1 / 37

$2,099,999

15517 MARINE DRIVE

White Rock · MLS® C8076800

House · Multi-family · 216 days on market

Listed by Bal Dhaliwal, Century 21 Coastal Realty Ltd.

Realtor's description

Rare opportunity to own a prime ocean-view commercial building overlooking the iconic White Rock Pier. This property features 5 total units, including a restaurant space and four rental units, all enjoying panoramic, unobstructed beach and ocean views. Strong income potential with estimated rental revenue of $10,000-$12,000 per month. Located in a high-traffic beachfront area with excellent exposure. Zoned CR-4 (Commercial / Residential Mixed-Use) allowing future redevelopment potential with commercial space below and residential above. Excellent holding property, income investment, or future development opportunity in one of White Rock's most desirable locations.

Property details

Type: House, Multi-family
Parking: 0
Property tax: $13,929 / yr
Days on market: 216
MLS®: C8076800

Price check

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 216 days

The market here

Listed now: 72 days; median for 133 houses for sale; this one 216 days

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

Monthly cost

$10,310/mo

Mortgage $9,149 · Tax $1,161

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

estimated payment

$9,149/ monthly

loan $1,679,999

25-year amortization

down payment20% · $420,00020%+ 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: $1,064,849
property transfer tax: $41,000; BC general rate
cash to close: $461,000; down + PTT
total paid: $2,744,848

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.

Location

Lot outline: 187 m² (2,013 sq ft) · PID 002-337-070. 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
1000 m away · 1273 Fir St, White Rock · 604-531-5731
Secondary Semiahmoo Secondaryhomes in this catchment
2.5 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.

Keep private notes and ratings on homes you're considering. Sign in (email only) and they follow you to every device.