1 1040 Parker St, White Rock BC - Apartment/Condo for Sale - MLS# R3137399

97 days on the market
$625,000
Est. Mortgage $2,765/mo
Listing updated:
EstateBlock checked:
Tambuda Court
2 Beds
1 Baths
1210 sqft
517 $ /sqft
400 $ Maint. fee
1961 built
5.3% price reduction
97 days on the market
$625,000
$660,000
Est. $2,765/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 1 1040 Parker Street

5.3% price reduction

Rare opportunity to own a beautifully maintained ocean view residence in an exclusive 4 unit cooperative community just moments from White Rock Beach. This spacious 2 bedroom, 1 bath corner home offers nearly 1,200 sq. ft. of bright living space, featuring updated flooring, a cozy gas fireplace, and an enclosed solarium with in-floor heating for year-round enjoyment. Expansive south facing windows and deck showcase stunning ocean vistas, while the private garden area provides a peaceful outdoor retreat. Recent building improvements include a new roof, skylights, and updated windows. Complete with covered parking, storage, and a welcoming long-term ownership community. Ideally located near the waterfront, restaurants, shopping, and recreation. Age 55+ community.

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Dishwasher, Refrigerator, Stove
Interior Features Storage
Fireplace 1
Heating Type Electric, Forced Air, Natural Gas
Laundry Common Area
# of Kitchens 1
Flooring Hardwood
Foundation Slab

Exterior Features

Exterior Features Garden, Balcony, Private Yard
View Description Ocean View
Roof Torch-On
Structures Multi Family, Residential Attached

Building Details

Price $625,000
Total Bedrooms 2
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 1210
Year Built 1961
Age Of Building 65
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Trash, Maintenance Grounds, Sewer, Snow Removal, Water
Building Name Tambuda Court
Ownership Type Shares in Co-operative
Maintenance Fee $400
Community Features Adult Oriented, Shopping Nearby
Amenities Nearby Trash, Maintenance Grounds, Sewer, Snow Removal, Water
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public
Parking Type Carport Single, Lane Access, Rear Access, Asphalt
Total Parking Spaces 1
Strata Restrictions Age Restrictions,Pets Allowed w/Rest.,Age Restricted 55+
Pet Restrictions Cats OK, Dogs OK, Yes With Restrictions
Rental Suites None

Lot & Land

MLS® # R3137399
Area South Surrey White Rock
Neighbourhood White Rock
City White Rock
Postal Code V4B 4R7
Gross Taxes $3,192.1
Zoning RM 2
Rooms
Floor Type Dimensions
Main Level Foyer 9'7 x 9'7 ft
Main Level Primary Bedroom 14'11 x 14'11 ft
Main Level Bedroom 15'5 x 15'5 ft
Main Level Living Room 18'11 x 18'11 ft
Main Level Kitchen 9'11 x 9'11 ft
Main Level Dining Room 8'0 x 8'0 ft
Main Level Solarium 19'10 x 19'10 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #3

Listed by: The Agency White Rock

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.

Map & Neighbourhood

Public Schools

Elementary
Peace Arch Elementary School
Average 0.36 km 5.9/10

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

Private Schools

Elementary
Newbridge Academy
Above Average 1.85 km 8.1/10
Elementary, Secondary
White Rock Christian Academy
Above Average 2.46 km 8.9/10

Closest Transit

Bus Stop
Eastbound Buena Vista Ave @ Parker St
0.03 km
Skytrain
Skytrain @ Clayton Station ( Under Construction till 2029)
12.66 km

Crime Rate

Total Crime Rate
Above Average
Violent Crime Rate
Average
Property Crime Rate
Above Average

Demographics

Post-Secondary Education
Average 28.2%
No Certificate/Degree
Below Average 10.9%
Owner Occupied
Below Average 56.8%
Employment Rate
Average 59.9%

Noise/ Power Lines

Road/Hwy Noise
Possible
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Sell Speed & Competition

60 / 100
Overall sell-speed score
Moderate pace expected
Price competition grade
No comparable data
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 12.66 km from station
Road / Highway noise
Possible — major road nearby
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How WHITE ROCK compares
This property
97 DOM
Listed
White Rock avg
White Rock avg

1 1040 Parker Street has a sell-speed score of 60/100, placing it in the "Expected to sell at a moderate pace" band. The listing is has limited comparable pricing data available. The local market is currently a Balanced Market with a sales-to-active ratio of 16.2% — conditions are balanced. With only 321 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Climate Risk for V4B 4R7

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V4B 4R7, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).

Flood Lower Risk

Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.

Fire Low

Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.

Air Quality A / Excellent

Annual avg PM2.5 4.6 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: Surrey East, Surrey (~13.8 km). Annual avg AQHI 1.8 — Low Risk.

Heat Low

White Rock currently sees ~0 days above 30 °C per year (1981–2010 baseline), projected to rise to ~5 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~29.3 °C baseline, ~31.8 °C projected. Tropical nights (>18 °C): ~0 baseline, ~1 projected.

