Property Type: Condo / ApartmentOwnership: Strata

202 1131 55 STREET

Delta, BC V4M3J9

$665,000

2 bed2 bath1 parking1,349 sqftBuilt 1999
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Amenities

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$597/mo
Annual property tax
$2,674.13 (2025)

Interior

Heating
Radiant heat, Natural gas
Fireplace
None
Appliances
All

Exterior & Lot

Lot features
Central location, Private setting, Elevator, Wheelchair access

Building

Security
Smoke Detectors
Parcel ID (PID)
024-563-374

Parking

Total spaces
1 — uncovered indicated
Features
Underground, Visitor Parking

Restrictions & Policies

Pets
Not allowed

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

Listing Information

MLS®
R3155946
Listed
August 14, 2026
Time on market
On the market for 17 days
Tax assessment year
2025
Data last synced
September 1, 2026

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

Description

Pacific Ridge - Quality built and rarely available! This meticulous 1349 sq. ft. sunny southwest corner suite offers a spacious, well designed floorplan with 2 full baths and a spacious 131 square ft private patio-perfect for your outdoor enjoyment. Features include radiant heat, gas fireplace and a generous primary bedroom with ensuite. Ideal for downsizers or first time buyers. Just a short walk to Town Centre shops, restaurants, library, community centre and transit. Storage Locker and Parking space included. (id:63159)

Values & Trends

This listing

$493/sqft

Building average

No other active listings in this building

Delta average

$620/sqft

117 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.

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 ElementaryElementary822 m
South Delta SecondarySecondary851 m
Cliff Drive ElementaryElementary949 m
du Bois-joliElementary1.4 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
Westbound 12 Ave @ 55 St164 m
Eastbound 10 Ave @ 54A St171 m
Eastbound 12 Ave @ 5500 Block180 m
Southbound 56 St @ 12 Ave231 m
Eastbound 12 Ave @ 53A St244 m

Nearby Places

Restaurants (5+)

  • Roy's Indian · 1179 56 Street182 m
  • Gracie's Next Door · 1127 56 Street199 m
  • Mario's Kitchen · 1105 56 Street202 m
  • Alfa · 1097 56 Street208 m
  • Illuminate Restorante · 1077 56 Street213 m

Cafes (5+)

  • Starbucks · 1155 56 Street215 m
  • Tim Hortons · 1211 56 Street266 m
  • Cue's N Cushion · 1244 56 Street363 m
  • Blenz · 1315 56 Street400 m
  • Wood N Frog Coffee Company · 5694 12 Avenue413 m

Grocery (3)

  • Save-On-Foods · 1143 56 Street125 m
  • Thrifty Foods · 1207 56 Street244 m
  • Meridian Farm Market · 1202 56 Street344 m

Parks (2)

  • Highland Park · 5499 13A Avenue498 m
  • View Crescent Park · 1322 View Crescent530 m

Gyms (5+)

  • Oxygen Yoga & Fitness · 5514 12 Avenue147 m
  • Balanc Pilates · 5666 12 Avenue384 m
  • Anytime Fitness · 1212 12 Avenue384 m
  • T-Town Pilates394 m
  • Muscle Memory · 5670 12 Avenue402 m

Pharmacies (5+)

  • Save-On-Foods Pharmacy Counter · 1143 56 Street130 m
  • Tsawwassen Guardian · 1077 56 Street220 m
  • Shoppers Drug Mart · 1215C 56 Street273 m
  • Pure Integrative Pharmacy · 1240 56 Street355 m
  • The Medicine Shoppe · 1363 56 Street484 m

Banks & ATMs (5+)

  • Coast Capital Savings · 5506 12 Avenue134 m
  • Unnamed136 m
  • CIBC · 1197 12 Avenue155 m
  • Scotiabank · 1139 56 Street197 m
  • Unnamed198 m

Nearby places data: © OpenStreetMap contributors.

School district: Delta (SD37)

Mortgage & Ownership Cost Calculator

Minimum required: 6.2% ($41,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$532,000.00
Periodic payment — Principal & Interest (monthly)$3,432.28
Additional monthly expenses (strata, tax, utilities, etc.)$887.09
Total monthly cost$4,319.38
Interest paid over 5-yr term$152,472.73
Balance at end of term$478,535.72

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$41,500
Stress test qualifying rate8.09%
Payment you must qualify for$4,794.50

Cash Needed at Closing

Minimum down payment$41,500
Estimated BC PTT$11,300
Legal / closing costs (typical estimate)$1,500
Total cash needed$54,300

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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