Property Type: Condo / ApartmentOwnership: Strata

PH512 14855 THRIFT AVENUE

White Rock, BC V4B2J6

$1,199,000

2 bed2 bath2 parking1,171 sqftBuilt 2015
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Amenities

Gym

Also listed: Storage - Locker, Recreation Centre, Laundry - In Suite

Property Details

Property & Lot

Sub-type
Apartment
Stories
5

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$612/mo
Annual property tax
$5,208 (2026)

Interior

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

Exterior & Lot

View
View

Parking

Total spaces
2 — uncovered indicated
Features
Underground, Underground

Restrictions & Policies

Pets
Allowed with restrictions
Rentals
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®
R3147570
Listed
July 17, 2026
Time on market
On the market for 45 days
Tax assessment year
2026
Data last synced
August 28, 2026

Listing provided by: Engel & Volkers Vancouver · Data source: CREA DDF.

Description

Recognized by the CHBA's National Awards for Housing Excellence and Georgie Awards, the Royce by Forge Properties is one of White Rock's premier luxury communities. Perched atop the building, this exceptional SW-facing penthouse offers 1,171sf of refined living with two bedrooms, two bathrooms, a den and breathtaking ocean views from the living areas, both bedrooms, and the expansive 308sf covered terrace. Beautifully appointed with Swedish oak hardwood floors, Viking appliances, quartz countertops, Carrara marble backsplash, a wet bar with a wine refrigerator, soaring 9- and 13-foot ceilings, custom built-ins and a crystal fireplace. Complete with two parking stalls, a storage locker, premium amenities, and just moments from White Rock Beach, the waterfront promenade, and the city centre. (id:63159)

Values & Trends

This listing

$1,024/sqft

Building average

$894/sqft

1 active listing(s)

White Rock average

$701/sqft

162 active listing(s)

Parking: 2 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

15°C

Humidity 90%

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

37

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
H T Thrift ElementaryElementary679 m
Semiahmoo SecondaryElementary823 m
White Rock ElementaryElementary843 m
St John Paul II Academy(Independent)Secondary939 m
Newbridge Academy(Independent)Elementary1.2 km
Bayridge ElementaryElementary1.5 km
Jessie Lee ElementaryElementary1.7 km
White Rock Christian Academy(Independent)K-121.8 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 Thrift Ave @ Oxford St108 m
Northbound Oxford St @ Goggs Ave147 m
Eastbound Thrift Ave @ Vidal St150 m
Southbound Oxford St @ Russell Ave206 m
Westbound Thrift Ave @ Blackwood St226 m

Nearby Places

Restaurants (5+)

  • West Beach Bar & Grill · 110 Elm Street556 m
  • Cosmos Greek Restaurant · 14871 Marine Drive579 m
  • The Wooden Spoon Brunch & Bistro · 15171 Russell Avenue616 m
  • Tacofino · 1405 Johnston Road625 m
  • PG's Jamaican Restaurant641 m

Cafes (5+)

  • Zen Tea House · 14807 Marine Drive531 m
  • Whitby's Coffee House · 14829 Marine Drive543 m
  • Sea Side Coffee · 14849 Marine Drive553 m
  • Java Express559 m
  • Pelican Rouge610 m

Grocery (3)

  • Thrifty Foods · 15181 Thrift Avenue598 m
  • Nature's Fare Markets · 15180 North Bluff Road669 m
  • Save-On-Foods · 1641 152 Street683 m

Parks (5+)

  • Beverly Commons175 m
  • Centennial Park · 14600 North Bluff Road449 m
  • Unnamed457 m
  • Vidal Street Greenbelt502 m
  • Hodgson Park512 m

Shopping (2)

  • Semiahmoo Shopping Centre · 1701 152 Street758 m
  • Winners · 1715 152 Street763 m

Gyms (3)

  • West Beach Pilates Studio · 14899 Marine Drive606 m
  • PARC Fit & Wellness Centre745 m
  • Fitness World766 m

Pharmacies (5+)

  • Shoppers Drug Mart · 15105 16 Avenue612 m
  • Rexall · 1463 Johnston Road655 m
  • Family Care Pharmacy · 1539 Johnston Road689 m
  • Unnamed · 1381 George Street757 m
  • White Rock Pharmacy · 1440 George Street781 m

Banks & ATMs (5+)

  • Unnamed543 m
  • BMO · 1626 Martin Drive564 m
  • TD · 15110 North Bluff596 m
  • Prospera Credit Union · 1451 Johnston Road650 m
  • Scotiabank653 m

Nearby places data: © OpenStreetMap contributors.

School district: Surrey (SD36)

Other Listings in This Building

Other units currently listed in the same building. PH512 14855 THRIFT AVENUE

View building profile →
Built 2015

Mortgage & Ownership Cost Calculator

Minimum required: 7.9% ($94,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$959,200.00
Periodic payment — Principal & Interest (monthly)$6,188.43
Additional monthly expenses (strata, tax, utilities, etc.)$1,104.53
Total monthly cost$7,292.96
Interest paid over 5-yr term$274,909.48
Balance at end of term$862,803.50

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$94,900
Stress test qualifying rate8.09%
Payment you must qualify for$8,490.14

Cash Needed at Closing

Minimum down payment$94,900
Estimated BC PTT$21,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$118,380

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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