1040 Lee St, White Rock BC – House for Sale – MLS® R3166628

1040 Lee Street, White Rock, British Columbia V4B 4P1

39 days on the market
$2,950,000
Est. Mortgage $13,051/mo
Listing updated:
EstateBlock checked:
6 Beds
7 Baths
5855 sqft
504 $ /sqft
2011 built
Foreclosures
39 days on the market
$2,950,000
Est. $13,051/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 1040 Lee Street

Foreclosures

FORECLOSURE Opportunity. Set on a large 7,688 sq. ft. lot with sweeping OCEAN and MOUNTAIN VIEWS, this 5,855 sq. ft. home is designed for seamless indoor outdoor living. The main floor features an open layout connecting the kitchen, living room, and dining room around a double sided fireplace. The primary bedroom offers a luxurious bathroom, walk-in closet, and laundry area. With 3 additional bedrooms and a home office, space is abundant. Entertaining is effortless with a covered view deck, BBQ area, and a ROOFTOP DECK with panoramic ocean views. Downstairs includes a movie room and a legal 2 bedroom suite with a covered entrance. Every level has its own laundry setup for maximum convenience. Located close to White Rock Beach, nearby dining, shopping, top schools, and local golf courses.

Interior Features

Basement Finished Area (sqft) 1864
Basement Features Finished
Fireplace 3
Heating Type Forced Air
Laundry In Unit
# of Kitchens 2
Flooring Hardwood
Foundation Concrete Perimeter

Exterior Features

Exterior Features Balcony
View Description Ocean and Mountain Views
Roof Torch-On
Structures Residential Detached

Building Details

Price $2,950,000
Total Bedrooms 6
Total Bathrooms 7
Full Bathrooms 5
Half Bathrooms 2
Floor Area Total (sqft) 5855
Year Built 2011
Age Of Building 15
Building Type Single Family Residence
Property Type Residential
Stories 2
Ownership Type Freehold NonStrata
Community Features Shopping Nearby
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Garage Double, Open, Front Access
Total Parking Spaces 6
Rental Suites Legal Suite

Lot & Land

Lot Size 7688
Lot Size Depth Feet
Lot Size Frontage 62
MLS® # R3166628
Area South Surrey White Rock
Neighbourhood White Rock
City White Rock
Postal Code V4B 4P1
Gross Taxes $15,183
Zoning RS1

Property Timeline

Status Date Price
R3166628 / Active 09-12-2026 $2,950,000
to view full Property History (2 earlier records)
Rooms
Floor Type Dimensions
Above Level Living Room 17'1 x 17'1 ft
Above Level Dining Room 16'8 x 16'8 ft
Above Level Kitchen 21'4 x 21'4 ft
Above Level Eating Area 14'1 x 14'1 ft
Above Level Primary Bedroom 18'6 x 18'6 ft
Main Level Bedroom 14'8 x 14'8 ft
Main Level Walk-In Closet 5'8 x 5'8 ft
Main Level Bedroom 14'2 x 14'2 ft
Main Level Walk-In Closet 6'3 x 6'3 ft
Main Level Bedroom 14'6 x 14'6 ft
Main Level Walk-In Closet 5'5 x 5'5 ft
Main Level Office 12'8 x 12'8 ft
Main Level Laundry 17'1 x 17'1 ft
Main Level Storage 13'11 x 13'11 ft
Main Level Foyer 15'2 x 15'2 ft
Below Living Room 14'1 x 14'1 ft
Below Dining Room 18'8 x 18'8 ft
Below Kitchen 11'1 x 11'1 ft
Below Bedroom 14'2 x 14'2 ft
Below Walk-In Closet 6' x 6' ft
Below Bedroom 14'1 x 14'1 ft
Below Walk-In Closet 6'7 x 6'7 ft
Below Recreation Room 20'8 x 20'8 ft
Below Laundry 7'7 x 7'7 ft
Bathrooms
Floor Ensuite Pieces
Above Level Yes #5
Above Level No #2
Main Level Yes #3
Main Level Yes #3
Main Level Yes #3