Precipitation Increasing

Annual precipitation ~1323 mm (1981–2010 baseline), projected ~1376 mm by the 2050s. Extreme 1-day rainfall: ~46.4 mm baseline, ~51.1 mm projected. Values vary modestly across the Lower Mainland.

Drought Stable

Longest annual dry spell (consecutive dry days): ~25 days baseline, ~26 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.

Nearby Restaurants, Cafes & Shops

Restaurants (13 nearby)

  • La baia ristorante italiano · 798 m · Restaurant
  • Washington avenue grill · 838 m · Restaurant
  • Montgomery's cottage lunch · 845 m · Restaurant

Shopping (8 nearby)

  • Gardenia beauty bar · 794 m · Beauty Shop
  • Yellow orchid hair and beauty studio · 794 m · Hairdresser
  • Waxbox · waxbro · 806 m · Beauty Shop

Groceries (4 nearby)

  • Sunlight market & vape shop · 796 m · Convenience
  • Marine drive liquor store · 843 m · Beverages
  • White rock convenience store · 844 m · Convenience

Cafes (4 nearby)

  • Finlay's east beach café · 836 m · Cafe
  • Leieve tea · 844 m · Cafe
  • Verandah cafe by the beach · 845 m · Cafe

Transit (1 nearby)

  • Bus stop eastbound columbia ave @ centre st · 863 m · Transit

Schools NearBy

15 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Peace Arch Elementary School

Public

Grades Served

K-7

Catchment Info

In Catchment
5.9 / 10

Distance

365 m

Peace Arch Elementary

Public

Grades Served

Catchment Info

5.9 / 10

Distance

412 m

White Rock Elementary

Public

Grades Served

Catchment Info

5.9 / 10

Distance

988 m

White Rock Elementary School

Public

Grades Served

K-7

Catchment Info

5.9 / 10

Distance

1.01 KM

South Meridian Elementary School

Public

Grades Served

K-7

Catchment Info

5.4 / 10

Distance

1.02 KM

Earl Marriott Secondary

Public

Grades Served

Catchment Info

9.6 / 10

Distance

1.30 KM

Newbridge Academy

Independent

Grades Served

Catchment Info

8.1 / 10

Distance

1.85 KM

Jessie Lee Elementary School

Public

Grades Served

K-7

Catchment Info

5.2 / 10

Distance

1.88 KM

H T Thrift Elementary School

Public

Grades Served

K-7

Catchment Info

6.8 / 10

Distance

2.24 KM

South Surrey White Rock Learning Centre

Public

Grades Served

10-12

Catchment Info

3.8 / 10

Distance

2.36 KM

Semiahmoo Secondary School

Public

Grades Served

8-12

Catchment Info

8.0 / 10

Distance

2.36 KM

White Rock Christian Academy

Independent

Grades Served

K-12

Catchment Info

8.9 / 10

Distance

2.46 KM

Star of the Sea

Independent

Grades Served

Catchment Info

4.6 / 10

Distance

2.74 KM

Star of the Sea School

Independent

Grades Served

K-7

Catchment Info

8.7 / 10

Distance

2.81 KM

Southridge School

Independent

Grades Served

K-12

Catchment Info

10.0 / 10

Distance

2.97 KM

Walkability & Transit Near 1 1040 Parker Street

Walk Score Badge
Car-Dependent 60

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 0

Transit Score - Minimal Transit

It is possible to get on a bus
Bike Score Badge
Somewhat
Bikeable
60

Bike Score - Bikeable

Some bike infrastructure

Mortgage Calculator for 1 1040 Parker Street

/month
Principal & Interest
Property Taxes $266
Maintenance fee 400
Based on a 30-year fixed at 4% interest with 20% down ($125,000), the estimated monthly payment for this listing is $3,053/month — $2,387 principal & interest, $266 property tax, $400 maintenance fee.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
At an estimated rental income of $2,240/month, this property runs a $864/month shortfall after mortgage and carrying costs. Break-even requires approximately 49% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 1 1040 Parker Street, White Rock

Buy Vs Rent Calculator

/ month
Rent
Own
Principal: Interest, tax, insurance, fees:

Rent vs own

Principal paid off by year 5
Principal paid off by year 10

Approximate estimates for informational purposes only, not financial advice. Assumes a new 30-year fixed mortgage at the rate shown; actual rent, payments, and equity will vary by loan terms and market conditions. Consult a licensed professional before deciding.

Price vs Neighbourhood Average — White Rock, White Rock

Beds Home Types Square Feet Lot Size Year Built
This Home $625,000
White Rock Loading...
White Rock Loading...

No active comparable properties are currently available for this property type in White Rock. The price evaluation chart will update as similar listings enter the market. This property is flagged as a Hot Deal (5.3% price reduction) based on its competitive pricing and market demand.

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

Call or Text Now!

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 13+ Years of Experience Serving Greater Vancouver

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Walkability & Transit Near 1 1040 Parker Street

Walk Score Badge
Car-Dependent 60

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 0

Transit Score - Minimal Transit

It is possible to get on a bus
Bike Score Badge
Somewhat
Bikeable
60

Bike Score - Bikeable

Some bike infrastructure

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