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$739,900

1469 MERKLIN STREET

White Rock · MLS® R3013625

2 bed · 2 bath · 1,420 sq ft · 2 parking

Townhouse · Single Family · built 1978 · 484 days on market

Listed by Judy Burback, Macdonald Realty

Realtor's description

Just minutes away from White Rock Pier, a major attraction in the White Rock Community, lies this Fabulous and Private 2 bedroom, 2 bathroom, 3 level townhome with sunroom!!! The complex is extremely well maintained with lots of upgrades. *FEATURES* Large living room with gas fireplace, dining room, French door from the kitchen to an enclosed sunroom with vaulted ceiling. Large master bedroom with walk-in closet, skylight! Upgraded appliances, newer hot water tank, huge patio, storage room, and much, much more!!! Situated close to the OCEAN, mall, restaurants, and many more amenities in White Rock!!! MOVE IN READY. Quick possession can possibly be arranged. OPEN HOUSE SUNDAY SEPTEMBER 28, 2 - 4PM.

Property details

Type: Townhouse, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 1,420 sq ft
Parking: 2
Year built: 1978
Strata rules: Pets Allowed With Restrictions
Days on market: 484
MLS®: R3013625

Features

Pets Allowed With Restrictions
Washer
Refrigerator
Dishwasher
Stove
Dryer

Price check

Typical for the area (+1.3%)

2026 assessment: $740,600 · asking is -0.1%
Price per sq ft: $521 vs $515 median for townhouses in White Rock for sale (18)

An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.

Property insights

On market 484 days · no price changes so far

The market here

Listed now: 29 days; median for 18 townhouses for sale; this one 484 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$740,600	$3,199
2025	$774,800	$2,969

Estimated tax up 7.7% from 2025 to 2026.

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

$3,224/mo

Mortgage $3,224

20% down at 4.34% fixed (Ratehub.ca), 25 years.

estimated payment

$3,224/ monthly

loan $591,920

25-year amortization

down payment20% · $147,98020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 9, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $375,182
property transfer tax: $12,798; BC general rate
cash to close: $160,778; down + PTT
total paid: $967,102

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

If you rented it out

Rent: $1,813/mo
After all costs: −$1,731/mo
Cap rate: 2.4%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $3,224 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 2-bedroom in White Rock (CMHC Rental Market Survey, October 2025). Averages include long-time tenants, so new leases usually ask more; 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

The building's lot: 2,689 m² (28,944 sq ft) · PID 001-555-081. From ParcelMap BC; property lines are approximate, a survey is the legal boundary.

White RockGoogle Maps ↗

Location

White RockGoogle Maps ↗

Schools

Catchment schools, Surrey School District 36

Elementary White Rock Elementaryhomes in this catchment
500 m away · 1273 Fir St, White Rock · 604-531-5731
Secondary Semiahmoo Secondaryhomes in this catchment
1.3 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.

Development nearby

Rezoning for a 20 storey, 181 unit building
360 m away · 2023 · concluded
Rezoning from Single Family Residential Zone (RF) to Comprehensive Development Zone (CD) (based on Neighbourhood Commercial Zone (C-5) Multiple Residential Commercial 150 Zone (RM-150); Subdivision (Consolidation) from two (2) lots into one (1) lot; Town Centre Plan (TCP) Amendment to increase the building height from 16 storeys to 20 storeys and to allow a 6-storey podium higher than 18 metres; D

Applications filed with the city, active or decided in the last 3 years, measured from the listing's map pin. An application isn't an approval; the city's page has the current details. Source: City of Surrey development applications.

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