Property Type: TownhouseOwnership: Strata

87 5550 ADMIRAL WAY

Delta, BC V4K0C4

$950,000

4 bed3 bath2 parking1,602 sqftBuilt 2017
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Amenities

Gym

Also listed: Recreation Centre, Laundry - In Suite

Property Details

Property & Lot

Sub-type
Row / Townhouse

Ownership & Fees

Property type
Townhouse
Ownership
Strata
Strata / maintenance fee
$391/mo
Annual property tax
$4,079.22 (2026)

Interior

Heating
Baseboard heaters, Electric
Fireplace
None

Exterior & Lot

Pool
Outdoor pool

Parking

Total spaces
2 — 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®
R3139365
Listed
June 24, 2026
Time on market
On the market for 68 days
Tax assessment year
2026
Data last synced
August 28, 2026

Listing provided by: Oakwyn Realty Ltd. · Data source: CREA DDF.

Description

Rarely available corner home at Fairwinds by Polygon! This bright and spacious 4 bed, 2.5 bath home boasts extra windows flooding the open-concept main floor with natural light, overheight 9ft ceilings and chef-inspired kitchen with quartz counters, stainless steel appliances, large island, and plenty of storage. Upstairs, unwind in the luxurious primary suite with a spa-like ensuite. Double side-by-side garage with EV charging. Enjoy exclusive access to the 12,000 square ft Hampton Club with pool, hot tub, gym, lounge, and games room. Steps to Neilson Grove Elementary, marina, golf, trails, and more! (id:63159)

Values & Trends

This listing

$593/sqft

Building average

$593/sqft

3 active listing(s)

Delta average

$559/sqft

71 active listing(s)

Parking: 2 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.

Townhouse Market Stats — Delta

Monthly figures from the Fraser Valley Real Estate Board for Delta townhouselistings — not specific to this property.

MLS® HPI Benchmark Price

Data unavailable

Average Sale Price

$1,129,000

Feb 2025

Monthly Sales

0

Jul 2026

Active Listings

0

Jul 2026

Sales-to-Active Ratio

33.0%

Feb 2025

Median Days to Contract

45 days

Feb 2025

Average Sale Price

Data available for 3 of 60 months shown — gaps in the line are months FVREB has no reported value for, not zero.

$1,129,000
$1,100,000
Aug '21Aug '22Aug '23Aug '24Aug '25Jul '26

Source: Fraser Valley Real Estate Board (FVREB).

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

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

15

3/9 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
Neilson Grove ElementaryElementary766 m
Hawthorne ElementaryElementary1.8 km
Delta Christian School(Independent)Elementary2.6 km
Holly ElementaryElementary3.0 km
Delta SecondarySecondary3.1 km
Richmond Christian School(Independent)K-123.3 km
Daniel Woodward ElementaryElementary3.5 km
Ladner ElementaryElementary3.6 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 Admiral Blvd @ Cove Inlet Rd296 m
Southbound Admiral Blvd @ Cove Inlet Rd316 m
Northbound Admiral Blvd @ Cove Reach Rd423 m
Eastbound Admiral Way @ 5300 Block464 m
Southbound Admiral Blvd @ Cove Link Rd523 m

Nearby Places

Restaurants (1)

  • RiverHouse Restaurant & Pub · 6255 River Road622 m

Cafes (1)

  • The Links Cafe · 6000 Admiral Boulevard258 m

Parks (1)

  • Windjammer Park793 m

Nearby places data: © OpenStreetMap contributors.

School district: Delta (SD37)

Mortgage & Ownership Cost Calculator

Minimum required: 7.4% ($70,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$760,000.00
Periodic payment — Principal & Interest (monthly)$4,903.26
Additional monthly expenses (strata, tax, utilities, etc.)$810.76
Total monthly cost$5,714.02
Interest paid over 5-yr term$217,818.18
Balance at end of term$683,622.46

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$70,000
Stress test qualifying rate8.09%
Payment you must qualify for$6,766.89

Cash Needed at Closing

Minimum down payment$70,000
Estimated BC PTT$17,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$88,500

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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