Property Type: Condo / ApartmentOwnership: Strata

315 2431 RABBIT DRIVE

Tsawwassen, BC V4M0G6

$718,165

2 bed2 bath2 parking1,011 sqftBuilt 2024
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Amenities

Gym

Also listed: Recreation Centre, Laundry - In Suite

Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$753/mo
Annual property tax
$0 (2025)

Interior

Heating
Baseboard heaters, Electric
Fireplace
None

Exterior & Lot

View
View
Waterfront
Waterfront

Parking

Total spaces
2 — uncovered indicated
Features
Underground, Visitor Parking

Restrictions & Policies

Pets
Allowed
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®
R3124203
Listed
May 15, 2026
Time on market
On the market for 108 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Rennie & Associates Realty Ltd. · Data source: CREA DDF.

Description

Relax into resort-inspired living in this stunning 2-bedroom corner home at Salt & Meadow by Aquilini. Bathed in natural light, this beautifully designed residence offers a bright and airy atmosphere throughout. The spacious primary bedroom is a true retreat and complete with a spa-like ensuite for ultimate comfort. Thoughtfully designed with separated bedrooms for enhanced privacy, the open-concept living and dining area is ideal for both relaxed everyday living and effortless entertaining. Step onto your expansive covered patio and enjoy peaceful morning and evening sun in your own private outdoor escape. Residents enjoy exclusive access to the Beach House Amenity including outdoor pool, jacuzzi, gym, BBQs, yoga and more. Photos are representational only (id:63159)

Values & Trends

This listing

$710/sqft

Building average

No other active listings in this building

Tsawwassen average

$740/sqft

43 active listing(s)

Parking: 2 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

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

SchoolTypeDistance
Cliff Drive ElementaryElementary2.9 km
Southpointe Academy(Independent)K-123.1 km
du Bois-joliElementary3.6 km
Beach Grove ElementaryElementary3.8 km
Sacred Heart(Independent)Elementary3.8 km
Port Guichon ElementaryElementary4.1 km
South Delta SecondarySecondary4.2 km
Ladner ElementaryElementary4.2 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
Westbound Wolf Way @ Wren Dr156 m
Eastbound Wolf Way @ Wren Dr250 m
Northbound Tsawwassen Dr N @ Falcon Way376 m
Southbound Tsawwassen Dr N @ Falcon Way417 m
Southbound Dragonfly Dr @ Cormorant Dr627 m

Nearby Places

Parks (4)

  • Boardwalk Salmon Park155 m
  • Tsawwassen First Nation Sport Field Complex298 m
  • Unnamed435 m
  • Unnamed458 m

Nearby places data: © OpenStreetMap contributors.

School district: Delta (SD37)

Mortgage & Ownership Cost Calculator

Minimum required: 6.5% ($46,817) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$574,532.00
Periodic payment — Principal & Interest (monthly)$3,706.69
Additional monthly expenses (strata, tax, utilities, etc.)$804.00
Total monthly cost$4,510.69
Interest paid over 5-yr term$164,662.52
Balance at end of term$516,793.39

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$46,817
Stress test qualifying rate8.09%
Payment you must qualify for$5,162.43

Cash Needed at Closing

Minimum down payment$46,817
Estimated BC PTT$12,363
Legal / closing costs (typical estimate)$1,500
Total cash needed$60,680

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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