Property Type: Condo / ApartmentOwnership: Strata

320 1120 TSATSU SHORES DRIVE

Tsawwassen, BC V4M4G3

$649,900

2 bed2 bath1 parking1,305 sqftBuilt 1996
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Amenities

Also listed: Recreation Centre

Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$691/mo
Annual property tax
$3,308.24 (2024)

Interior

Heating
Baseboard heaters
Fireplace
None

Exterior & Lot

View
View

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®
R3138154
Listed
June 21, 2026
Time on market
On the market for 72 days
Tax assessment year
2024
Data last synced
August 28, 2026

Listing provided by: RE/MAX City Realty · Data source: CREA DDF.

Description

Experience the ultimate waterfront lifestyle at Tsatsu Shores! Overlooking a serene lagoon & surrounded by natural wildlife, this beautifully updated 1,305 sqft 2-storey residence offers the peaceful & tranquil setting you deserve and is just a short drive to countless amenities. Loft-style design feels like a house easing the transition into condo living. Highlights incl 2 large bedrooms, 2 renovated bathrooms, spectacular views of the North Shore Mountains from an oversized 241 sqft balcony, soaring vaulted ceilings, gas fireplace & a tastefully updated kitchen w/Miele & LG stainless appliances & quartz counters. Enjoy direct beach access just steps from the building making morning walks along the shore part of your daily routine. Access to fitness room, 1 parking space & storage locker incl. (id:63159)

Values & Trends

This listing

$498/sqft

Building average

$839/sqft

1 active listing(s)

Tsawwassen average

$745/sqft

43 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.

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

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

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)

Other Listings in This Building

Other units currently listed in the same building. 320 1120 TSATSU SHORES DRIVE

View building profile →
Built 1996

Mortgage & Ownership Cost Calculator

Minimum required: 6.2% ($39,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$519,920.00
Periodic payment — Principal & Interest (monthly)$3,354.35
Additional monthly expenses (strata, tax, utilities, etc.)$1,031.38
Total monthly cost$4,385.72
Interest paid over 5-yr term$149,010.57
Balance at end of term$467,669.72

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$39,990
Stress test qualifying rate8.09%
Payment you must qualify for$4,689.99

Cash Needed at Closing

Minimum down payment$39,990
Estimated BC PTT$10,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$52,488

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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