1154 Finlay Street

White Rock · MLS® R3177268

538

2,263 sq ft · 10,372 sq ft lot · House · Single Family · built 1947 · 5 days on market

listed by Robin Randhawa, SRS Panorama Realty

realtor's description

A White Rock Gem with Ocean Views! Situated on a rare 10,000+ sq. ft. lot with 67 ft. of frontage, this charming rancher with basement offers 3 bedrooms up and a 2-bedroom suite below. Generating $2,500/month from the upper level and $1,500/month from the basement suite, this property offers a combined rental income of $4,000/month. Enjoy the spacious patio and HUGE backyard, with the added convenience of a detached garage. Ideally located on a quiet street across from Davey Park and within walking distance to the beach, plus minutes from shops, schools, and Peace Arch Hospital. An excellent opportunity for families, investors, or those seeking a move-in-ready home in a prime White Rock location!

property details

type: House, Single Family
bedrooms: 5
bathrooms: 3
living area: 2,263 sq ft
lot: 10,372 sq ft
parking: 8
year built: 1947
property tax: $9,649 / yr
days on market: 5
MLS®: R3177268

features

Washer
Refrigerator
Dishwasher
Stove
Dryer
Storage Shed

the market here

listed now: 74 days; median for 133 houses for sale; this one 5 days

Houses in White Rock. Sale prices register 1 to 3 months after a sale closes.

property tax by year

year	assessed	est. tax
2026	$1,831,400	$7,910

The listing shows $9,649 a year in property tax.

Estimate: the BC Assessment value times White Rock's residential tax rate for that year (Province of BC, local government statistics). Leaves out the home owner grant, parcel taxes and utility charges; the city's tax notice is the real figure.

monthly cost

$7,335/mo

Mortgage $6,531 · Tax $804

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$6,531/ monthly

loan $1,199,200

25-year amortization

down payment20% · $299,80020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 27, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $760,100
property transfer tax: $27,980; BC general rate
cash to close: $327,780; down + PTT
total paid: $1,959,300

first-time buyernewly builtforeign national

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer. Transfer tax: 1% to $200k, 2% to $2M, 3% to $3M, 5% above. First-time buyers pay nothing on the first $500k for homes up to $835k (phasing out by $860k); newly built homes are exempt up to $1.1M (phasing out by $1.15M). Both need Canadian citizenship or permanent residence and other conditions; the 20% foreign buyer tax applies in Metro Vancouver, the Fraser Valley, the Capital Region, Central Okanagan and Nanaimo.

if you rented it out

suite rent: $2,050/mo
your cost after the suite: $5,624/mo; vs $7,510 without it

Suite rent / moDown payment %Rate %

Costs: mortgage $6,531 · tax $804 · insurance ~$175 · vacancy 3% · upkeep 5%.

Suite rent is today's market rent for a 2-bedroom in White Rock: CMHC's average there ($1,813) raised by what new tenants pay against everyone in the Vancouver area, then down 0.8% with Vancouver's asking rents, 2025 Q4 → 2026 Q2. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant); trend: Statistics Canada.) Houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.

BC rules for landlords

Short-term rentals are limited to the host's principal residence in most communities. gov.bc.ca
Rent increases are capped once a year at the province's set amount. gov.bc.ca
The speculation and vacancy tax applies in many areas to homes not lived in or rented out. gov.bc.ca
Selling within two years of buying can trigger the BC home flipping tax. gov.bc.ca

location

lot outline: 955 m² (10,280 sq ft) · PID 009-314-334. from ParcelMap BC; property lines are approximate, a survey is the legal boundary.

White RockGoogle Maps ↗

schools

Catchment schools, Surrey School District 36

Elementary White Rock Elementaryhomes in this catchment
800 m away · 1273 Fir St, White Rock · 604-531-5731
Secondary Semiahmoo Secondaryhomes in this catchment
2.2 km away · 1785 148 St, Surrey · 604-536-2131

From the Surrey School District 36's published catchment maps. A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.

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