218 2463 Rabbit Dr, Tsawwassen BC V4M 0G6 – Condo for Sale – MLS® R3166766

218 2463 Rabbit Drive, Tsawwassen, British Columbia V4M 0G6

56 days on the market
$389,900
Est. monthly cost $2,013/mo
Updated with MLS® -
Salt & Meadow
1 Beds
1 Baths
593 sqft
658 $ /sqft
441.99 $ Maint. fee
2025 built
56 days on the market
$389,900
$399,915
Est. $2,013/mo with 20% down
Updated with MLS® -

Property Details for 218 2463 Rabbit Drive

SPACIOUS 1-BEDROOM CONDO At Salt & Meadow by Aquilini. This well-appointed home offers a comfortable and functional layout with generous living space and a peaceful sense of privacy. Wide open floor plan, spacious patio, SS appliances, modern wide plank laminate flooring, 1 parking stall and 1 storage locker. Enjoy an exceptional selection of building amenities designed for both relaxation and an active lifestyle, including an outdoor pool, access to 2 fitness centres, yoga room, jacuzzi, amenity rooms, kids zone and a dedicated work lab. Whether you're relaxing at home, staying active, working remotely, or entertaining, everything you need is conveniently close by. Photos are representational only

Building Details

Price $389,900
Total Bedrooms 1
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 593
Year Built 2025
Age Of Building 1
Building Type Apartment/Condo
Unit Style Upper unit
Property Type Residential
Stories 1
Building Amenities Clubhouse, Exercise Centre, Caretaker, Trash, Maintenance Grounds, Hot Water, Management, Recreation Facilities, Sewer, Snow Removal, Water
Building Name Salt & Meadow
Ownership Type Leasehold prepaid-Strata
Maintenance Fee $441.99
Community Features Shopping Nearby
Amenities Nearby Clubhouse, Exercise Centre, Caretaker, Trash, Maintenance Grounds, Hot Water, Management, Recreation Facilities, Sewer, Snow Removal, Water
Utility Type Electricity Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Underground, Guest, Side Access, Garage Door Opener
Total Parking Spaces 1
Strata Restrictions Pets Allowed,Rentals Allwd w/Restrctns
Pet Restrictions Cats OK, Dogs OK, Number Limit (Two), Yes

Interior Features

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

Exterior Features

Exterior Features Garden, Playground
Roof Torch-On
Structures Multi Family, Residential Attached

Lot & Land

Lot Size Depth Feet
MLS® # R3166766
Area Tsawwassen
Neighbourhood Tsawwassen North
City Tsawwassen
Postal Code V4M 0G6
Gross Taxes 0
Zoning CD1

Property Timeline

Status Date Price
R3166766 / Active 09-17-2026 $389,900
Rooms
Floor Type Dimensions
Main Level Foyer 4' x 4' ft
Main Level Kitchen 11' x 11' ft
Main Level Living Room 11' x 11' ft
Main Level Bedroom 10' x 10' ft
Main Level Patio 10' x 10' ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4

Listed by: Rennie & Associates Realty Ltd. & Rennie Marketing Systems

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.

About the building: Salt & Meadow

2499 Rabbit Drive, Tsawwassen North, Tsawwassen

Salt & Meadow building details

Building

Built
2024
Homes
165 in 6 storeys
Construction
Frame - Wood
Title
Leasehold prepaid-Strata
Strata plan
EPS8294
Managed by
Duka Property Management
Parking
Garage: Underground, Garage Underbuilding
Lockers
Limited
Strata fee covers
WaterSnow removalSewerRecreation FacilityManagementHot WaterGardeningGarbage PickupCaretaker

Bylaws on record

Pets
Restricted
Cats and dogs OK, max 2
Rentals
Allowed

Market at Salt & Meadow

For sale
3
Median ask
$390K
Median $/sqft
$743
Days on market
37
Sold, past year
16
This home

$658/sqft, 11.4% below the building median of $743.

  • Leasehold prepaid-Strata, not freehold strata. Ask for the lease expiry date, the prepaid rent position, and which lenders will finance it.
  • Still inside its 2-5-10 new-home warranty — building-envelope coverage to 2029, structural to 2034.

From MLS® and public strata records. Verify against the current Form B and registered bylaws.

