Property Type: Condo / ApartmentOwnership: Strata

202 1488 MERKLIN STREET

White Rock, BC V4B4C3

$539,898

2 bed2 bath1 parking1,210 sqftBuilt 1990
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Amenities

Also listed: Storage - Locker, Guest Suite, Laundry - In Suite

Property Details

Property & Lot

Sub-type
Apartment
Stories
3

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$611/mo
Annual property tax
$2,956 (2025)

Interior

Basement
None, Unknown
Heating
Baseboard heaters, Electric
Fireplace
Yes (1)

Parking

Total spaces
1 — uncovered indicated
Features
Underground

Restrictions & Policies

Pets
Allowed with restrictions

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Listing Information

MLS®
R3080352
Listed
January 16, 2026
Time on market
On the market for 227 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: One Percent Realty Ltd. · Data source: CREA DDF.

Description

Welcome to Brockton Place! This immaculate ONE OF A KIND remodelled 1,200 sq ft corner in a well-run, sought-after community of just 17 residences. Minutes from White Rock Beach, this bright and spacious 2-bedroom, 2-bathroom layout is filled with natural light and features a full utility room with full size stacker in-suite laundry. Enjoy summer breezes from two private balconies off the living and dining rooms. Extensive updates include a $35K kitchen remodel with quartz counters, new LG appliances and under-cabinet lighting, luxury vinyl flooring, crown mouldings, Hunter Douglas blinds, LED lighting, custom closets, Phantom screen door, updated fireplace, new hot water tank, heaters, stylish barn doors, baths, and lots more. Face recognition Entercom and steps to elevator, stairs, transit, shops, hospital, and uptown White Rock, everything you need is close by! (id:63159)

Values & Trends

This listing

$446/sqft

Building average

No other active listings in this building

White Rock average

$705/sqft

162 active listing(s)

Parking: 1 stall(s) includedStorage locker: Included

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.

Apartment Market Stats — White Rock

Monthly figures from the Fraser Valley Real Estate Board for White Rock apartmentlistings — not specific to this property.

MLS® HPI Benchmark Price

$537,700

Jul 2026

Average Sale Price

$784,779

Jul 2026

Monthly Sales

28

Jul 2026

Active Listings

171

Jul 2026

Sales-to-Active Ratio

16.0%

Jul 2026

Median Days to Contract

35 days

Jul 2026

MLS® HPI Benchmark Price

$673,100
$495,700
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

56

8/9 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
White Rock ElementaryElementary519 m
St John Paul II Academy(Independent)Secondary719 m
Earl Marriott SecondaryElementary865 m
Newbridge Academy(Independent)Elementary976 m
Peace Arch ElementaryElementary1.1 km
Jessie Lee ElementaryElementary1.2 km
H T Thrift ElementaryElementary1.3 km
Semiahmoo SecondaryElementary1.4 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 @ Merklin St21 m
Westbound Russell Ave @ Fir St151 m
Northbound Best St @ Vine Ave175 m
Eastbound Russell Ave @ George St185 m
Eastbound Russell Ave @ Hospital St234 m

Nearby Places

Restaurants (5+)

  • Kappa Japanese Restaurant · 1450 George Street209 m
  • Dining Wok Shanghai Restaurant · 15246 Russell Avenue236 m
  • Punje Spice Indian Restaurant · 1558 George Street255 m
  • Silver Dragon Restaurant · 1564 George Street268 m
  • Pho 777 Vietnamese Restaurant · 15230 Russell Avenue274 m

Cafes (5+)

  • Bean Around the World Coffees · 1400 Johnston Road335 m
  • Chez Christophe · 1558 Johnston Road335 m
  • Tim Hortons381 m
  • Leaf Tea Lounge · 1618 152 Street401 m
  • Pelican Rouge481 m

Grocery (4)

  • Thrifty Foods · 15181 Thrift Avenue399 m
  • Nature's Fare Markets · 15180 North Bluff Road419 m
  • Save-On-Foods · 1641 152 Street580 m
  • Fruiticana · 1812 152 Street716 m

Parks (5+)

  • Goggs Park275 m
  • Unnamed305 m
  • Bryant Park453 m
  • Dr. R.J. Allan Hogg Rotary Park · 15479 Buena Vista Avenue529 m
  • Unnamed614 m

Shopping (3)

  • Johnston Plaza · 1736 152 Street569 m
  • Semiahmoo Shopping Centre · 1701 152 Street580 m
  • Winners · 1715 152 Street665 m

Gyms (2)

  • PARC Fit & Wellness Centre342 m
  • Fitness World705 m

Pharmacies (5+)

  • White Rock Pharmacy · 1440 George Street231 m
  • Unnamed · 1381 George Street307 m
  • Rexall · 1463 Johnston Road339 m
  • Family Care Pharmacy · 1539 Johnston Road353 m
  • Shoppers Drug Mart · 15105 16 Avenue601 m

Banks & ATMs (5+)

  • Prospera Credit Union · 1451 Johnston Road353 m
  • RBC Royal Bank · 1586 Johnston Road359 m
  • Scotiabank · 15190 16 Avenue - North Bluff Road418 m
  • CIBC459 m
  • Coast Capital Savings508 m

Nearby places data: © OpenStreetMap contributors.

School district: Surrey (SD36)

Mortgage & Ownership Cost Calculator

Minimum required: 5.4% ($28,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$431,918.00
Periodic payment — Principal & Interest (monthly)$2,786.59
Additional monthly expenses (strata, tax, utilities, etc.)$917.84
Total monthly cost$3,704.43
Interest paid over 5-yr term$123,788.94
Balance at end of term$388,511.64

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$28,990
Stress test qualifying rate8.09%
Payment you must qualify for$3,928.71

Cash Needed at Closing

Minimum down payment$28,990
Estimated BC PTT$8,798
Legal / closing costs (typical estimate)$1,500
Total cash needed$39,288

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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