7707 118 STREET
Delta, BC V4C6G9
$1,399,000
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 10,956 square feet
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $5,473.61 (2025)
Interior
- Basement
- None, Unknown
- Heating
- Natural gas
- Fireplace
- None
Parking
- Total spaces
- 4 — covered indicated
- Features
- Garage
Listing Information
- MLS®
- R3150053
- Listed
- July 27, 2026
- Time on market
- On the market for 35 days
- Tax assessment year
- 2025
- Data last synced
- August 28, 2026
Listing provided by: Sutton Group-West Coast Realty · Data source: CREA DDF.
Description
Extra-large 10,956 sq ft. lot with 65 feet of frontage, offering exceptional land value and outstanding multi-unit redevelopment potential. Currently rented to a long-term tenant, the property provides immediate rental income while you plan your future development. Located in a highly desirable area, this is an excellent opportunity for builders, investors, or developers looking to construct new duplexes or explore other redevelopment possibilities (subject to municipal approvals). A rare investment opportunity in a prime location with strong future upside. (id:63159)
Values & Trends
This listing
$1,766/sqft
Building average
—
No other active listings in this building
Delta average
$728/sqft
371 active listing(s)
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.
Source: Fraser Valley Real Estate Board (FVREB).
Location Insights
Weather
Nearest station: Richmond
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
37
8/9 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
| School | Type | Distance |
|---|---|---|
| Jarvis Traditional Elementary | Elementary | 161 m |
| Westerman Elementary | Elementary | 867 m |
| McCloskey Elementary | Elementary | 883 m |
| Chalmers Elementary | Elementary | 1.0 km |
| Burnsview Secondary | Secondary | 1.1 km |
| Strawberry Hill Elementary | Elementary | 1.2 km |
| North Delta Secondary | Secondary | 1.3 km |
| Heath Elementary | Elementary | 1.5 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
| Stop | Type | Distance |
|---|---|---|
| Northbound 116 St @ 76A Ave | — | 398 m |
| Southbound 116 St @ 77A Ave | — | 405 m |
| Southbound Scott Rd @ 76A Ave | — | 408 m |
| Northbound 116 St @ 77A Ave | — | 419 m |
| Northbound Scott Rd @ 76A Ave | — | 430 m |
Nearby Places
Restaurants (5+)
- Cactus Club Cafe · 7907 Scott Road548 m
- Apna Chaat House · 7500 Scott Road659 m
- The Keg · 7948 Scott Road660 m
- Krishna's Dosa Palace · 7500 120 Street-Scott Road665 m
- Apna Chaat House · 7500 Scott Road688 m
Cafes (1)
- Kumare781 m
Grocery (2)
- FreshCo729 m
- Day Today791 m
Parks (2)
- Gunderson Park171 m
- Parkwood Place Mini-Park737 m
Shopping (1)
- Canadian Tire600 m
Gyms (1)
- Anytime Fitness · 7337 Scott Road791 m
Pharmacies (3)
- Shoppers Drug Mart · 7538 Scott Road616 m
- Wellcare Rx Pharmacy · 7445 Scott Road646 m
- Mark's Pharmacy753 m
Banks & ATMs (3)
- Canadian Western Bank · 1-7548 Scott Road567 m
- RBC693 m
- Bitcoin ATM Coinsite · 8047 120 Street766 m
Nearby places data: © OpenStreetMap contributors.
School district: Delta (SD37)
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Mortgage & Ownership Cost Calculator
Minimum required: 8.2% ($114,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.