5428 16 Avenue, Delta, V4M 2H6 — photo 1

$3,200,000

5428 16 Avenue, Delta, V4M 2H6
Active
4 Bedrooms 3 Bathrooms 3,524 sqft Built 1966 Residential

About This Property

Presenting a RARE LAND ASSEMBLY opportunity in the heart of Tsawwassen, spanning over 8 ACRES along 53A Street and key parcels on 16th Avenue. Located within the newly updated OCP MULTI-RESIDENTIAL this prime development site is ideal for innovative housing forms such as FOURPLEX with GARDEN SUITES, MIXED-USE COMMUNITY SPACES, boutique COMMERCIAL, DAYCARES and CAFES & more. Steps to South Delta Secondary, Cliff Drive Elementary, Winskill Park, and Tsawwassen Town Centre, this walkable, family-oriented neighborhood offers a vibrant lifestyle. With limited land supply & strong community demand, this is a PREMIER OPPORTUNITY for forward-thinking developers to shape the future of South Delta.

Fireplace

Property Details

MLS #

R3028579

Status

Active

Type

Residential

Sub-type

Single Family Residence

Style

Rancher/Bungalow

Ownership

Freehold NonStrata

Zoning

RS1

Bedrooms

4

Full Baths

2

Half Baths

1

Kitchens

1

Fireplaces

1

Living Area

3,524 sqft

Main Floor

3,524 sqft

Basement

Yes

Lot Size

10,645 sqft

Lot Dimensions

70 x 46.34

Frontage

70

Year Built

1966

Age

60 years

Roof

Asphalt

Construction

Frame Wood, Wood Siding

Structure

Residential Detached

Parking Stalls

3

Carport

1 spaces

Parking Type

Carport Single, Open, Front Access

Original Price

$3,200,000

Taxes

$5,172.63/yr

Listed

2025-07-18

MLS Area

Cliff Drive

City

Delta

Postal Code

V4M 2H6

Subdivision

Tsawwassen Heights

Features & Finishes

Heating

Natural Gas

Fireplace

Wood Burning

Patio / Porch

Patio · Deck

Building & Community

Fencing

Fenced

Water Source

Public

Sewer

Public Sewer

Utilities

Community, Electricity Connected, Natural Gas Connected, Water Connected

Disclosures

Property Disclosure

Yes

Coordinates: 49.031755, -123.073470 · Map data © Google

4.9

Above Market

Deal Score out of 10

Priced above comparable sales — may have room to negotiate.

Value vs market73% above market — check if justified
Days on market290 days — significantly stale, strong negotiation position
Price historyNo price reduction — seller firm on price
Market conditionsMarket avg 98% — some negotiation room
Draft CPS Offer

Offer Advisor

High confidence

Suggested Offer

$3,063,219

4.3% below asking price

Negotiation Range

$2,983,219$3,111,219

$128,000 spread

$2,983,219$3,200,000 ask

Based on 16 recent sales, a starting offer around $3,063,219 (4.3% below ask) is reasonable. Your negotiation range is $2,983,219 – $3,111,219.

What's factored in

Market baseline16 recent Delta sales closed at median 98% of list price
Extended market time290 days listed — well above market avg of 173 days, increased negotiation leverage
Above-average DOM290d 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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