Property Type: Condo / ApartmentOwnership: Strata

203 5550 14B AVENUE

Delta, BC V4M2G6

$575,000

2 bed2 bath1 parking1,366 sqftBuilt 1989
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Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$603/mo
Annual property tax
$2,561.08 (2025)

Interior

Heating
Baseboard heaters, Electric
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®
R3098664
Listed
March 11, 2026
Time on market
On the market for 173 days
Tax assessment year
2025
Data last synced
August 28, 2026

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

Description

Welcome to Highland Terrace! This elegant 2 bedroom, 2 bathroom corner residence in a prime Tsawwassen location. This beautifully positioned home offers a bright, spacious layout with large windows, abundant natural light, and excellent privacy. The generous living and dining areas create an inviting setting for both everyday comfort and stylish entertaining. A well-designed kitchen provides ample cabinetry and workspace, while the primary bedroom features a full ensuite for added comfort. The second bedroom is ideal for guests, a home office, or additional living flexibility. Located in a well-cared-for building just moments from shops, restaurants, transit, and town centre amenities. An exceptional opportunity for downsizers or buyers seeking comfort, convenience, and refined living. (id:63159)

Values & Trends

This listing

$421/sqft

Building average

No other active listings in this building

Delta average

$621/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

56

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
Southpointe Academy(Independent)K-12875 m
Beach Grove ElementaryElementary1.1 km
Cliff Drive ElementaryElementary1.1 km
South Park ElementaryElementary1.5 km
South Delta SecondarySecondary1.5 km
du Bois-joliElementary2.0 km
English Bluff ElementaryElementary2.5 km
Pebble Hill Traditional ElementaryElementary2.5 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 @ 14B Ave88 m
Northbound 56 St @ View Cres North112 m
Northbound 56 St @ View Cres South205 m
Southbound 56 St @ 16 Ave254 m
Southbound 56 St @ View Cres276 m

Nearby Places

Restaurants (5+)

  • Pizza Hut · 1559 56 Street190 m
  • Sushi Gurume · 1350 56 Street267 m
  • Pho Fresh · 5571 16 Avenue307 m
  • Peek A Boo Japanese Bistro · 1297 56 Street348 m
  • Best Garden Restaurant · 1234 56 Street384 m

Cafes (5+)

  • Blenz · 1315 56 Street314 m
  • Cue's N Cushion · 1244 56 Street446 m
  • Tim Hortons · 1211 56 Street508 m
  • Wood N Frog Coffee Company · 5694 12 Avenue601 m
  • Starbucks · 1155 56 Street620 m

Grocery (3)

  • Thrifty Foods · 1207 56 Street457 m
  • Meridian Farm Market · 1202 56 Street510 m
  • Save-On-Foods · 1143 56 Street699 m

Parks (5+)

  • Highland Park · 5499 13A Avenue223 m
  • View Crescent Park · 1322 View Crescent319 m
  • Wildwood Park Reserve432 m
  • Candlewyck Park · 5450 18 Avenue627 m
  • Imperial Village Park689 m

Gyms (5+)

  • Satya Yoga · 1359 56 Street241 m
  • Anytime Fitness · 1212 12 Avenue499 m
  • Oxygen Yoga & Fitness · 5514 12 Avenue552 m
  • Balanc Pilates · 5666 12 Avenue590 m
  • Muscle Memory · 5670 12 Avenue616 m

Pharmacies (5+)

  • The Medicine Shoppe · 1363 56 Street214 m
  • Pure Integrative Pharmacy · 1240 56 Street457 m
  • Shoppers Drug Mart · 1215C 56 Street465 m
  • Save-On-Foods Pharmacy Counter · 1143 56 Street719 m
  • Tsawwassen Guardian · 1077 56 Street788 m

Banks & ATMs (5+)

  • Unnamed208 m
  • Unnamed233 m
  • TD · 1323 56 Street300 m
  • Envision Financial340 m
  • RBC Royal Bank · 1281 56 Street403 m

Nearby places data: © OpenStreetMap contributors.

School district: Delta (SD37)

Mortgage & Ownership Cost Calculator

Minimum required: 5.7% ($32,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$460,000.00
Periodic payment — Principal & Interest (monthly)$2,967.76
Additional monthly expenses (strata, tax, utilities, etc.)$884.42
Total monthly cost$3,852.19
Interest paid over 5-yr term$131,837.32
Balance at end of term$413,771.49

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$32,500
Stress test qualifying rate8.09%
Payment you must qualify for$4,171.64

Cash Needed at Closing

Minimum down payment$32,500
Estimated BC PTT$9,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$43,500

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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