318 1120 Tsatsu Shores Dr, Delta BC V4M 4G3 – Condo for Sale – MLS® R3135501

318 1120 Tsatsu Shores Drive, Delta, British Columbia V4M 4G3

154 days on the market
$449,000
Est. monthly cost $2,330/mo
Updated with MLS® -
Tsatsu Shores
1 Beds
1 Baths
676 sqft
664 $ /sqft
364.79 $ Maint. fee
1996 built
10.0% price reduction
154 days on the market
$449,000
$499,000
Est. $2,330/mo with 20% down
Updated with MLS® -

Property Details for 318 1120 Tsatsu Shores Drive

10.0% price reduction

Rare opportunity to own a beautifully maintained 1-bedroom, 1-bathroom Top-floor corner/end home in the highly desirable waterfront community of Tsatsu Shores. This bright and inviting residence features a cozy gas fireplace and a spacious 228 sq. ft. covered patio surrounded by mature greenery and stunning North Shore mountain views. Enjoy the tranquility of Tsawwassen's only direct Oceanfront strata while being just minutes from Tsawwassen Mills, golf courses, local markets, BC Ferries, and only 45 minutes from downtown Vancouver. Perfect for downsizers, first-time buyers, or investors. Pet and rental friendly. Includes 1 parking stall and 1 storage locker. Embrace the best of West Coast Waterfront living.

Building Details

Price $449,000
Total Bedrooms 1
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 676
Year Built 1996
Age Of Building 30
Building Type Apartment/Condo
Unit Style Corner unit
Property Type Residential
Stories 1
Building Amenities Bike Room, Clubhouse, Exercise Centre, Recreation Facilities, Caretaker, Trash, Maintenance Grounds, Heat, Hot Water, Management, Snow Removal
Building Name Tsatsu Shores
Ownership Type Leasehold prepaid-Strata
Maintenance Fee $364.79
Community Features Shopping Nearby
Amenities Nearby Bike Room, Clubhouse, Exercise Centre, Recreation Facilities, Caretaker, Trash, Maintenance Grounds, Heat, Hot Water, Management, Snow Removal
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Additional Parking, Underground, Guest, Side Access, Garage Door Opener
Total Parking Spaces 1
Strata Restrictions Pets Allowed w/Rest.,Rentals Allowed
Pet Restrictions Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Rental Suites None
Units In Development 86

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Interior Features Elevator, Storage
Fireplace 1
Heating Type Baseboard, Electric
Laundry In Unit
# of Kitchens 1
Flooring Mixed, Tile, Vinyl, Carpet
Foundation Concrete Perimeter

Exterior Features

Exterior Features Garden, Balcony
View Description LAGOON, N SHORES MTNS, TREES
Roof Asphalt
Structures Multi Family, Residential Attached

Lot & Land

Lot Size Depth Feet
MLS® # R3135501
Area Tsawwassen
Neighbourhood Tsawwassen North
City Delta
Postal Code V4M 4G3
Gross Taxes $1,875.24
Zoning RES

Property Timeline

Status Date Price
R3135501 / Active 06-11-2026 $449,000
to view full Property History (2 earlier records)
Rooms
Floor Type Dimensions
Main Level Foyer 4'11 x 4'11 ft
Main Level Laundry 8'9 x 8'9 ft
Main Level Kitchen 7'8 x 7'8 ft
Main Level Dining Room 11'6 x 11'6 ft
Main Level Living Room 11'6 x 11'6 ft
Main Level Bedroom 10'2 x 10'2 ft
Main Level Patio 22'3 x 22'3 ft
Bathrooms
Floor Ensuite Pieces
Main Level Yes #4

Listed by: The Agency White Rock

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.

Map, sell speed & climate

SkyTrain 16.21 km · South Delta Secondary School 6.4/10 · 2.05 km · crime below average · sell-speed score 64/100 (moderate pace) · flood lower risk · wildfire low

Map & Neighbourhood

Nearby Restaurants, Cafes & Shops

Transit (1 nearby)

  • Bus stop southbound english bluff rd @ wesley dr · 955 m · Transit

Public Schools

Elementary
Cliff Drive Elementary School
Average 1.22 km 4.6/10
Secondary
South Delta Secondary School
Average 2.05 km 6.4/10

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

Private Schools

Elementary, Secondary
Southpointe Academy
Above Average 2.91 km 9.9/10
Elementary, Secondary
Southpointe Academy
Above Average 2.91 km 9.9/10

Closest Transit

Bus Stop
Southbound Hwy 17 @ Tsawwassen Dr
0.64 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 22%
No Certificate/Degree
Below Average 12.1%
Owner Occupied
Below Average 0%
Employment Rate
Below Average 45.7%

Noise/ Power Lines

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

Other

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

Sell Speed & Competition

64 / 100
Overall sell-speed score
Moderate pace expected
B+
Price competition grade
Avg comparable: $479,000
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 16.21 km from station
Road / Highway noise
Unlikely
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How TSAWWASSEN NORTH compares
This property
154 DOM
Listed

318 1120 Tsatsu Shores Drive has a sell-speed score of 64/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 6.3% below comparable active properties in Tsawwassen North, which is a strong competitive signal. The local market is currently a Balanced Market with a sales-to-active ratio of 14.9% — conditions are balanced. With 87 competing homes currently listed, this property has moderate competition. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Climate Risk for V4M 4G3

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V4M 4G3, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).

