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5461 12 Avenue
Cliff Drive Delta V4M 2B2

$3,100,000
Multi-Family Commercial, Office

Main Photo: 5461 12 Avenue in Delta: Cliff Drive Multi-Family Commercial for sale (Tsawwassen)  : MLS®# C8077053
Photo 1: 5461 12 Avenue in Delta: Cliff Drive Multi-Family Commercial for sale (Tsawwassen)  : MLS®# C8077053
Photo 2: 5461 12 Avenue in Delta: Cliff Drive Multi-Family Commercial for sale (Tsawwassen)  : MLS®# C8077053
Photo 3: 5461 12 Avenue in Delta: Cliff Drive Multi-Family Commercial for sale (Tsawwassen)  : MLS®# C8077053
Photo 4: 5461 12 Avenue in Delta: Cliff Drive Multi-Family Commercial for sale (Tsawwassen)  : MLS®# C8077053
Photo 5: 5461 12 Avenue in Delta: Cliff Drive Multi-Family Commercial for sale (Tsawwassen)  : MLS®# C8077053
Photo 6: 5461 12 Avenue in Delta: Cliff Drive Multi-Family Commercial for sale (Tsawwassen)  : MLS®# C8077053
Photo 7: 5461 12 Avenue in Delta: Cliff Drive Multi-Family Commercial for sale (Tsawwassen)  : MLS®# C8077053
Photo 8: 5461 12 Avenue in Delta: Cliff Drive Multi-Family Commercial for sale (Tsawwassen)  : MLS®# C8077053
Photo 9: 5461 12 Avenue in Delta: Cliff Drive Multi-Family Commercial for sale (Tsawwassen)  : MLS®# C8077053
Photo 10: 5461 12 Avenue in Delta: Cliff Drive Multi-Family Commercial for sale (Tsawwassen)  : MLS®# C8077053
Photo 11: 5461 12 Avenue in Delta: Cliff Drive Multi-Family Commercial for sale (Tsawwassen)  : MLS®# C8077053
Photo 12: 5461 12 Avenue in Delta: Cliff Drive Multi-Family Commercial for sale (Tsawwassen)  : MLS®# C8077053
Photo 13: 5461 12 Avenue in Delta: Cliff Drive Multi-Family Commercial for sale (Tsawwassen)  : MLS®# C8077053
Photo 14: 5461 12 Avenue in Delta: Cliff Drive Multi-Family Commercial for sale (Tsawwassen)  : MLS®# C8077053
Photo 15: 5461 12 Avenue in Delta: Cliff Drive Multi-Family Commercial for sale (Tsawwassen)  : MLS®# C8077053
Photo 16: 5461 12 Avenue in Delta: Cliff Drive Multi-Family Commercial for sale (Tsawwassen)  : MLS®# C8077053
Status:
Active
Prop. Type:
Multi-Family Commercial, Office
MLS® Num:
C8077053
Build. Type:
Mixed Use
Welcome to 5461 12th Avenue in Sunny Tsawwassen's commercial district. A solidly built (1992) 2 storey mixed use building (2 residential rentals on 2nd floor + 2 ground floor professional office units). Commercial units are both leased and 1 residential suite is leased. Owner's unit on 2nd floor (2,651 sf) is unoccupied and available for an owner/user to occupy or for rental. Site is designated for higher density in the "Neighborhood Centres and Corridors" along with the undeveloped properties to the West on the 12TH Avenue and North and West of the property on Malvern Place. Great holding income - offered at 4.5% cap rate - for a future higher density development site. Inquire to the listing agent for lease details, and rental and net income information.
Sale Type:
Asset
Ownership:
Freehold
Property Type:
Multi-Family Commercial, Office
Commercial Type:
Multi Family
Construction:
Frame Wood
Num Storeys:
2
Building Type:
Mixed Use, See Remarks, Street-Level Storefront
# Bldgs:
1
# Units Total:
2
# Other Units:
0
# of Apartments:
2
# of Studio Apartments:
0
# of Penthouse Apartments:
0
# of Bachelor Apartments:
0
# of 4+ Bedroom Apartments:
0
# of 1 Bedroom Apartments:
0
# of 2 Bedroom Apartments:
1
# of 3 Bedroom Apartments:
1
Year built:
1992 (Age: 34)
Living Area:
7,436 sq. ft.
Subject Property Depth:
94'
Subject Property Width:
92'5"
Retail Size:
2,938 sq. ft.
Other Size:
4,168 sq. ft.
Class Of Space:
Class B
Lot Area:
8,712 sq. ft.
Zoning:
Potential to Redevelop:
Could be assembled with neighboring properties for density, No
Fencing:
Parking:
Secured, Guest
# Of Parking Spaces - Total:
Road Frontage:
Heating:
Cooling:
HVAC System
Electricity:
Yes
Services Connected:
Curb/Gutter, Electricity Connected, Fully Serviced, Garbage Collection, Natural Gas Connected, Phone Connected, Street Lighting
Sewer:
Public Sewer, Sanitary Sewer, Storm Sewer
Parcel Number:
017567360
Taxes:
$12,313.17 / 2024
Paved Yard, Washrooms Female/Male
No
Security System, Secured Garage/Parking
No
No
# Elevators:
0
Water Supply:
Public
Water Rights:
No
Roof:
Potential to Redevelop:
Could be assembled with neighboring properties for density, No
Env Assmt Phase:
No
Cap Rate %:
Gross Income:
Oper. Expenses:
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
  • Photo 1: 5461 12 Avenue in Delta: Cliff Drive Multi-Family Commercial for sale (Tsawwassen)  : MLS®# C8077053
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  • Photo 7: 5461 12 Avenue in Delta: Cliff Drive Multi-Family Commercial for sale (Tsawwassen)  : MLS®# C8077053
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  • Photo 8: 5461 12 Avenue in Delta: Cliff Drive Multi-Family Commercial for sale (Tsawwassen)  : MLS®# C8077053
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  • Photo 13: 5461 12 Avenue in Delta: Cliff Drive Multi-Family Commercial for sale (Tsawwassen)  : MLS®# C8077053
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  • Photo 14: 5461 12 Avenue in Delta: Cliff Drive Multi-Family Commercial for sale (Tsawwassen)  : MLS®# C8077053
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  • Photo 15: 5461 12 Avenue in Delta: Cliff Drive Multi-Family Commercial for sale (Tsawwassen)  : MLS®# C8077053
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  • Photo 16: 5461 12 Avenue in Delta: Cliff Drive Multi-Family Commercial for sale (Tsawwassen)  : MLS®# C8077053
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Listed by Sutton Group Seafair Realty
Data was last updated March 16, 2026 at 07:40 PM (UTC)

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Reciprocity Logo The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.