Listed by: Royal LePage West Real Estate Services

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 0.68 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 2.08 km 8.1/10
Elementary, Secondary
White Rock Christian Academy
Above Average 2.73 km 8.9/10

Closest Transit

Bus Stop
Westbound Columbia Ave @ Maple St
0.32 km
Skytrain
Skytrain @ Willowbrook Station ( Under Construction till 2029)
12.97 km

Crime Rate

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

Demographics

Post-Secondary Education
Average 27%
No Certificate/Degree
Below Average 7.3%
Owner Occupied
Below Average 53.4%
Employment Rate
Below Average 45.3%

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

52 / 100
Overall sell-speed score
Moderate pace expected
A
Price competition grade
Avg comparable: $3,330,550
Buyer's
Market conditions
Buyer's market — more supply than demand
Flood Risk
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 12.97 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
39 DOM
Listed
White Rock avg
—
—
White Rock avg
—
—

1040 Lee Street has a sell-speed score of 52/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 12.9% below comparable active properties in White Rock, which is a strong competitive signal. The local market is currently a Buyer's Market with a sales-to-active ratio of 7.8% — buyers have more leverage. With only 616 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 4P1

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V4B 4P1, 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. Nearest station: Surrey East, Surrey (~14.2 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 · 488 m · Restaurant
  • Washington avenue grill · 521 m · Restaurant
  • Montgomery's cottage lunch · 535 m · Restaurant

Shopping (8 nearby)

  • Waxbox · waxbro · 470 m · Beauty Shop
  • Gardenia beauty bar · 472 m · Beauty Shop
  • Yellow orchid hair and beauty studio · 477 m · Hairdresser

Groceries (4 nearby)

  • Sunlight market & vape shop · 483 m · Convenience
  • White rock convenience store · 523 m · Convenience
  • Marine drive liquor store · 531 m · Beverages

Cafes (3 nearby)

  • Finlay's east beach café · 504 m · Cafe
  • Leieve tea · 518 m · Cafe
  • Verandah cafe by the beach · 530 m · Cafe

Transit (1 nearby)

  • Bus stop westbound russell ave @ habgood st · 997 m · Transit

Schools NearBy

13 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

676 m

Peace Arch Elementary

Public

Grades Served

—

Catchment Info

—
5.9 / 10

Distance

681 m

White Rock Elementary

Public

Grades Served

—

Catchment Info

—
5.9 / 10

Distance

1.03 KM

White Rock Elementary School

Public

Grades Served

K-7

Catchment Info

—
5.9 / 10

Distance

1.04 KM

South Meridian Elementary School

Public

Grades Served

K-7

Catchment Info

—
5.4 / 10

Distance

1.20 KM

Earl Marriott Secondary

Public

Grades Served

—

Catchment Info

—
9.6 / 10

Distance

1.57 KM

Newbridge Academy

Independent

Grades Served

—

Catchment Info

—
8.1 / 10

Distance

2.08 KM

Jessie Lee Elementary School

Public

Grades Served

K-7

Catchment Info

—
5.2 / 10

Distance

2.17 KM

H T Thrift Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.8 / 10

Distance

2.35 KM

Semiahmoo Secondary School

Public

Grades Served

8-12

Catchment Info

—
8.0 / 10

Distance

2.49 KM

South Surrey White Rock Learning Centre

Public

Grades Served

10-12

Catchment Info

—
3.8 / 10

Distance

2.68 KM

White Rock Christian Academy

Independent

Grades Served

K-12

Catchment Info

—
8.9 / 10

Distance

2.73 KM

Star of the Sea

Independent

Grades Served

—

Catchment Info

—
4.6 / 10

Distance

2.99 KM

Walkability & Transit Near 1040 Lee Street

Walk Score Badge
Car-Dependent 75

Walk Score - Very Walkable

Most 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
43

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Mortgage Calculator for 1040 Lee Street

