209 15611 Marine Dr, White Rock, BC | MLS^® R3056752 Property Details

**INVESTOR ALERT** 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 2024 was $44040, 2023 $44,796, 2022 $43,509. Visit the hotel website to view the video, hotel history, awards and wide range of room photos. Ownership includes (1) King Suite. w/kitchenette and (1) Two-Double Bed Lock-Off Room. Owners get 7 nights per year and discounted rates for longer stays included in ownership.

General Info

Price $929,900

Total Bedrooms 0

Total Bathrooms 2

Half Bathrooms 0

Floor Area Total (sqft) 834

Lot Size -

Lot Size Depth -

Lot Size Frontage -

Basement None

Basement Features BasementFeatures

Property Metrics

Year Built 2003

Age Of Building 22

Building Type Apartment/Condo

Property Type Residential

Architecture Style Other

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^® # R3056752

Area South Surrey White Rock

Neighbourhood White Rock

City White Rock

Gross Taxes $4,129.57

Ownership Type Freehold Strata

Maintenance Fee -

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

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected

Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer

Water (WaterSource) Public

Parking

Parking Type Underground, Guest, Side Access

Total Parking Spaces -

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Strata Restrictions Pets Allowed w/Rest.,Rentals Allowed,Smoking Restrictions

Pet Restrictions Cats OK, Dogs OK, Yes With Restrictions

Rental Restrictions 100

Zoning COMMER

Rental Suites -

# of Kitchens 0

Foundation Concrete Perimeter

Interior Features Elevator

Locker -

View -

View Description -

Units In Development 42

Sewer Public Sewer, Sanitary Sewer, Storm Sewer

Roof Other

Property History

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Status	Date	Price

Listed by: Hugh & McKinnon Realty Ltd.

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

1.18 km

5.5/10

Secondary

Earl Marriott Secondary School

1.7 km

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary, Secondary

Eaton Arrowsmith School White Rock

1.82 km

Elementary, Secondary

Eaton Arrowsmith School White Rock

1.82 km

Closest Transit

Bus Stop

Eastbound Marine Dr @ Finlay St

0.03 km

Skytrain

Skytrain @ Willowbrook Station ( Under Construction till 2029)

13.47 km

Noise/ Power Lines

Road/Hwy Noise

Possible

Railway/Sky train Noise

Possible

Airport/Port Noise

Unlikely

Close to major Power Lines

Unlikely

Other

Agricultural Land Reserve (ALR)

Unlikely

Flood Area

Unlikely

Close to Cemeteries

Unlikely

Welcome to 209 15611 Marine Drive, White Rock, BC's hidden gem!

As we step into this charming community, you'll discover a unique blend of small-town charm and modern amenities. Let's start with the local schools, a crucial aspect for families considering this home for sale with MLS^® R3056752.

White Rock Elementary School: A gem in the neighborhood

Located just 1.18 km from 209 15611 Marine Drive, White Rock Elementary School is an excellent option for families. With a rating of 5.5/10, this school offers a solid education for your little ones. Just down the road, you'll find Earl Marriott Secondary School, which is about 1.7 km from this property. Earl Marriott Secondary School has a rating of No Rating, but its proximity to this home makes it an attractive option for families looking for a convenient school district.

Exploring the neighborhood's education scene

For families seeking an independent school setting, Eaton Arrowsmith School White Rock is the closest option, with a No Rating and located 1.82 km from this home. As a parent, it's reassuring to know that your child has access to quality education options in this community.

A safe and vibrant community

Now, let's talk about safety. According to the latest crime data from Statistics Canada (2020), this neighborhood has an overall crime rate of 8,651.18, which is Above Average compared to other Canadian cities. While there were 1,810 disturbance incidents, this number is relatively low. To put this into perspective, the year-by-year change in the total crime rate is 8.65%, indicating a stable trend.

Exploring the local crime statistics

Breaking down the crime statistics, we see that the drug crime rate is Above Average, with a rating of 320.24 and 67 illegal substances lawbreaking disturbances in 2020. However, the year-by-year change in the illegal substances offenses ranking is 16.15%, showing a slight increase. Property crimes in the neighborhood are also Above Average, with a rating of 3,962.34 and 829 incidents in 2020. The violent crime rate is Average, with 321 incidents in 2020, and a year-by-year change of 30.67%.

Getting around with ease

Convenience is key, and this neighborhood delivers. The closest Bus station is Eastbound Marine Dr @ Finlay St, just 0.03 km away from this listing with MLS^® R3056752. With a 27% university certificate/degree holder population, this neighborhood is an attractive option for professionals and families alike.

A look at the local demographics

In this community, 7.3% of the population has no certificate or degree, which is Low compared to the average in BC. The median household income near this dwelling is $81,888, which is Above Average in comparison with the British Columbia average. The median personal income is $42,470, which is High compared to the BC average. Importantly, 53.4% of households in this census subdivision have a mortgage, which is Below Average.

Unemployment and population growth

The unemployment rate in this area is 5.4%, which is Low compared to other province neighborhoods. Population growth in this community has been steady, with a 3.5% change between 2011 and 2016, which is Above Average in comparison to average growth rates in this region.

A snapshot of the community

To give you a better understanding of this community, here are some key statistics:

Population density per square kilometre is 4,097.1, which is High.
Average family size is 2.6, which is Low in comparison to the whole region.
45.3% of families with children, which is Low.
58.7% of Married or living common law, which is Average.
Average age of the population is 48.7, which is High in comparison to other BC cities.

Real estate context

The average value of dwellings in this neighborhood is $1,178,220, which is High compared to other areas in British Columbia. Average owner payments are High in this area, with $1,651 spent on average. Tenants pay an average of $1,376, which is also High compared to other cities.

A thriving community

With 31.4% of the population renting, this neighborhood is Above Average compared to other BC cities and areas. The linguistic diversity is also notable, with 9.7% of the population speaking English and French, and 89.3% speaking only English.

Transportation options

The transportation options in this community are diverse, with 5.6% of the population using public transport, 86% using cars, 0.

209 15611 Marine Dr, White Rock, BC, MLS^® R3056752