Property Type: Detached HouseOwnership: Freehold

8824 116 STREET

Delta, BC V4C5W5

$1,100,000

5 bed3 bath4 parking2,298 sqftBuilt 1969
Get Directions

Amenities

Also listed: Storage - Locker, Laundry - In Suite

Property Details

Property & Lot

Sub-type
House
Lot size
6,840 square feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,476.24 (2024)

Interior

Basement
Finished, Full
Heating
Forced air, Natural gas
Fireplace
Yes (1)

Parking

Total spaces
4 — covered indicated
Features
Carport, RV

Listing Information

MLS®
R3133583
Listed
June 8, 2026
Time on market
On the market for 84 days
Tax assessment year
2024
Data last synced
August 28, 2026

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

Description

Charming North Delta Investment Gem with Dual Rental Income Potential! Big lot 6800sf! with 2.5 bathroom. Welcome to this beautifully maintained detached home nestled in the heart of North Delta - a prime location with easy access to Vancouver and Langley, making commuting a breeze. Why You'll Love It: All rooms are generously sized, especially the sunlit living area. Functional layout perfect for families or multi-generational living. Quiet, family-friendly neighborhood with nearby schools, parks, and amenities, clean home. Whether you're a savvy investor seeking strong cash flow or a first-time buyer dreaming of homeownership with built-in income, this property checks all the boxes. "The property contains unauthorized accommodation". Mortgage Helper. (id:63159)

Values & Trends

This listing

$479/sqft

Building average

No other active listings in this building

Delta average

$732/sqft

371 active listing(s)

Parking: 4 stall(s) includedStorage locker: Included

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

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

22

5/9 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
Hellings ElementaryElementary229 m
Richardson ElementaryElementary650 m
North Delta SecondarySecondary726 m
Gibson ElementaryElementary860 m
Immaculate Conception School(Independent)Elementary913 m
Delview SecondarySecondary994 m
Devon Gardens ElementaryElementary1.0 km
McCloskey ElementaryElementary1.1 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
Southbound 116 St @ 86 Ave42 m
Northbound 116 St @ 86 Ave62 m
Southbound 116 St @ 87 Ave199 m
Eastbound Nordel Way @ 116 St250 m
Westbound Nordel Way @ 116 St268 m

Nearby Places

Restaurants (1)

  • Viti Curry Restaurant762 m

Cafes (1)

  • Tim Hortons · 8380 112 Street787 m

Parks (5+)

  • Hellings Park420 m
  • North Delta Community Park480 m
  • Kennedy Park533 m
  • Emwood Place Park Reserve711 m
  • Unnamed732 m

Gyms (1)

  • Anytime Fitness750 m

Pharmacies (1)

  • Bains Pharmacy757 m

Nearby places data: © OpenStreetMap contributors.

School district: Delta (SD37)

Mortgage & Ownership Cost Calculator

Minimum required: 7.7% ($85,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$880,000.00
Periodic payment — Principal & Interest (monthly)$5,677.46
Additional monthly expenses (strata, tax, utilities, etc.)$488.02
Total monthly cost$6,165.48
Interest paid over 5-yr term$252,210.53
Balance at end of term$791,562.85

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$85,000
Stress test qualifying rate8.09%
Payment you must qualify for$7,804.99

Cash Needed at Closing

Minimum down payment$85,000
Estimated BC PTT$20,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$106,500

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.

Request more information