Home Tsawwassen, BC Tsawwassen North Boardwalk Four 25 4408 Cormorant Way

25 4408 Cormorant Way, Tsawwassen BC V4M 0E9 – Townhouse for Sale – MLS® R3165257

25 4408 Cormorant Way, Tsawwassen, British Columbia V4M 0E9

55 days on the market

$649,000

Est. monthly cost $3,296/mo

Updated with MLS® - Nov 8, 2026 at 09:30am

Boardwalk 4

3 Beds

3 Baths

1399 sqft

464 $ /sqft

402.54 $ Maint. fee

2022 built

7.2% price reduction

Photos

Why rent when you can own?Welcome to Tsawwassen's premier waterfront community at Boardwalk 4 by Aquilini! Meticulously maintained and this like-new, 4-year-old residence features nearly 1,400 sq ft of bright living space with 3 bedrooms, 2.5 bathroom. Inside, enjoy year-round comfort with air conditioning and a spacious designer kitchen complete with stainless steel appliances and a gas cooktop, plus a convenient gas bib on the deck for outdoor grilling. Residents have access to fantastic resort-style amenities, including an outdoor pool, hot tub, fitness centre, yoga/dance studio, fire pits, BBQ areas, and a children's play zone. Perfectly positioned just steps from the ocean and scenic waterside trails, with Tsawwassen Mills, Ladner, BC Ferries, YVR. Easy to show!

Building 24 fields Inside & out 11 fields Lot & land 7 fields

Building Details

Price	$649,000
Total Bedrooms	3
Total Bathrooms	3
Full Bathrooms	2
Half Bathrooms	1
Floor Area Total (sqft)	1399
Year Built	2022
Age Of Building	4
Building Type	Townhouse
Property Type	Residential
Architecture Style	3 Storey
Stories	3
Building Amenities	Clubhouse, Exercise Centre, Recreation Facilities, Caretaker, Trash, Maintenance Grounds, Sewer, Snow Removal, Water
Building Name	Boardwalk 4
Ownership Type	First Nations Lease
Maintenance Fee	$402.54
Amenities Nearby	Clubhouse, Exercise Centre, Recreation Facilities, Caretaker, Trash, Maintenance Grounds, Sewer, Snow Removal, Water
Utility Type	Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer	Community, Sanitary Sewer
Water (WaterSource)	Public
Parking Type	Tandem, Garage Door Opener
Total Parking Spaces	3
Strata Restrictions	Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions	Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions

Interior Features

Basement Finished Area (sqft)	0
Basement Features	None
Appliances Included	Washer/Dryer, Dishwasher, Disposal, Refrigerator, Stove, Microwave, Oven
Heating Type	Forced Air
Cooling	Central Air
# of Kitchens	1
Flooring	Mixed, Carpet
Foundation	Concrete Perimeter

Exterior Features

Exterior Features	Garden, Playground
Roof	Asphalt
Structures	Residential Attached

Lot & Land

MLS^® #	R3165257
Area	Tsawwassen
Neighbourhood	Tsawwassen North
City	Tsawwassen
Postal Code	V4M 0E9
Gross Taxes	$3,341.81
Zoning	RM2

Property Timeline

Status	Date	Price
R3165257 / Active	09-14-2026	$649,000

Rooms

Floor	Type	Dimensions
Above Level	Primary Bedroom	10'9 x 10'9 ft
Above Level	Walk-In Closet	7'6 x 7'6 ft
Above Level	Bedroom	10'1 x 10'1 ft
Above Level	Bedroom	9'1 x 9'1 ft
Main Level	Dining Room	12'2 x 12'2 ft
Main Level	Living Room	14'1 x 14'1 ft
Main Level	Kitchen	15'6 x 15'6 ft
Below	Foyer	11'5 x 11'5 ft
Below	Patio	14'8 x 14'8 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	Yes	#4
Above Level	No	#3
Main Level	No	#2

Listed by: 1NE Collective Realty Inc.

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: Boardwalk Four

4408 Cormorant Way, Tsawwassen North, Tsawwassen

Boardwalk Four building details

Building

Built: 2022
Homes: 28 in 3 storeys
Construction: Frame - Wood, Concrete
Title: Leasehold prepaid-Strata
Strata plan: EPS8851
Managed by: Tribe Management
Parking: Tandem Parking, Grge/Double Tandem
Lockers: Limited
Strata fee covers: Snow removalRecreation FacilityManagementGardeningGarbage Pickup

Bylaws on record

Pets: Restricted; Cats and dogs OK, max 2
Rentals: Allowed

Market at Boardwalk Four

For sale: 2
Median ask: $649K
Median $/sqft: $473
Days on market: 29
Sold, past year: 2

This home

$464/sqft, 1.9% below the building median of $473.

