Property Type: Condo / ApartmentOwnership: Strata

318 1120 TSATSU SHORES DRIVE

Delta, BC V4M4G3

$449,000

1 bed1 bath1 parking676 sqftBuilt 1996
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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
$354/mo
Annual property tax
$1,875.24 (2024)

Interior

Heating
Baseboard heaters, Electric
Fireplace
None

Exterior & Lot

View
View

Parking

Total spaces
1 — uncovered indicated
Features
Underground, Visitor Parking

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®
R3135501
Listed
June 12, 2026
Time on market
On the market for 80 days
Tax assessment year
2024
Data last synced
August 28, 2026

Listing provided by: Sutton Group Seafair Realty · Data source: CREA DDF.

Description

Rare opportunity to own a beautifully maintained 1-bedroom, 1-bathroom Top-floor corner/end home in the highly desirable waterfront community of Tsatsu Shores. This bright and inviting residence features a cozy gas fireplace and a spacious 228 sq. ft. covered patio surrounded by mature greenery and stunning North Shore mountain views. Enjoy the tranquility of Tsawwassen's only direct Oceanfront strata while being just minutes from Tsawwassen Mills, golf courses, local markets, BC Ferries, and only 45 minutes from downtown Vancouver. Perfect for downsizers, first-time buyers, or investors. Pet and rental friendly. Includes 1 parking stall and 1 storage locker. Embrace the best of West Coast Waterfront living. (id:63159)

Values & Trends

This listing

$664/sqft

Building average

$650/sqft

2 active listing(s)

Delta average

$619/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

11

1/9 categories nearby

Transit

13

2 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
du Bois-joliElementary1.2 km
Cliff Drive ElementaryElementary1.3 km
English Bluff ElementaryElementary1.8 km
South Delta SecondarySecondary2.1 km
South Park ElementaryElementary2.3 km
Pebble Hill Traditional ElementaryElementary2.6 km
Southpointe Academy(Independent)K-123.0 km
Beach Grove ElementaryElementary3.5 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 Hwy 17 @ Tsawwassen Dr641 m
Northbound Hwy 17 @ Tsawwassen Dr784 m

Nearby Places

Parks (2)

  • sməqʷəʔelə həw̓aləm̓ew̓txʷ140 m
  • Village Park · 4700 Wesley Drive745 m

Nearby places data: © OpenStreetMap contributors.

School district: Delta (SD37)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($22,450) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$359,200.00
Periodic payment — Principal & Interest (monthly)$2,317.44
Additional monthly expenses (strata, tax, utilities, etc.)$544.44
Total monthly cost$2,861.88
Interest paid over 5-yr term$102,947.75
Balance at end of term$323,101.56

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$22,450
Stress test qualifying rate8.09%
Payment you must qualify for$3,280.02

Cash Needed at Closing

Minimum down payment$22,450
Estimated BC PTT$6,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$30,930

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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