15517 MARINE DRIVE
White Rock, BC V4B1C9
$2,099,999
Property Details
Ownership & Fees
- Property type
- Other
- Annual property tax
- $13,929.47 (2025)
Interior
- Fireplace
- None
Listing Information
- MLS®
- C8076800
- Listed
- March 6, 2026
- Time on market
- On the market for 190 days
- Tax assessment year
- 2025
- Data last synced
- September 13, 2026
Listing provided by: Century 21 Coastal Realty Ltd. · Data source: CREA DDF.
Description
Rare opportunity to own a prime ocean-view commercial building overlooking the iconic White Rock Pier. This property features 5 total units, including a restaurant space and four rental units, all enjoying panoramic, unobstructed beach and ocean views. Strong income potential with estimated rental revenue of $10,000-$12,000 per month. Located in a high-traffic beachfront area with excellent exposure. Zoned CR-4 (Commercial / Residential Mixed-Use) allowing future redevelopment potential with commercial space below and residential above. Excellent holding property, income investment, or future development opportunity in one of White Rock's most desirable locations. (id:63159)
Values & Trends
This listing
—
Building average
—
No other active listings in this building
White Rock average
$289/sqft
2 active listing(s)
Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.
Location Insights
Weather
16°C
—
Humidity 70%
Wind WSW 2 km/h
Tonight
13°
Sunday
17°
Sunday night
13°
Monday
18°
Monday night
13°
Tuesday
19°
Source: Environment and Climate Change Canada.
Population
21,939
(2021 Census)
+10% since 2016
Density: 4,243.5/km²
Dwellings: 11,541
Median household income: $73,000
After-tax: $65,000
Immigrant population: 29%
Top countries of origin (% of total population)
- United Kingdom4.6% · 1,020
- China4.4% · 965
- India3% · 650
- United States of America1.8% · 395
- Philippines1.5% · 330
- Germany1% · 220
- Taiwan0.6% · 135
- South Africa, Republic of0.5% · 110
Source: Statistics Canada, 2021 Census of Population.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| St John Paul II Academy(Independent) | Secondary | 813 m |
| White Rock Elementary | Elementary | 973 m |
| Peace Arch Elementary | Elementary | 1.2 km |
| Earl Marriott Secondary | Elementary | 1.6 km |
| South Meridian Elementary | Elementary | 1.7 km |
| Newbridge Academy(Independent) | Elementary | 2.3 km |
| H T Thrift Elementary | Elementary | 2.3 km |
| Semiahmoo Secondary | Elementary | 2.5 km |
Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.
Nearby Transit
| Stop | Type | Distance |
|---|---|---|
| Eastbound Marine Dr @ Balsam St | — | 134 m |
| Westbound Marine Dr @ Balsam St | — | 137 m |
| Westbound Columbia Ave @ 15500 Block | — | 205 m |
| Eastbound Marine Dr @ Finlay St | — | 228 m |
| Eastbound Columbia Ave @ Maple St | — | 233 m |
Nearby Places
Restaurants (5+)
- Bandra Cafe · 15519 Marine Drive9 m
- Montgomery's Cottage Lunch · 15539 Marine Drive52 m
- Zapoteca Mexican Grill & Seafood · 15495 Marine Drive59 m
- Coney Island Fish and Chips · 15487 Marine Drive74 m
- Washington Avenue Grill · 15782 Marine Drive532 m
Cafes (3)
- Leieve Tea · 15581 Marine Drive159 m
- Finlay's East Beach Café · 15611 Marine Drive212 m
- Verandah Cafe by the Beach544 m
Parks (5+)
- Terry Parr Plaza34 m
- Unnamed130 m
- Unnamed153 m
- Unnamed172 m
- Balsam Street Greenbelt172 m
Nearby places data: © OpenStreetMap contributors.
School district: Surrey (SD36)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($420,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.