Property Type: DuplexOwnership: Strata

4306A CORMORANT WAY

Tsawwassen, BC V4M0E6

$899,000

3 bed3 bath4 parking1,691 sqftBuilt 2022
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Amenities

Gym

Also listed: Recreation Centre, Laundry - In Suite

Property Details

Property & Lot

Sub-type
Duplex

Ownership & Fees

Property type
Duplex
Ownership
Strata
Strata / maintenance fee
$590/mo
Annual property tax
$4,245 (2025)

Interior

Heating
Natural gas

Parking

Total spaces
4 — covered indicated
Features
Garage

Restrictions & Policies

Pets
Allowed with restrictions
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®
R3130216
Listed
June 1, 2026
Time on market
On the market for 91 days
Tax assessment year
2025
Data last synced
August 28, 2026

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

Description

WEST COAST STYLE DUPLEX FOR UNDER $1M! Welcome to Boardwalk 3 in Tsawwassen, a stylish duplex offering modern coastal living in a premier waterfront community. This home makes a grand impression with dramatic 15ft living room ceilings that maximize natural light, plus the convenience of a side-by-side garage equipped with an EV charger. Enjoy exclusive access to the world-class Beach House, a 22,000 sq. ft. resort-style clubhouse featuring an outdoor pool, fitness center, and social lounges. Ideally located just minutes from scenic beaches and Tsawwassen Mills, with seamless access to major highways and the BC Ferries, this is a rare opportunity to secure a high-tech, luxury lifestyle at an unbeatable price point. (id:63159)

Values & Trends

This listing

$532/sqft

Building average

No other active listings in this building

Tsawwassen average

$527/sqft

5 active listing(s)

Parking: 4 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-123.0 km
Sacred Heart(Independent)Elementary3.6 km
du Bois-joliElementary3.6 km
Beach Grove ElementaryElementary3.6 km
Port Guichon ElementaryElementary4.0 km
Ladner ElementaryElementary4.0 km
South Delta SecondarySecondary4.1 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
Eastbound Wolf Way @ Wren Dr78 m
Westbound Wolf Way @ Wren Dr109 m
Northbound Tsawwassen Dr N @ Falcon Way400 m
Southbound Dragonfly Dr @ Cormorant Dr412 m
Northbound Dragonfly Dr @ Cormorant Dr429 m

Nearby Places

Parks (5+)

  • Boardwalk Salmon Park108 m
  • Unnamed203 m
  • Tsawwassen First Nation Sport Field Complex223 m
  • Unnamed320 m
  • Unnamed625 m

Nearby places data: © OpenStreetMap contributors.

School district: Delta (SD37)

Mortgage & Ownership Cost Calculator

Minimum required: 7.2% ($64,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$719,200.00
Periodic payment — Principal & Interest (monthly)$4,640.03
Additional monthly expenses (strata, tax, utilities, etc.)$1,028.55
Total monthly cost$5,668.58
Interest paid over 5-yr term$206,124.79
Balance at end of term$646,922.73

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$64,900
Stress test qualifying rate8.09%
Payment you must qualify for$6,413.94

Cash Needed at Closing

Minimum down payment$64,900
Estimated BC PTT$15,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$82,380

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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