Property Type: Detached HouseOwnership: Freehold

15695 THRIFT AVENUE

White Rock, BC V4B2M3

$1,399,999

3 bed2 bath4 parking1,105 sqftBuilt 1951
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Property Details

Property & Lot

Sub-type
House
Lot size
10,640 square feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$7,755.76 (2025)

Interior

Basement
None, Unknown
Heating
Forced air, Natural gas
Fireplace
Yes (1)

Exterior & Lot

View
City view

Parking

Total spaces
4 — uncovered indicated
Features
Open

Listing Information

MLS®
R3106543
Listed
April 2, 2026
Time on market
On the market for 151 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: RE/MAX 2000 Realty · Data source: CREA DDF.

Description

Prime Development Opportunity with RS-2 (SSMUH) Zoning, Rarely does a lot of this scale-over 10,600 sq. ft.-become available situated in the heart of White Rock. Zoned RS-2 (SSMUH), this property offers versatile development pathways, including a sophisticated house-plex, semi-detached residences, or a boutique rowhome project with capacity for up to four units. The site currently features a well-maintained 3-bedroom, 2-bathroom residence, offering immediate rental income or holding value while you finalize your vision. Perfectly positioned for convenience, you are minutes from Semiahmoo Mall, top-tier schools, Highway 99, premier golf courses, and the iconic White Rock beach. Book your private showing ,This won't last long. (id:63159)

Values & Trends

This listing

$1,267/sqft

Building average

No other active listings in this building

White Rock average

$782/sqft

147 active listing(s)

Parking: 4 stall(s) includedStorage locker: Not indicated

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.

Detached (House) Market Stats — White Rock

Monthly figures from the Fraser Valley Real Estate Board for White Rock detached (house)listings — not specific to this property.

MLS® HPI Benchmark Price

$1,578,300

Jul 2026

Average Sale Price

$1,713,071

Jul 2026

Monthly Sales

7

Jul 2026

Active Listings

151

Jul 2026

Sales-to-Active Ratio

5.0%

Jul 2026

Median Days to Contract

11 days

Jul 2026

MLS® HPI Benchmark Price

$2,030,000
$1,578,300
Aug '21Aug '22Aug '23Aug '24Aug '25Jul '26

Source: Fraser Valley Real Estate Board (FVREB).

Location Insights

Weather

17°C

Humidity 80%

Wind SW calm km/h

Tonight

14°

Tuesday

21°

Tuesday night

16°

Wednesday

19°

Wednesday night

14°

Thursday

17°

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.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

15

2/9 categories nearby

Transit

33

5 stop(s) within 800m

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Peace Arch ElementaryElementary429 m
Earl Marriott SecondaryElementary443 m
White Rock ElementaryElementary944 m
St John Paul II Academy(Independent)Secondary1.0 km
South Meridian ElementaryElementary1.1 km
Jessie Lee ElementaryElementary1.5 km
Newbridge Academy(Independent)Elementary1.5 km
H T Thrift ElementaryElementary2.0 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

StopTypeDistance
Eastbound Russell Ave @ Lee St184 m
Westbound Russell Ave @ Lee St198 m
Eastbound Russell Ave @ Finlay St246 m
Westbound Russell Ave @ Kent St252 m
Eastbound Russell Ave @ Kent St260 m

Nearby Places

Cafes (1)

  • Tim Hortons461 m

Parks (5+)

  • MacCaud Park263 m
  • Goggs Park424 m
  • Dr. R.J. Allan Hogg Rotary Park · 15479 Buena Vista Avenue536 m
  • Davey Park579 m
  • Unnamed657 m

Nearby places data: © OpenStreetMap contributors.

School district: Surrey (SD36)

Mortgage & Ownership Cost Calculator

Minimum required: 8.2% ($115,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,119,999.00
Periodic payment — Principal & Interest (monthly)$7,225.85
Additional monthly expenses (strata, tax, utilities, etc.)$701.31
Total monthly cost$7,927.17
Interest paid over 5-yr term$320,994.93
Balance at end of term$1,007,442.72

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$115,000
Stress test qualifying rate8.09%
Payment you must qualify for$9,881.19

Cash Needed at Closing

Minimum down payment$115,000
Estimated BC PTT$26,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$142,500

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.

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