262 55 STREET
Delta, BC V4M3J5
$1,800,000
Property Details
Property & Lot
- Lot size
- 11,517 square feet
- Frontage
- 58 feet
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $5,794.64 (2026)
Interior
- Fireplace
- None
Exterior & Lot
- View
- View
Listing Information
- MLS®
- R3148665
- Listed
- July 21, 2026
- Time on market
- On the market for 41 days
- Tax assessment year
- 2026
- Data last synced
- August 28, 2026
Listing provided by: RE/MAX Westcoast · Data source: CREA DDF.
Description
STUNNING VIEW lot overlooking the ocean, Boundary Bay and mountains. A rare opportunity to build your exceptional custom luxury home on this private 11,517 sq.ft. lot (0.26 acre). RS5 view lot in prestigious Pebble Hill. Design a custom home of over 4,200 sq.ft. plus basement, legal suite and accessory dwelling (subject to City of Delta approval). Enjoy breathtaking panoramic views of the Pacific Ocean, Boundary Bay, the North Shore Mountains and spectacular sunsets. Located just steps from Diefenbaker Park, excellent schools, beaches and all the lifestyle amenities that make Tsawwassen one of the Lower Mainland's most desirable communities. VIEWS year round! (Some photos digitally staged) (id:63159)
Values & Trends
This listing
—
Building average
—
No other active listings in this building
Delta average
$1,234/sqft
1 active listing(s)
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
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
11
1/9 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
| School | Type | Distance |
|---|---|---|
| Pebble Hill Traditional Elementary | Elementary | 380 m |
| South Park Elementary | Elementary | 1.0 km |
| South Delta Secondary | Secondary | 1.1 km |
| English Bluff Elementary | Elementary | 1.3 km |
| du Bois-joli | Elementary | 1.7 km |
| Cliff Drive Elementary | Elementary | 2.3 km |
| Beach Grove Elementary | Elementary | 3.3 km |
| Southpointe Academy(Independent) | K-12 | 3.4 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
| Stop | Type | Distance |
|---|---|---|
| Southbound 56 St @ Morningside Dr | — | 190 m |
| Southbound 54 St @ 2nd Ave | — | 206 m |
| Northbound 56 St @ 100 Block | — | 232 m |
| Eastbound 1st Ave @ Diefenbaker Wynd | — | 290 m |
| Westbound 1st Ave @ 56 St | — | 302 m |
Nearby Places
Parks (1)
- Diefenbaker Park · 5579 1 Avenue102 m
Nearby places data: © OpenStreetMap contributors.
School district: Delta (SD37)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($360,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.