Land Value only, 13.7% price reduction, 15.84% cheaper than comparables

1360 53a St, Delta, BC

$2,580,000
Est. Mortgage /mo

MLS® R3015778

4 Beds
3 Baths
2086 sqft
1237 $ /sqft
1966 built
$2,580,000
$2,988,000
Est. /mo with 20% down
$1,237/sqft · Tax $4,765/2024
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now

Property Details & Specs

Land Value only 13.7% price reduction 15.84% cheaper than comparables

Land assembly project in Central Tswassen, walking distance to downtown business district. 2024 Updated OCP: Mixed Residential (MR), potential for Townhouse, local stores, cafes, commercial childcare and etc. 4 adjacent lots together for a total of 66,738' with a back lane as well (Potential to combine 10 and more lots together to develop 32 townhomes or more). Currently very limited options for freehold townhouse locally for buyers, great potential for new families from the expansion of the top ranking South Pointe Private school, and Tswassen Mills shopping mall. Land value only, plz do not disturb owners. Call now to inquiry more opportunities, no private showings.

General Info

Price $2,580,000
Total Bedrooms 4
Total Bathrooms 3
Half Bathrooms 0
Floor Area Total (sqft) 2086
Lot Size 16921
Lot Size Depth Feet
Lot Size Frontage 0
Basement None
Basement Features -

Property Metrics

Year Built 1966
Age Of Building 59
Building Type Single Family Residence
Property Type Residential
Architecture Style Split Entry
Stories 2
Building Features -
Structures Residential Detached

Additional Details

MLS® # R3015778
Building Name -
Area Tsawwassen
Neighbourhood Cliff Drive
City Delta
Postal Code V4M 3E6
Price per Sqft $1,237
Gross Taxes $4,765.06
Ownership Type Freehold NonStrata
Maintenance Fee -
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Forced Air

Utilities

Utility Type Electricity Connected, Water Connected
Utility Sewer Community, Sanitary Sewer
Water (WaterSource) Public

Parking

Parking Type Garage Double
Total Parking Spaces 6
Listed by: RE/MAX Crest Realty

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Neighborhood & Transit Info

Public Schools

Elementary
Cliff Drive Elementary School
0.81 km
Secondary
South Delta Secondary School
1.26 km
Elementary
Cliff Drive Elementary School
Average
0.81 km
5.8/10

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary, Secondary
Southpointe Academy
1.2 km
Elementary, Secondary
Southpointe Academy
1.2 km

Closest Transit

Bus Stop
Westbound 12 Ave @ 53A St
0.3 km
Skytrain
Skytrain @ Brighouse Stn
16.21 km

Crime Rate

Total Crime Rate
Below Average
Violent Crime Rate
Low
Property Crime Rate
Below Average

Demographics

Post-Secondary Education
Below Average
26.1%
No Certificate/Degree
Below Average
10.2%
Owner Occupied
Below Average
55%
Employment Rate
Below Average
48.2%

Noise/ Power Lines

Road/Hwy Noise
Unlikely
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Possible

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Local Info

Estimated Mortgage Calculator

/month
Principal & Interest
Property Taxes $397
Maintenance fee 0
A 20% down payment of $516,000 on this $2,580,000 listing yields an estimated mortgage of $9,854/month (30-year fixed, 4%). Total estimated housing cost: $10,251/month, $397 property tax.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Estimated Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
With $6,377/month in estimated rental income against $10,466/month in mortgage payments, the monthly cashflow is -$4,089/month. A 54% down payment would reach break-even.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Home Price Evaluation Chart

Beds Home Types Square Feet Lot Size Year Built
This Home $2,580,000
Delta Loading...
Cliff Drive Loading...
This $2,580,000 listing sits 43.9% above the Cliff Drive average of $1,792,667 for similar 4-bedroom Single Family Residences (3 active comparables). This property is flagged as a Hot Deal (Land Value only, 13.7% price reduction, 15.84% cheaper than comparables) based on its competitive pricing and market demand.
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Property FAQs

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Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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