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 2027, structural to 2032.

Homes for sale at Boardwalk Four, Tsawwassen Recent sold listings in Boardwalk Four, Tsawwassen

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

Map, sell speed & climate

SkyTrain 13.54 km · crime below average · sell-speed score 53/100 (moderate pace) · flood lower risk · wildfire low

Map & area Sell speed Climate risk

Map & Neighbourhood

Nearby Restaurants, Cafes & Shops

Transit (1 nearby)

Bus stop southbound tsawwassen dr n @ 1900 block · 983 m · Transit

Public Schools

Elementary
Ladner Elementary School: Average 4.1 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 2.78 km 9.9/10
Elementary, Secondary
Southpointe Academy: Above Average 2.78 km 9.9/10

Closest Transit

Bus Stop
Southbound Tsawwassen Dr N @ Falcon Way: 0.43 km
Skytrain
Skytrain @ Brighouse Stn: 13.54 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: $688,316

Buyer's

Market conditions

Buyer's market — more supply than demand

Flood Risk

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 13.54 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

55 DOM

Listed

25 4408 Cormorant Way has a sell-speed score of 53/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 5.7% below comparable active properties in Tsawwassen North, which is a strong competitive signal. The local market is currently a Buyer's Market with a sales-to-active ratio of 9.8% — buyers have more leverage. With only 41 competing homes currently listed, this property has relatively low competition. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Climate Risk for V4M 0E9

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V4M 0E9, 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 (~4.5 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

2 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
Southpointe Academy	Independent	Grades Served K-12	Catchment Info —	9.4 / 10	Distance 2.78 KM
Cliff Drive Elementary School	Public	Grades Served K-7	Catchment Info —	4.6 / 10	Distance 2.85 KM

Pre-computed routes from 25 4408 Cormorant Way, Tsawwassen, BC

25 4408 Cormorant Way, Tsawwassen, BC Brighouse 13.5 km

190 min

Downtown Vancouver Waterfront Station

By transit (Skytrain)

Downtown Vancouver via Brighouse → Waterfront
190 min
Metrotown, Burnaby via Brighouse → Metrotown
208 min
SFU Burnaby via Brighouse → Production Way
215 min
Richmond Centre
165 min
YVR Airport via Brighouse → YVR-Airport
178 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
21 min

Calculate your commute

25 4408 Cormorant Way, Tsawwassen, BC is ideally located for commuters. The property is 13.5 km from Brighouse, with a 190 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Southbound Tsawwassen Dr N @ Falcon Way (0.43 km).

Walkability & Transit Near 25 4408 Cormorant Way

Almost All Errands Require a Car 4

Walk Score - Almost All Errands Require a Car

Almost all errands require a car

Somewhat Bikeable 32

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Costs & calculators

Monthly cost about $3,296/month · rent estimate $2,473/month · owning catches up with renting by year 8 · cash flow if rented −$1,000/month

Mortgage Cash flow Rent estimate Rent vs own

Mortgage Calculator for 25 4408 Cormorant Way

$3,296 /month

Principal & Interest $2,615

Property Taxes $278

Maintenance fee $403

The estimated monthly cost of 25 4408 Cormorant Way, Tsawwassen is $3,296: $2,615 principal and interest with 20% down over 30 years at 4.45%, plus $278 property tax and $403 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

−$1,000 /month

Mortgage Payment $2,615

Monthly Cash Flow −$1,000

Break Even Down Payment 51%

Cap Rate -1.8%

Cash on Cash -9.2%

If 25 4408 Cormorant Way, Tsawwassen were rented at $2,473 a month with 5% vacancy, it would fall $1,000 a month short of the mortgage and carrying costs; about 51% 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 25 4408 Cormorant Way, Tsawwassen

$2,473 / month

Rent $2,473

Own $3,296

Principal: $841/mo Interest, tax, insurance, fees: $2,455/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$704/mo (year 1) → ~$1,638/mo (year 20) → ~$2,442/mo (year 29).

Net cost to own at year 5 ~$2,455/mo About $18/mo less than renting

EstateBlock estimates 25 4408 Cormorant Way, Tsawwassen would rent for about $2,473 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: 25 4408 Cormorant Way

Rent vs own

Owning catches up by year 8

With 20% down ($129,800) at 4.45%: renting is cheaper at first, but principal paydown closes the gap

Principal paid off by year 5 $46,268

Principal paid off by year 10 $104,041

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.

Renting 25 4408 Cormorant Way, Tsawwassen is cheaper at first, but owning catches up by year 8, with $46,268 of principal paid off by year 5 and $104,041 by year 10.