
Payment you must qualify for$12,303.44

Cash Needed at Closing

Minimum down payment$400,000
Estimated BC PTT$38,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$439,500

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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