Map, sell speed & climate

SkyTrain 13.45 km · crime below average · sell-speed score 53/100 (moderate pace) · flood lower risk · wildfire low

Map & Neighbourhood

Nearby Restaurants, Cafes & Shops

Transit (1 nearby)

  • Bus stop northbound tsawwassen dr n @ 2100 block · 873 m · Transit

Public Schools

Elementary
Ladner Elementary School
Average 4.25 km 5.4/10

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 3.21 km 9.9/10
Elementary, Secondary
Southpointe Academy
Above Average 3.21 km 9.9/10

Closest Transit

Bus Stop
Southbound Tsawwassen Dr N @ Falcon Way
0.55 km
Skytrain
Skytrain @ Brighouse Stn
13.45 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

53 / 100
Overall sell-speed score
Moderate pace expected
B
Price competition grade
Avg comparable: $384,611
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 13.45 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
56 DOM
Listed

218 2463 Rabbit Drive has a sell-speed score of 53/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 1.4% above comparable active properties in Tsawwassen North. 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 0G6

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V4M 0G6, 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 (~4.7 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.

Pre-computed routes from 218 2463 Rabbit Dr, Tsawwassen, BC

By transit (Skytrain)

  • Downtown Vancouver via Brighouse → Waterfront
    189 min
  • Metrotown, Burnaby via Brighouse → Metrotown
    207 min
  • SFU Burnaby via Brighouse → Production Way
    214 min
  • Richmond Centre
    164 min
  • YVR Airport via Brighouse → YVR-Airport
    177 min

By car (off-peak)

  • Downtown Vancouver via HWY 1 / Grandview
    32 min
  • Metrotown, Burnaby via Lougheed Hwy
    25 min
  • SFU Burnaby via Gaglardi Way
    32 min
  • Richmond Centre via No. 3 Rd
    16 min
  • YVR Airport via Bridgeport / Sea Island
    20 min

Calculate your commute

218 2463 Rabbit Dr, Tsawwassen, BC is ideally located for commuters. The property is 13.4 km from Brighouse, with a 189 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Southbound Tsawwassen Dr N @ Falcon Way (0.55 km).

Walkability & Transit Near 218 2463 Rabbit Drive

Walk Score Badge
Almost All Errands Require a Car 4

Walk Score - Almost All Errands Require a Car

Almost all errands require a car
Bike Score Badge
Somewhat Bikeable 30

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Costs & calculators

Monthly cost about $2,013/month · rent estimate $1,606/month · owning nets $16/month less than renting · cash flow if rented −$532/month

Mortgage Calculator for 218 2463 Rabbit Drive

30-year fixed
$2,013 /month
Principal & Interest $1,571
Property Taxes $0
Maintenance fee $442

The estimated monthly cost of 218 2463 Rabbit Drive, Tsawwassen is $2,013: $1,571 principal and interest with 20% down over 30 years at 4.45%, plus $442 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

−$532 /month
Mortgage Payment $1,571
Monthly Cash Flow −$532
Break Even Down Payment 48%
Cap Rate -1.6%
Cash on Cash -8.2%

If 218 2463 Rabbit Drive, Tsawwassen were rented at $1,606 a month with 5% vacancy, it would fall $532 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 218 2463 Rabbit Drive, Tsawwassen

$1,606 / month
Rent $1,606
Own $2,013
Principal: $505/mo Interest, tax, insurance, fees: $1,508/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$423/mo (year 1) → ~$984/mo (year 20) → ~$1,467/mo (year 29).

Net cost to own at year 5 ~$1,508/mo About $98/mo less than renting

EstateBlock estimates 218 2463 Rabbit Drive, Tsawwassen would rent for about $1,606 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: 218 2463 Rabbit Drive

Rent vs own

Owning nets $16/mo less than renting

With 20% down ($77,980) at 4.45%: $1,590/mo net cost to own in year 1 vs $1,606/mo rent

Principal paid off by year 5 $27,796
Principal paid off by year 10 $62,505

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 218 2463 Rabbit Drive, Tsawwassen nets about $16 a month less than renting it in year 1, with $27,796 of principal paid off by year 5 and $62,505 by year 10.

Price vs Neighbourhood Average — Tsawwassen North, Tsawwassen

Beds Home Types Square Feet Lot Size Year Built
This Home $389,900
Tsawwassen Loading...
Tsawwassen North Loading...

Based on 13 comparable active apartments/condos in Tsawwassen North, the average asking price is $384,611. This listing is priced 1.4% above the neighbourhood average.

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 218 2463 Rabbit Drive

Walk Score Badge
Almost All Errands Require a Car 4

Walk Score - Almost All Errands Require a Car

Almost all errands require a car
Bike Score Badge
Somewhat Bikeable 30

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

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