Property Type: Detached HouseOwnership: Freehold

7427 115 STREET

Delta, BC V4C5M6

$1,200,000

4 bed2 bath1 parking1,805 sqftBuilt 1972
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Property Details

Property & Lot

Sub-type
House
Lot size
6,600 square feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,051.87 (2025)

Interior

Basement
Finished, Full
Heating
Forced air, Natural gas
Fireplace
None

Parking

Total spaces
1 — covered indicated
Features
Carport

Listing Information

MLS®
R3129112
Listed
May 28, 2026
Time on market
On the market for 95 days
Tax assessment year
2025
Data last synced
August 28, 2026

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

Description

Great opportunity in North Delta on a 6,600 SF rectangular lot with 66' frontage and RM1 zoning. This approximately 1,800 SF home features 4 bedrooms and 2 bathrooms, including a 1-bedroom suite offering added flexibility. The property is currently tenanted and provides a functional layout with generous living space. Situated in a well-established neighborhood close to schools, parks, shopping, transit, and major commuter routes. A solid opportunity for investors, builders, or buyers seeking a property in a desirable location with long-term value and strong neighborhood appeal. (id:63159)

Values & Trends

This listing

$665/sqft

Building average

No other active listings in this building

Delta average

$731/sqft

371 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.

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

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
Chalmers ElementaryElementary418 m
Burnsview SecondarySecondary588 m
Heath ElementaryElementary661 m
Jarvis Traditional ElementaryElementary935 m
McCloskey ElementaryElementary1.3 km
Seaquam SecondarySecondary1.3 km
Cougar Canyon ElementaryElementary1.3 km
Westerman ElementaryElementary1.5 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 116 St @ 75A Ave275 m
Northbound 116 St @ 73A Ave284 m
Southbound 116 St @ 73A Ave346 m
Northbound 116 St @ 75A Ave352 m
Northbound 116 St @ 72A Ave418 m

Nearby Places

Parks (3)

  • Parkwood Place Mini-Park147 m
  • Chalmers Park · 11400 76A Avenue532 m
  • Gunderson Park662 m

Nearby places data: © OpenStreetMap contributors.

School district: Delta (SD37)

Mortgage & Ownership Cost Calculator

Minimum required: 7.9% ($95,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$960,000.00
Periodic payment — Principal & Interest (monthly)$6,193.59
Additional monthly expenses (strata, tax, utilities, etc.)$510.99
Total monthly cost$6,704.58
Interest paid over 5-yr term$275,138.76
Balance at end of term$863,523.10

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$95,000
Stress test qualifying rate8.09%
Payment you must qualify for$8,497.06

Cash Needed at Closing

Minimum down payment$95,000
Estimated BC PTT$22,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$118,500

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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