Property Type: Condo / ApartmentOwnership: Strata

209 1315 56 STREET

Delta, BC V4L2A6

$549,000

2 bed2 bath1 parking942 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
$407/mo
Annual property tax
$2,227.93 (2024)

Interior

Heating
Baseboard heaters, Electric
Fireplace
None

Exterior & Lot

View
View

Parking

Total spaces
1 — uncovered indicated
Features
Underground

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®
R3111117
Listed
April 14, 2026
Time on market
On the market for 139 days
Tax assessment year
2024
Data last synced
August 28, 2026

Listing provided by: eXp Realty of Canada, Inc. · Data source: CREA DDF.

Description

Welcome to Oliva, an award-winning LEED-certified mixed-use building in the heart of Tsawwassen. This beautifully maintained 2 bed, 2 bath home offers 942 sqft of spacious open-concept living-larger than many of today´s condos. Overlooking the courtyard and shops, it features a gas fireplace, gas stove, gas BBQ hookup, granite countertops, real wood cabinetry, Brazilian slate tile in the kitchen and bathrooms, and 100% wool carpeting in the bedrooms. Complete with high-end stainless steel appliances, 1 parking, and 1 storage locker. Steps to Tsawwassen Town Centre and everyday conveniences. OPEN HOUSE SUNDAY JULY 5TH 2-4PM (id:63159)

Values & Trends

This listing

$583/sqft

Building average

$692/sqft

1 active listing(s)

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

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 Cres122 m
Northbound 56 St @ View Cres South183 m
Northbound 56 St @ 12 Ave199 m
Westbound 12 Ave @ 56 St234 m
Eastbound 12 Ave @ 5500 Block238 m

Nearby Places

Restaurants (5+)

  • Peek A Boo Japanese Bistro · 1297 56 Street42 m
  • Best Garden Restaurant · 1234 56 Street169 m
  • Red Swan Pizza · 1276 56 Street171 m
  • Sushi Gurume · 1350 56 Street171 m
  • Toto Sushi · 1270 56 Street176 m

Cafes (5+)

  • Blenz · 1315 56 Street58 m
  • Cue's N Cushion · 1244 56 Street203 m
  • Tim Hortons · 1211 56 Street223 m
  • Starbucks · 1155 56 Street329 m
  • Wood N Frog Coffee Company · 5694 12 Avenue377 m

Grocery (3)

  • Thrifty Foods · 1207 56 Street150 m
  • Meridian Farm Market · 1202 56 Street260 m
  • Save-On-Foods · 1143 56 Street395 m

Parks (3)

  • Highland Park · 5499 13A Avenue152 m
  • View Crescent Park · 1322 View Crescent226 m
  • Wildwood Park Reserve701 m

Gyms (5+)

  • Satya Yoga · 1359 56 Street126 m
  • Oxygen Yoga & Fitness · 5514 12 Avenue245 m
  • Anytime Fitness · 1212 12 Avenue270 m
  • Balanc Pilates · 5666 12 Avenue355 m
  • T-Town Pilates383 m

Pharmacies (5+)

  • The Medicine Shoppe · 1363 56 Street95 m
  • Shoppers Drug Mart · 1215C 56 Street173 m
  • Pure Integrative Pharmacy · 1240 56 Street210 m
  • Save-On-Foods Pharmacy Counter · 1143 56 Street416 m
  • Tsawwassen Guardian · 1077 56 Street490 m

Banks & ATMs (5+)

  • Envision Financial46 m
  • TD · 1323 56 Street100 m
  • RBC Royal Bank · 1281 56 Street110 m
  • Unnamed163 m
  • Vancity · 1215 56 Street182 m

Nearby places data: © OpenStreetMap contributors.

School district: Delta (SD37)

Other Listings in This Building

Other units currently listed in the same building. 209 1315 56 STREET

View building profile →
Built 2007

Mortgage & Ownership Cost Calculator

Minimum required: 5.4% ($29,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$439,200.00
Periodic payment — Principal & Interest (monthly)$2,833.57
Additional monthly expenses (strata, tax, utilities, etc.)$639.61
Total monthly cost$3,473.18
Interest paid over 5-yr term$125,875.98
Balance at end of term$395,061.82

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$29,900
Stress test qualifying rate8.09%
Payment you must qualify for$3,991.70

Cash Needed at Closing

Minimum down payment$29,900
Estimated BC PTT$8,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$40,380

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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