Vancouver Homes
11124 Downs Road, Delta, V4V 3E1 — photo 1

$1,590,000

11124 Downs Road, Delta, V4V 3E1
Active
3 Bedrooms 1 Bathrooms 1,602 sqft Built 1958 Residential

About This Property

Prime North Surrey subdivision opportunity! PLA approved with third reading complete and servicing estimates in hand. Ready for final servicing and registration of 2 proposed lots. The existing home is livable, offering holding income or short-term use while you move toward subdivision. Bonus: Includes additional PID 010-313-516 (see documents for full site layout). Quiet, established neighborhood close to schools, transit, and amenities. A ready-to-go project for builders or investors!

Property Details

MLS #

R3026125

Status

Active

Type

Residential

Sub-type

Single Family Residence

Style

Split Entry

Ownership

Freehold NonStrata

Zoning

RS1

Bedrooms

3

Full Baths

1

Half Baths

0

Kitchens

1

Living Area

1,602 sqft

Main Floor

1,101 sqft

Basement

501 sqft fin.

Lot Size

18,453.2 sqft

Lot Dimensions

86 x

Frontage

86

Year Built

1958

Age

67 years

Roof

Asphalt

Construction

Frame Wood, Mixed (Exterior)

Structure

Residential Detached

Parking Type

Open, Driveway

Original Price

$1,650,000

Taxes

$4,696.8/yr

Listed

2025-07-14

MLS Area

Nordel

City

Delta

Postal Code

V4V 3E1

Features & Finishes

Heating

Forced Air

Flooring

Other

Appliances

Dishwasher · Refrigerator · Stove

Building & Community

Fencing

Fenced

Water Source

Public

Sewer

Public Sewer

Utilities

Electricity Connected, Natural Gas Connected, Water Connected

Disclosures

Property Disclosure

No

Location

Open in Google Maps

Coordinates: 49.164028, -122.914590 · Map data © Google

5.9

Fair Market

Deal Score out of 10

Priced at or near market value in current conditions.

Value vs market— 89% above market — check if justified
Days on market— 294 days — significantly stale, strong negotiation position
Price history— Price dropped 4% from original ask — seller showing motivation
Market conditions— Market avg 98% — some negotiation room
Draft CPS Offer

Offer Advisor

High confidence

Suggested Offer

$1,521,806

4.3% below asking price

Negotiation Range

$1,482,056 – $1,545,656

$63,600 spread

$1,482,056$1,590,000 ask

Based on 16 recent sales, a starting offer around $1,521,806 (4.3% below ask) is reasonable. Your negotiation range is $1,482,056 – $1,545,656.

What's factored in

Market baseline— 16 recent Delta sales closed at median 98% of list price
Price already reduced— Seller dropped from 4% off original ask — indicates motivation
Extended market time— 294 days listed — well above market avg of 173 days, increased negotiation leverage
Above-average DOM— 294d vs market avg of 173d — property may have a pricing or condition issue

Based on 16 residential sales in Delta (last 60 days) · Updated May 4

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