Property Type: Detached HouseOwnership: Freehold

4965 8A AVENUE

Delta, BC V4M1T2

$1,699,000

4 bed2 bath4 parking2,196 sqftBuilt 1958
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Property Details

Property & Lot

Sub-type
House
Lot size
12,702 square feet
Frontage
88 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,279.04 (2025)

Interior

Heating
Forced air
Fireplace
Yes (1)

Parking

Total spaces
4 — covered indicated
Features
Carport

Listing Information

MLS®
R3136549
Listed
June 16, 2026
Time on market
On the market for 76 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Royal LePage Regency Realty · Data source: CREA DDF.

Description

This prime 25,372 SF land assembly comprises two contiguous lots at 855 Bayview Drive and 4965 8A Avenue, situated in one of Tsawwassen's most established and sought-after neighbourhoods. Already designated under the new Official Community Plan Small Scale Residential (SSR) zoning, the site supports duplex plus garden suite development without the uncertainty of a rezoning application. An ideal canvas for builders and developers looking to deliver a boutique collection of duplex/fourplex residences in Tsawwassen. The two lots offer approximately 188 ft of frontage on 8A Avenue and approximately 137 ft of frontage on Bayview Drive. Two existing homes are in place generating holding income while you plan. Additional upside exists with the potential to incorporate an adjacent 8,989SF lot. (id:63159)

Values & Trends

This listing

$774/sqft

Building average

No other active listings in this building

Delta average

$731/sqft

371 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.

Detached (House) Market Stats — Delta

Monthly figures from the Fraser Valley Real Estate Board for Delta detached (house)listings — not specific to this property.

MLS® HPI Benchmark Price

Data unavailable

Average Sale Price

$1,540,000

Jun 2025

Monthly Sales

0

Jul 2026

Active Listings

1

Jul 2026

Sales-to-Active Ratio

100.0%

Feb 2024

Median Days to Contract

27 days

Jun 2025

Average Sale Price

Data available for 5 of 60 months shown — gaps in the line are months FVREB has no reported value for, not zero.

$2,380,000
$1,501,000
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

4

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
du Bois-joliElementary246 m
South Delta SecondarySecondary832 m
Cliff Drive ElementaryElementary840 m
English Bluff ElementaryElementary843 m
South Park ElementaryElementary1.1 km
Pebble Hill Traditional ElementaryElementary1.4 km
Southpointe Academy(Independent)K-122.5 km
Beach Grove 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
Northbound English Bluff Rd @ Gale Dr341 m
Southbound English Bluff Rd @ Wesley Dr346 m
Northbound English Bluff Rd @ 7A Ave420 m
Southbound English Bluff Rd @ Glenwood Dr483 m
Southbound 52 St @ 8A Ave488 m

Nearby Places

Parks (2)

  • Village Park · 4700 Wesley Drive550 m
  • Dennison Park · 5285 7A Avenue607 m

Nearby places data: © OpenStreetMap contributors.

School district: Delta (SD37)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($339,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,359,200.00
Periodic payment — Principal & Interest (monthly)$8,769.10
Additional monthly expenses (strata, tax, utilities, etc.)$549.92
Total monthly cost$9,319.02
Interest paid over 5-yr term$389,550.63
Balance at end of term$1,222,604.80

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$339,800
Stress test qualifying rate8.09%
Payment you must qualify for$10,451.77

Cash Needed at Closing

Minimum down payment$339,800
Estimated BC PTT$31,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$373,280

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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