Property Type: Condo / ApartmentOwnership: Strata

203 1315 56 STREET

Delta, BC V4L2A6

$668,000

2 bed2 bath1 parking966 sqftBuilt 2007
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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
$417/mo
Annual property tax
$2,436.44 (2025)

Interior

Heating
Baseboard heaters, Electric, Natural gas
Fireplace
None

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®
R3104395
Listed
March 27, 2026
Time on market
On the market for 157 days
Tax assessment year
2025
Data last synced
August 28, 2026

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

Description

A gorgeous renovated unit in the popular OLIVA, with $80k in updates! Olivia is an award winning building, built under LEED principals- rooftop solar panels-keeps maintenance fees low! Open concept Spacious living/dining space, custom tile fireplace, white kitchen-new cupboards, countertops+ stainless appliances, hardwood flooring, new bathrooms+fixtures-shows like NEW! Oversize balcony with n/gas hook up. Exposure is north with some afternoon sun, overlook is to landscaped treed area. Parking stall #107, storage locker #3. Main $416.94/mo. Pets ok( 1 dog (22lbs max) or 2 cats. Total 966 sq.ft-two beds/two full baths. Wonderful opportunity in one of Tsawwassen best buildings, walking distance to everything! (id:63159)

Values & Trends

This listing

$692/sqft

Building average

$583/sqft

1 active listing(s)

Delta average

$619/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

78

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 ElementaryElementary1.0 km
Southpointe Academy(Independent)K-121.2 km
South Park ElementaryElementary1.2 km
South Delta SecondarySecondary1.2 km
Beach Grove ElementaryElementary1.3 km
du Bois-joliElementary1.7 km
English Bluff ElementaryElementary2.2 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
Southbound 56 St @ View Cres136 m
Northbound 56 St @ View Cres South198 m
Northbound 56 St @ 12 Ave202 m
Eastbound 12 Ave @ 5500 Block231 m
Westbound 12 Ave @ 56 St232 m

Nearby Places

Restaurants (5+)

  • Peek A Boo Japanese Bistro · 1297 56 Street37 m
  • Best Garden Restaurant · 1234 56 Street178 m
  • Red Swan Pizza · 1276 56 Street180 m
  • Toto Sushi · 1270 56 Street184 m
  • Sushi Gurume · 1350 56 Street186 m

Cafes (5+)

  • Blenz · 1315 56 Street70 m
  • Cue's N Cushion · 1244 56 Street209 m
  • Tim Hortons · 1211 56 Street222 m
  • Starbucks · 1155 56 Street325 m
  • Wood N Frog Coffee Company · 5694 12 Avenue382 m

Grocery (3)

  • Thrifty Foods · 1207 56 Street142 m
  • Meridian Farm Market · 1202 56 Street264 m
  • Save-On-Foods · 1143 56 Street388 m

Parks (3)

  • Highland Park · 5499 13A Avenue152 m
  • View Crescent Park · 1322 View Crescent240 m
  • Wildwood Park Reserve706 m

Gyms (5+)

  • Satya Yoga · 1359 56 Street141 m
  • Oxygen Yoga & Fitness · 5514 12 Avenue235 m
  • Anytime Fitness · 1212 12 Avenue276 m
  • Balanc Pilates · 5666 12 Avenue359 m
  • T-Town Pilates387 m

Pharmacies (5+)

  • The Medicine Shoppe · 1363 56 Street107 m
  • Shoppers Drug Mart · 1215C 56 Street171 m
  • Pure Integrative Pharmacy · 1240 56 Street215 m
  • Save-On-Foods Pharmacy Counter · 1143 56 Street408 m
  • Tsawwassen Guardian · 1077 56 Street485 m

Banks & ATMs (5+)

  • Envision Financial31 m
  • RBC Royal Bank · 1281 56 Street109 m
  • TD · 1323 56 Street114 m
  • Unnamed153 m
  • Vancity · 1215 56 Street179 m

Nearby places data: © OpenStreetMap contributors.

School district: Delta (SD37)

Other Listings in This Building

Other units currently listed in the same building. 203 1315 56 STREET

View building profile →
Built 2007

Mortgage & Ownership Cost Calculator

Minimum required: 6.3% ($41,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$534,400.00
Periodic payment — Principal & Interest (monthly)$3,447.77
Additional monthly expenses (strata, tax, utilities, etc.)$667.98
Total monthly cost$4,115.74
Interest paid over 5-yr term$153,160.58
Balance at end of term$480,694.53

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$41,800
Stress test qualifying rate8.09%
Payment you must qualify for$4,815.26

Cash Needed at Closing

Minimum down payment$41,800
Estimated BC PTT$11,360
Legal / closing costs (typical estimate)$1,500
Total cash needed$54,660

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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