Flood Lower Risk

Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.

Fire Low

Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.

Air Quality A / Excellent

Annual avg PM2.5 3.4 µg/m³ — meets WHO 2021 guideline. Nearest station: Tsawwassen, Delta (~2.1 km). Annual avg AQHI 1.8 — Low Risk.

Heat Moderate

Delta currently sees ~1 day above 30 °C per year (1981–2010 baseline), projected to rise to ~6 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~29.9 °C baseline, ~32.2 °C projected. Tropical nights (>18 °C): ~0 baseline, ~3 projected.

Precipitation Typical for region

Annual precipitation ~1148 mm (1981–2010 baseline), projected ~1191 mm by the 2050s. Extreme 1-day rainfall: ~40.5 mm baseline, ~45.2 mm projected. Values vary modestly across the Lower Mainland.

Drought Stable

Longest annual dry spell (consecutive dry days): ~25 days baseline, ~27 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.

Schools NearBy

7 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

du Bois-joli

Public

Grades Served

—

Catchment Info

—
N/A

Distance

1.21 KM

Cliff Drive Elementary School

Public

Grades Served

K-7

Catchment Info

In Catchment
4.6 / 10

Distance

1.22 KM

English Bluff Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.6 / 10

Distance

1.75 KM

South Delta Secondary School

Public

Grades Served

8-12

Catchment Info

In Catchment
6.4 / 10

Distance

2.05 KM

South Park Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.3 / 10

Distance

2.32 KM

Pebble Hill Traditional Elementary School

Public

Grades Served

K-7

Catchment Info

—
5.9 / 10

Distance

2.57 KM

Southpointe Academy

Independent

Grades Served

K-12

Catchment Info

—
9.4 / 10

Distance

2.91 KM

Walkability & Transit Near 318 1120 Tsatsu Shores Drive

Walk Score Badge
Almost All Errands Require a Car 19

Walk Score - Almost All Errands Require a Car

Almost all errands require a car
Bike Score Badge
Somewhat Bikeable 22

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Costs & calculators

Monthly cost about $2,330/month · rent estimate $1,849/month · owning nets $6/month less than renting · cash flow if rented −$625/month

Mortgage Calculator for 318 1120 Tsatsu Shores Drive

30-year fixed
$2,330 /month
Principal & Interest $1,809
Property Taxes $156
Maintenance fee $365

The estimated monthly cost of 318 1120 Tsatsu Shores Drive, Delta is $2,330: $1,809 principal and interest with 20% down over 30 years at 4.45%, plus $156 property tax and $365 strata fee.

or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Investment Cashflow Calculator

−$625 /month
Mortgage Payment $1,809
Monthly Cash Flow −$625
Break Even Down Payment 48%
Cap Rate -1.7%
Cash on Cash -8.4%

If 318 1120 Tsatsu Shores Drive, Delta were rented at $1,849 a month with 5% vacancy, it would fall $625 a month short of the mortgage and carrying costs; about 48% down would break even.

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 318 1120 Tsatsu Shores Drive, Delta

$1,849 / month
Rent $1,849
Own $2,330
Principal: $582/mo Interest, tax, insurance, fees: $1,748/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$487/mo (year 1) → ~$1,133/mo (year 20) → ~$1,690/mo (year 29).

Net cost to own at year 5 ~$1,748/mo About $101/mo less than renting

EstateBlock estimates 318 1120 Tsatsu Shores Drive, Delta would rent for about $1,849 a month.

Approximate estimates for informational purposes only, not financial advice. Assumes a new 30-year fixed mortgage at the rate shown; actual rent, payments, and equity will vary by loan terms and market conditions. Consult a licensed professional before deciding.

Rent vs own: 318 1120 Tsatsu Shores Drive

Rent vs own

Owning nets $6/mo less than renting

With 20% down ($89,800) at 4.45%: $1,843/mo net cost to own in year 1 vs $1,849/mo rent

Principal paid off by year 5 $32,010
Principal paid off by year 10 $71,979

Assumes 20% down payment, 4.45% fixed rate, 30-year amortization. Rent line = full rent (money gone). Own line = interest + property tax + fees, excluding principal (money you keep as equity). No appreciation, investment returns or transaction costs included.

Owning 318 1120 Tsatsu Shores Drive, Delta nets about $6 a month less than renting it in year 1, with $32,010 of principal paid off by year 5 and $71,979 by year 10.

Price vs Neighbourhood Average — Tsawwassen North, Delta

Beds Home Types Square Feet Lot Size Year Built
This Home $449,000
Delta Loading...
Tsawwassen North Loading...

Comparable data is unavailable at the neighbourhood level. City-wide in Delta, similar apartments/condos average $479,000 across 7 active listings — this listing is 6.3% below the Delta average. This property is flagged as a Hot Deal (10.0% price reduction) 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 Greater Vancouver REALTORS® which assumes no responsibility for its accuracy

Call or Text Now!

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 13+ Years of Experience Serving Greater Vancouver

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Walkability & Transit Near 318 1120 Tsatsu Shores Drive

Walk Score Badge
Almost All Errands Require a Car 19

Walk Score - Almost All Errands Require a Car

Almost all errands require a car
Bike Score Badge
Somewhat Bikeable 22

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

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