Property Type: Condo / ApartmentOwnership: Strata

206 5055 SPRINGS BOULEVARD

Tsawwassen, BC V4M0A5

$698,000

2 bed2 bath1 parking1,046 sqftBuilt 2014
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Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$533/mo
Annual property tax
$3,240.08 (2025)

Interior

Basement
Partial, Unknown, Unknown
Heating
Geo Thermal
Cooling / A/C
Air Conditioned
Fireplace
None

Exterior & Lot

View
View

Parking

Total spaces
1 — uncovered indicated
Features
Underground

Restrictions & Policies

Rentals
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®
R3126341
Listed
May 21, 2026
Time on market
On the market for 102 days
Tax assessment year
2025
Data last synced
August 28, 2026

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

Description

Spacious and beautifully appointed 2 bedroom/ 1.5 Bath home at the sought-after Tsawwassen Springs community! This concrete-built residence features a bright open-concept layout with a large primaryt bedroom, walkin closet and large ensuite. Enjoy stunning golf course and mount views from your private balcony while experiencing year-round comfort with geothermal heating and cooling. Thoughtfully designed with high-end finishes, generous living spaces, and resort-style living in mind. Just steps to Nat´s Coffee House, Newmans Fine Foods, Pat Quinn´s Restaurant, and all the conveniences of Tsawwassen Springs. A perfect blend of luxury, lifestyle, and location! (id:63159)

Values & Trends

This listing

$667/sqft

Building average

$762/sqft

2 active listing(s)

Tsawwassen average

$741/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

52

8/9 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 ElementaryElementary743 m
Southpointe Academy(Independent)K-121.4 km
du Bois-joliElementary1.7 km
South Delta SecondarySecondary1.9 km
Beach Grove ElementaryElementary1.9 km
South Park ElementaryElementary2.0 km
English Bluff ElementaryElementary2.4 km
Pebble Hill Traditional ElementaryElementary2.9 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 52 St @ Springs Blvd339 m
Northbound 52 St @ Spyglass Cres344 m
Southbound Hwy 17 @ 52 St556 m
Northbound 52 St @ Saratoga Dr568 m
Southbound 52 St @ Hwy 17591 m

Nearby Places

Restaurants (5+)

  • Pat Quinn's · 5133 Springs Boulevard228 m
  • Montana's · 5000 Canoe Pass Way381 m
  • Boston Pizza · 5000 Canoe Pass Way442 m
  • Milestones · 5000 Canoe Pass Way452 m
  • Big Way Hotpot455 m

Cafes (5+)

  • Nat's Coffee House · 5188 Springs Boulevard299 m
  • Finfin Soft Serve & Taiyaki461 m
  • Big Way Tea Studio468 m
  • Limegee472 m
  • Real Fruit Bubble Tea476 m

Grocery (1)

  • Newman's Fine Foods · 5188 Springs Boulevard287 m

Parks (4)

  • Imperial Village Park733 m
  • Osprey Park743 m
  • Unnamed745 m
  • Unnamed750 m

Shopping (4)

  • Winners581 m
  • Tsawwassen Mills · 5000 Canoe Pass Way584 m
  • Marshalls629 m
  • Muji664 m

Gyms (2)

  • TWC Pilates · 5133 Springs Boulevard182 m
  • Tsawwassen Springs Fitness · 5133 Springs Boulevard182 m

Pharmacies (1)

  • Shoppers Drug Mart438 m

Banks & ATMs (3)

  • Unnamed621 m
  • Bitcoin Well ATM · 5000 Canoe Pass Way622 m
  • Unnamed755 m

Nearby places data: © OpenStreetMap contributors.

School district: Delta (SD37)

Mortgage & Ownership Cost Calculator

Minimum required: 6.4% ($44,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$558,400.00
Periodic payment — Principal & Interest (monthly)$3,602.61
Additional monthly expenses (strata, tax, utilities, etc.)$855.14
Total monthly cost$4,457.74
Interest paid over 5-yr term$160,039.05
Balance at end of term$502,282.61

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$44,800
Stress test qualifying rate8.09%
Payment you must qualify for$5,022.88

Cash Needed at Closing

Minimum down payment$44,800
Estimated BC PTT$11,960
Legal / closing costs (typical estimate)$1,500
Total cash needed$58,260

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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