Home Tsawwassen, BC Tsawwassen North Salt & Meadow 402 2499 Rabbit Drive

402 2499 Rabbit Dr, Tsawwassen BC V4M 0G4 – Condo for Sale – MLS® R3169992

402 2499 Rabbit Drive, Tsawwassen, British Columbia V4M 0G4

Tsawwassen Condos for Sale

45 days on the market

$374,000

Est. monthly cost $2,007/mo

Updated with MLS® - Nov 12, 2026 at 06:45pm

Salt & Meadow

1 Beds

1 Baths

480 sqft

779 $ /sqft

360.14 $ Maint. fee

2024 built

Photos

Welcome to coastal living at Salt & Meadow, built by award-winning Aquilini Group in a premier waterfront community. This bright 1 bed 1 bath home features the "Beach Scheme" design, blending sandy toned wood cabinetry, matte white uppers, light quartz countertops & a textured beige tile backsplash. Natural laminate wood flooring flows throughout the open layout. Enjoy stainless steel appliances, full-size laundry & electric heating for year-round comfort. Elevate your lifestyle with access to The Beach House amenities, an exclusive gym & private park. The 35,000 sq ft landscaped Meadow Park offers an expansive lawn, outdoor dining, BBQ patio & firepit. Unmatched coastal elegance awaits. Being Sold Fully Furnished

Building 26 fields Inside & out 12 fields Lot & land 7 fields

Building Details

Price	$374,000
Total Bedrooms	1
Total Bathrooms	1
Full Bathrooms	1
Half Bathrooms	0
Floor Area Total (sqft)	480
Year Built	2024
Age Of Building	2
Building Type	Apartment/Condo
Unit Style	Upper unit
Property Type	Residential
Stories	1
Building Amenities	Clubhouse, Exercise Centre, Recreation Facilities, Trash, Maintenance Grounds, Hot Water, Management, Snow Removal, Water
Building Name	Salt & Meadow
Ownership Type	Leasehold prepaid-Strata
Maintenance Fee	$360.14
Community Features	Shopping Nearby
Amenities Nearby	Clubhouse, Exercise Centre, Recreation Facilities, Trash, Maintenance Grounds, Hot Water, Management, Snow Removal, Water
Utility Type	Electricity Connected, Water Connected
Utility Sewer	Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource)	Public
Parking Type	Garage Under Building, Side Access, Concrete
Total Parking Spaces	1
Strata Restrictions	Pets Allowed,Rentals Allowed
Pet Restrictions	Yes
Units In Development	165

Interior Features

Basement Finished Area (sqft)	0
Basement Features	Full
Appliances Included	Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave
Interior Features	Elevator
Heating Type	Baseboard
Laundry	In Unit
# of Kitchens	1
Foundation	Concrete Perimeter

Exterior Features

Exterior Features	Playground
View Description	MOUNTAIN
Roof	Torch-On
Structures	Multi Family, Residential Attached

Lot & Land

MLS^® #	R3169992
Area	Tsawwassen
Neighbourhood	Tsawwassen North
City	Tsawwassen
Postal Code	V4M 0G4
Gross Taxes	$1,685
Zoning	CD-1

Property Timeline

Status	Date	Price
R3169992 / Active	09-28-2026	$374,000

Rooms

Floor	Type	Dimensions
Main Level	Living Room	10'5 x 10'5 ft
Main Level	Kitchen	4'5 x 4'5 ft
Main Level	Bedroom	10'5 x 10'5 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	No	#4

Listed by: Rennie & Associates Realty Ltd.

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: 38
Sold, past year: 16

This home

$779/sqft, 4.8% above 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.

Homes for sale at Salt & Meadow, Tsawwassen Recent sold listings in Salt & Meadow, Tsawwassen

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

Map, sell speed & climate

SkyTrain 13.46 km · crime below average · sell-speed score 52/100 (moderate pace) · flood lower risk · wildfire low

Map & area Sell speed Climate risk

Map & Neighbourhood

Nearby Restaurants, Cafes & Shops

Transit (1 nearby)

Bus stop northbound tsawwassen dr n @ 2100 block · 810 m · Transit

Public Schools

Elementary
Ladner Elementary School: Average 4.22 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 3.12 km 9.9/10
Elementary, Secondary
Southpointe Academy: Above Average 3.12 km 9.9/10

Closest Transit

Bus Stop
Southbound Tsawwassen Dr N @ Falcon Way: 0.49 km
Skytrain
Skytrain @ Brighouse Stn: 13.46 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

52 / 100

Overall sell-speed score

Moderate pace expected

Price competition grade

Avg comparable: $362,933

Balanced

Market conditions

Balanced market — steady conditions

Flood Risk

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 13.46 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

45 DOM

Listed

402 2499 Rabbit Drive has a sell-speed score of 52/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 3% 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 0G4

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V4M 0G4, 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 (~4.6 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 402 2499 Rabbit Dr, Tsawwassen, BC

402 2499 Rabbit Dr, 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
20 min

Calculate your commute

402 2499 Rabbit Dr, 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 (0.49 km).

Walkability & Transit Near 402 2499 Rabbit Drive

Almost All Errands Require a Car 4

Walk Score - Almost All Errands Require a Car

Almost all errands require a car

Somewhat Bikeable 30

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Costs & calculators

Monthly cost about $2,007/month · rent estimate $1,540/month · owning catches up with renting by year 8 · cash flow if rented −$587/month

Mortgage Cash flow Rent estimate Rent vs own

Mortgage Calculator for 402 2499 Rabbit Drive

$2,007 /month

Principal & Interest $1,507

Property Taxes $140

Maintenance fee $360

The estimated monthly cost of 402 2499 Rabbit Drive, Tsawwassen is $2,007: $1,507 principal and interest with 20% down over 30 years at 4.45%, plus $140 property tax and $360 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

−$587 /month

Mortgage Payment $1,507

Monthly Cash Flow −$587

Break Even Down Payment 52%

Cap Rate -1.9%

Cash on Cash -9.4%

If 402 2499 Rabbit Drive, Tsawwassen were rented at $1,540 a month with 5% vacancy, it would fall $587 a month short of the mortgage and carrying costs; about 52% 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 402 2499 Rabbit Drive, Tsawwassen

$1,540 / month

Rent $1,540

Own $2,007

Principal: $485/mo Interest, tax, insurance, fees: $1,522/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$406/mo (year 1) → ~$944/mo (year 20) → ~$1,407/mo (year 29).

Net cost to own at year 5 ~$1,522/mo About $18/mo less than renting

EstateBlock estimates 402 2499 Rabbit Drive, Tsawwassen would rent for about $1,540 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: 402 2499 Rabbit Drive

Rent vs own

Owning catches up by year 8

With 20% down ($74,800) at 4.45%: renting is cheaper at first, but principal paydown closes the gap

Principal paid off by year 5 $26,663

Principal paid off by year 10 $59,956

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 402 2499 Rabbit Drive, Tsawwassen is cheaper at first, but owning catches up by year 8, with $26,663 of principal paid off by year 5 and $59,956 by year 10.