/month
Principal & Interest
Property Taxes $1,265
Maintenance fee 0
Based on a 30-year fixed at 4% interest with 20% down ($590,000), the estimated monthly payment for this listing is $12,532/month — $11,267 principal & interest, $1,265 property tax.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
At an estimated rental income of $8,000/month, this property runs a $4,777/month shortfall after mortgage and carrying costs. Break-even requires approximately 54% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 1040 Lee 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 $2,950,000
White Rock Loading...
White Rock Loading...

Based on 3 comparable active Single Family Residences in White Rock, the average asking price is $3,386,000. This listing is priced 12.9% below the neighbourhood average. This property is flagged as a Hot Deal (Foreclosures) 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 Greater Vancouver REALTORS® 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

Earn Cashback on Your Purchase

Potential Cashback for this listing if you buy with us

$0
out of $17,988
0 of 21 missions

Sign up on Estateblock.com

$899 / 5.00%

Buy with us & save on this property

Walkability & Transit Near 1040 Lee Street

Walk Score Badge
Car-Dependent 75

Walk Score - Very Walkable

Most 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
43

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Similar Single Family Residences for Sale in White Rock

1087 Finlay Street, White Rock, BC

$2,690,000

1087 Finlay Street, White Rock, BC
6 Beds
7 Baths
5694 sqft
2007 built
MLS® R3161422, Macdonald Realty (White Rock)
942 Keil Street, White Rock, BC

$2,399,000

942 Keil Street, White Rock, BC
3 Beds
4 Baths
3654 sqft
2010 built
MLS® R3148842, RE/MAX Colonial Pacific Realty
990 Balsam Street, White Rock, BC

$2,488,000

990 Balsam Street, White Rock, BC
4 Beds
3 Baths
4164 sqft
1972 built
MLS® R3127513, CASM Global Real Estate Corporation
1072 Habgood Street, White Rock, BC

$3,488,000

1072 Habgood Street, White Rock, BC
8 Beds
8 Baths
7410 sqft
2024 built
MLS® R3174766, LPT Realty ULC
1232 Parker Street, White Rock, BC

$2,999,000

1232 Parker Street, White Rock, BC
10 Beds
8 Baths
6200 sqft
2026 built
MLS® R3163307, eXp Realty of Canada Inc.
15911 Cliff Avenue, White Rock, BC

$3,299,000

15911 Cliff Avenue, White Rock, BC
7 Beds
9 Baths
5800 sqft
2023 built
MLS® R3163477, eXp Realty of Canada Inc.
1245 Kent Street, White Rock, BC

$2,799,000

1245 Kent Street, White Rock, BC
4 Beds
5 Baths
4533 sqft
2022 built
MLS® R3114451, Nu Stream Realty Inc. & Nu Stream Realty Inc.
15881 Buena Vista Avenue, White Rock, BC

$2,868,000

15881 Buena Vista Avenue, White Rock, BC
5 Beds
7 Baths
5538 sqft
2017 built
MLS® R3156707, Dracco Pacific Realty
1265 Kent Street, White Rock, BC

$3,349,000

1265 Kent Street, White Rock, BC
4 Beds
6 Baths
4700 sqft
2023 built
MLS® R3154233, Royal LePage - Wolstencroft
1126 Stevens Street, White Rock, BC

$3,089,000

1126 Stevens Street, White Rock, BC
6 Beds
8 Baths
6480 sqft
2019 built
MLS® R3097964, RE/MAX Colonial Pacific Realty
15679 Roper Avenue, White Rock, BC

$3,299,000

15679 Roper Avenue, White Rock, BC
7 Beds
9 Baths
6253 sqft
2026 built
MLS® R3173051, Royal LePage Global Force Realty
15441 Royal Avenue, White Rock, BC

