Greensview Apartments is a well-maintained 24-suite, three-storey rental apartment building located in the heart of Tsawwassen, one of Delta's most established communities. Built in 1985 on a 22,200 SF lot, the building features a mix of one- and two-bedroom suites, tenant storage, and secured parking. Offered at a 3.75% cap rate and approximately $289,580 per door, the property provides strong in-place income with 2025 net income projected to rise 11.4% following 4.6% growth in 2024 ' a 16.5% increase over two years. With several suites currently below market, there is clear rental upside through tenant turnover. The property is designated Neighbourhood Centres & Corridors in Delta's 2024 OCP, allowing for consideration of future redevelopment up to 6 storeys. (36686680)
Property Type
Multi-family
Annual Property Taxes
$23,624.93 (CAD)
Time on REALTOR.ca
18 days
Get a taste for the neighbourhood where this listing is located.
The following neighbourhood demographic information is provided by a third-party supplier based on census data from Statistics Canada.
No demographic information is available for this specific location.
Demographics data is temporarily unavailable
This calculator is for demonstration purposes only. REALTOR.ca Canada Inc. does not guarantee that all calculations are accurate. Always consult a professional financial advisor before making personal financial decisions.