306 15611 MARINE DR, White Rock BC V4B 1E1, White rock, BC

$1,175,000
Est. Mortgage /mo

MLS® R2866635

Closed

$1,125,000
$1,250,000
Closed at 10 Jun 2024
Listing price: $1,175,000
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
0 Beds
2 Baths
1 Stories
$ 258.34 Maint. Fee
931 sqft
2003 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

Property details

Boutique Oceanfront Strata Hotel unit on White Rock Beach! A carefree investment property. All maintenance and property mgmt. is done by the hotel. No tenancy or rent control issues typical of other investment or commercial properties. Your monthly distribution will be direct deposited into your bank account. Net Proceeds paid to owner in 2023 of $54,304.93. Property taxes in 2023 were only $2115. The only hotel in White Rock with the finest units south of the Fraser River! Visit the hotel website oceanpromenadehotel.com to view the video, hotel history, awards and wide range of room photos. .This strata unit consists of 2 lock-off hotel suites, a King Studio with full kitchen, deck and magnificent ocean view.. and the Deluxe Two Queen unit. FP in both units, A/C, Premium!

General Info

Price $1,175,000
Total Bedrooms 0
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 931
Lot Size -
Lot Size Depth -
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 2003
Age Of Building 21
Building Type Apartment/Condo
Property Type Residential
Stories 1
Appliances Included Dishwasher, Refrigerator, Microwave, Range Top
Building Amenities Exercise Centre, Cable/Satellite, Caretaker, Electricity, Trash, Maintenance Grounds, Heat, Hot Water, Management, Recreation Facilities, Water
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS # R2866635
Area South Surrey White Rock
Neighbourhood White Rock
City White Rock
Gross Taxes $2,115.54
Ownership Type Freehold Strata
Maintenance Fee $258.34
Community Features Restaurant
Amenities Nearby Exercise Centre, Cable/Satellite, Caretaker, Electricity, Trash, Maintenance Grounds, Heat, Hot Water, Management, Recreation Facilities, Water

Heating & Cooling

Fireplace 2
Heating Type Electric
Cooling Central Air, Air Conditioning

Utilities

Utility Type Community, Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public

Parking

Parking Type Underground, Guest
Total Parking Spaces -

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Strata Restrictions Pets Allowed w/Rest.,Rentals Allowed,Smoking Restrictions
Pet Restrictions Cats OK, Dogs OK, Yes, Yes With Restrictions
Rental Restrictions 100
Zoning COMMER
Rental Suites -
# of Kitchens 0
Foundation Concrete Perimeter
Interior Features Elevator
View 1
View Description ocean
Units In Development 42
Exterior Features Balcony
Sewer Public Sewer, Sanitary Sewer
Roof Other

Property History

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Status Date Price
Sold 06-10-2024 $1,175,000
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Listed by: Oneflatfee.ca

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.

Neighborhood Info

Public Schools

Elementary
White Rock Elementary School
Average
1.16 km
Rating 5.5/10
Secondary
Earl Marriott Secondary School
1.67 km
No Rating

Part of this information is provided by the Province of British Columbia under the Open Government License for Government of BC Information v.BC1.0. School boundaries and other statistics changes frequently and is for general informational purposes only. You should not use such information in determining the legal eligibility to attend any particular school.

Private Schools

Elementary, Secondary
Eaton Arrowsmith School White Rock
1.8 km
No Rating
Elementary, Secondary
Eaton Arrowsmith School White Rock
1.8 km
No Rating

Closest Transit

Translink
Eastbound Marine Dr @ Finlay St
0.05 km

306 15611 MARINE DRIVE, White Rock BC V4B 1E1 is serviced by White Rock Elementary School. The property with listing MLS® R2866635 is located 1.16 km from the school. White Rock Elementary School has a rating of Rating 5.5/10.

This home with address 306 15611 MARINE DRIVE, White Rock BC V4B 1E1, White rock, BC is also serviced by Earl Marriott Secondary School and located 1.67 km from it. Earl Marriott Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 306 15611 MARINE DRIVE, White Rock BC V4B 1E1 is Eaton Arrowsmith School White Rock with School's rating No Rating, located 1.8 km from this home.