$2,798,000

15441 Royal Avenue, White Rock, BC
7 Beds
6 Baths
4880 sqft
2000 built
MLS® R3154285, Sutton Group-West Coast Realty (Surrey/24)

Recently Sold Homes Near 1040 Lee Street

17298 0a Avenue, Surrey, BC, Surrey — Single Family Residence for sale
17298 0a Avenue, Surrey, BC, Surrey — Single Family Residence for sale
17298 0a Avenue, Surrey, BC, Surrey — Single Family Residence for sale
17298 0a Avenue, Surrey, BC, Surrey — Single Family Residence for sale
17298 0a Avenue, Surrey, BC, Surrey — Single Family Residence for sale
Sold

17298 0a Avenue, Surrey, BC

7 Beds
7 Baths
6013 sqft
2016 built
MLS® R2801645, Sutton Group-West Coast Realty (Surrey/24)
13018 Marine Drive, Surrey, BC, Surrey — Single Family Residence for sale
13018 Marine Drive, Surrey, BC, Surrey — Single Family Residence for sale
13018 Marine Drive, Surrey, BC, Surrey — Single Family Residence for sale
13018 Marine Drive, Surrey, BC, Surrey — Single Family Residence for sale
13018 Marine Drive, Surrey, BC, Surrey — Single Family Residence for sale
Sold

13018 Marine Drive, Surrey, BC

7 Beds
5 Baths
5352 sqft
2004 built
MLS® R2981033, Royal Pacific Realty (Kingsway) Ltd.
14433 Blackburn Crescent, White Rock, BC, White rock — Single Family Residence for sale
14433 Blackburn Crescent, White Rock, BC, White rock — Single Family Residence for sale
14433 Blackburn Crescent, White Rock, BC, White rock — Single Family Residence for sale
14433 Blackburn Crescent, White Rock, BC, White rock — Single Family Residence for sale
14433 Blackburn Crescent, White Rock, BC, White rock — Single Family Residence for sale
Sold

14433 Blackburn Crescent, White Rock, BC

6 Beds
5 Baths
4857 sqft
2015 built
MLS® R2896937, Royal Pacific Riverside Realty Ltd.
19707 31a Avenue, Langley, BC, Langley — Single Family Residence for sale
19707 31a Avenue, Langley, BC, Langley — Single Family Residence for sale
19707 31a Avenue, Langley, BC, Langley — Single Family Residence for sale
19707 31a Avenue, Langley, BC, Langley — Single Family Residence for sale
19707 31a Avenue, Langley, BC, Langley — Single Family Residence for sale
Sold

19707 31a Avenue, Langley, BC

8 Beds
9 Baths
6175 sqft
2024 built
MLS® R2869402, Royal LePage Global Force Realty
20142 27a Avenue, Langley, BC, Langley — Single Family Residence for sale
20142 27a Avenue, Langley, BC, Langley — Single Family Residence for sale
20142 27a Avenue, Langley, BC, Langley — Single Family Residence for sale
20142 27a Avenue, Langley, BC, Langley — Single Family Residence for sale
20142 27a Avenue, Langley, BC, Langley — Single Family Residence for sale
Sold

20142 27a Avenue, Langley, BC

6 Beds
7 Baths
5838 sqft
2024 built
MLS® R2851517, Royal LePage Little Oak Realty
15671 Roper Avenue, White Rock, BC, White Rock — Single Family Residence for sale
15671 Roper Avenue, White Rock, BC, White Rock — Single Family Residence for sale
15671 Roper Avenue, White Rock, BC, White Rock — Single Family Residence for sale
15671 Roper Avenue, White Rock, BC, White Rock — Single Family Residence for sale
15671 Roper Avenue, White Rock, BC, White Rock — Single Family Residence for sale
Sold

15671 Roper Avenue, White Rock, BC

8 Beds
8 Baths
5633 sqft
2022 built
MLS® R3082078, eXp Realty of Canada, Inc.