Property Type: Condo / ApartmentOwnership: Strata

301 5553 16 AVENUE

Delta, BC V4M2H7

$419,900

1 bed1 bath1 parking759 sqftBuilt 1971
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Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$396/mo
Annual property tax
$1,767.57 (2025)

Interior

Heating
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®
R3117595
Listed
April 30, 2026
Time on market
On the market for 124 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Real Broker · Data source: CREA DDF.

Description

Vaulted ceilings, incredible updates, top floor, corner unit, welcome to this absolute one of a kind property in central Tsawwassen! This incredible 759 Sq. Ft. One Bedroom, One Bathroom condo has been completely transformed - engineered hardwood floors in the main living space, heated tile in both the bathroom and kitchen, beautifully updated bathroom, and new windows. This is where function meets design, the updated kitchen is nestled beside a dining room that leads into your living space where south facing natural light beams in through the vaulted ceilings and your enclosed balcony. The wood finished vaulted ceilings continue into your bedroom, creating a true feeling of space and comfort. If you're looking for something special, the search is over. 1 Parking & Storage Included (id:63159)

Values & Trends

This listing

$553/sqft

Building average

$453/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

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

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

52

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-12585 m
Beach Grove ElementaryElementary935 m
Cliff Drive ElementaryElementary1.3 km
South Park ElementaryElementary1.8 km
South Delta SecondarySecondary1.8 km
du Bois-joliElementary2.2 km
English Bluff ElementaryElementary2.7 km
Pebble Hill Traditional ElementaryElementary2.8 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 @ 16 Ave109 m
Northbound 56 St @ 16 Ave118 m
Eastbound 16 Ave @ 56 St144 m
Northbound 56 St @ View Cres North268 m
Westbound 16 Ave @ 57 St276 m

Nearby Places

Restaurants (5+)

  • Pho Fresh · 5571 16 Avenue43 m
  • Browns Socialhouse111 m
  • Pizza Hut · 1559 56 Street136 m
  • Sushi Gurume · 1350 56 Street560 m
  • Peek A Boo Japanese Bistro · 1297 56 Street651 m

Cafes (5+)

  • Ice Chip Lounge · 1720 56 Street471 m
  • L'aromas Coffee & Bakehouse · 1835 56 Street496 m
  • Blenz · 1315 56 Street620 m
  • Cue's N Cushion · 1244 56 Street748 m
  • Nat's Coffee House · 5188 Springs Boulevard756 m

Grocery (2)

  • Thrifty Foods · 1207 56 Street760 m
  • Newman's Fine Foods · 5188 Springs Boulevard769 m

Parks (5+)

  • Wildwood Park Reserve210 m
  • Candlewyck Park · 5450 18 Avenue348 m
  • Imperial Village Park451 m
  • Grauer Park490 m
  • Highland Park · 5499 13A Avenue500 m

Gyms (4)

  • Yoga Union · 1835 56 Street465 m
  • Living Fit · 1835 56 Street527 m
  • Satya Yoga · 1359 56 Street544 m
  • Anytime Fitness · 1212 12 Avenue795 m

Pharmacies (3)

  • The Medicine Shoppe · 1363 56 Street519 m
  • Pure Integrative Pharmacy · 1240 56 Street759 m
  • Shoppers Drug Mart · 1215C 56 Street771 m

Banks & ATMs (5+)

  • Unnamed93 m
  • Unnamed114 m
  • TD · 1323 56 Street604 m
  • Envision Financial640 m
  • RBC Royal Bank · 1281 56 Street708 m

Nearby places data: © OpenStreetMap contributors.

School district: Delta (SD37)

Other Listings in This Building

Other units currently listed in the same building. 301 5553 16 AVENUE

View building profile →
Built 1971

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($20,995) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$335,920.00
Periodic payment — Principal & Interest (monthly)$2,167.24
Additional monthly expenses (strata, tax, utilities, etc.)$581.04
Total monthly cost$2,748.28
Interest paid over 5-yr term$96,275.64
Balance at end of term$302,161.13

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$20,995
Stress test qualifying rate8.09%
Payment you must qualify for$3,067.44

Cash Needed at Closing

Minimum down payment$20,995
Estimated BC PTT$6,398
Legal / closing costs (typical estimate)$1,500
Total cash needed$28,893

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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