The closest to this address 306 15611 MARINE DRIVE, White Rock BC V4B 1E1 Secondary independent school is Eaton Arrowsmith School White Rock with School's rating No Rating, located 1.8 km from this home

The freshest crime data from Statistics Canada are from 2020. There were 1,810 volation disturbances in this neighbourhood. The overall crime rate near the address - 306 15611 MARINE DRIVE, White Rock BC V4B 1E1, White rock, BC is 8,651.18. Rate is the amount of incidents per 100,000 population. Comparing to other Canadian cities it has Above Average rate in 2020. Year by year change in the total crime rate is 8.65%

Drug crime rate next to the listing MLS® R2866635 is Above Average comparing to other neighbourhoods. The illegal substances offences rating is 320.24. There were 67 illegal substances lawbreaking disturbances in this city in 2020 . Year by year change in the illegal substances offences ranking is 16.15%

Property crimes in the neighbourhood close to real estate listing for sale 306 15611 MARINE DRIVE, White Rock BC V4B 1E1 are Above Average. Property misconduct rating adjacent to MLS® R2866635 is 3,962.34. There were 829 in the neighbourhood in 2020. Year by year change in the property misconduct rate is -4.95%

There were 321 violent lawbreaking disorders in 2020. 1,534.27 and it is Average rate comparing to other BC municipalities. Year by year change in the violent crime rate is 30.67%

The closest Bus station is Eastbound Marine Dr @ Finlay St in 0.05 km away from this listing with - MLS® R2866635.

27% of people with university certificate/degree live in this neighbourhood adjacent to the 306 15611 MARINE DRIVE, White Rock BC V4B 1E1 which is Above Average in comparison with other BC neighbourhoods. 7.3% of population in this neighbourhood that is near the Listing MLS® R2866635 have no certificate or degree. This number is Low compared to the average in BC.

Median Household Income near this dwelling with the address 306 15611 MARINE DRIVE, White Rock BC V4B 1E1, White rock, BC is $81888 which is Above Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2866635 is $42470 which is High in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 53.4% which is Below Average.

Unemployment rate in the area around Real Estate Listing # R2866635 is 5.4 which is Low in comparison to the other province neighbourhoods.

This real estate is located in 306 15611 MARINE DRIVE, White Rock BC V4B 1E1 White Rock where population change between 2011 and 2016 was 3.5%. This is Above Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 306 15611 MARINE DRIVE, White Rock BC V4B 1E1, White rock, BC is 4097.1 which is High people per sq.km.

Average size of families in the area adjacent to home for sale 306 15611 MARINE DRIVE, White Rock BC V4B 1E1 is 2.6. This is Low number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2866635 is 45.3% and it is Low. % of Married or living common law is around 58.7% and it is Average.

Average age of the population close to the 306 15611 MARINE DRIVE, White Rock BC V4B 1E1 is 48.7 . This percentage is High in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 306 15611 MARINE DRIVE, White Rock BC V4B 1E1, White rock, BC is $1178220 and this is High comparing to other areas in British Columbia

Average Owner payments are High in the area adjacent to 306 15611 MARINE DRIVE, White Rock BC V4B 1E1. $1651 owners spent in average for the dwelling. Tenants are paying $1376 in this district close to MLS® R2866635 and it is High comparing to other cities.

31.4% of Population in this district near the 306 15611 MARINE DRIVE, White Rock BC V4B 1E1 are Renters and it is Above Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 306 15611 MARINE DRIVE, White Rock BC V4B 1E1, White rock, BC is 9.7%, it is Above Average, % of English speakers only is 89.3% and Average. % of Neither English nor French speakers close to home for sale 306 15611 MARINE DRIVE, White Rock BC V4B 1E1, White rock, BC is 1.2% and it is Average comparing to other BC cities.

5.6% of all population in the area around this property with the address 306 15611 MARINE DRIVE, White Rock BC V4B 1E1, White rock, BC using Public Transport which is Below Average, 86% of using population are using Cars around MLS® R2866635, which is Average. 0.6% of people using Bicycles around the 306 15611 MARINE DRIVE, White Rock BC V4B 1E1 and it is Below Average. 7.8% of population are walking which is Above Average

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Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 258.34
All calculations are estimates and provided by Estateblock.com for informational purposes only. Actual amounts may vary.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Estateblock.com from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates. Insurance rates are very approximate and for informational purposes only.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All calculations are estimates and provided by Estateblock.com for informational purposes only. Actual amounts may vary.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Estateblock.com from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates. Insurance rates are very approximate and for informational purposes only.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $1,175,000
White rock $648,505
White Rock $624,061
Data is based on list prices of similar active listings. 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 Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
Data is based on list prices of similar active listings. 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 Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Call or Text Now!
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