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$640,000

303 15777 MARINE DRIVE

White Rock · MLS® R3130707

2 bed · 2 bath · 998 sq ft · 1 parking

Condo · Single Family · built 2006 · 129 days on market

Listed by Jess Baxter, RE/MAX Westcoast

Realtor's description

Ocean view 2 bedroom, 2 bathroom condo with panoramic views from the living room, master bedroom, and west-facing balcony. This 998 square foot home is in excellent condition, featuring a cozy fireplace in the living area, a functional kitchen with skylight, granite counters, eating bar, and stainless steel appliances, and hardwood floors throughout the living areas. The generous master bedroom opens to a sundeck. Enjoy secure underground parking (1) and convenient storage on the 3rd floor. Don't miss out on this lifestyle opportunity - call your Agent today to experience the essence of coastal living. Tenanted unit - interior photos will not be posted publicly.

Property details

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 998 sq ft
Parking: 1
Year built: 2006
Property tax: $3,259 / yr
Strata fee: $501 / mo ($0.50 / sq ft)
Strata rules: Pets Allowed With Restrictions, Rentals Allowed With Restrictions
Days on market: 129
MLS®: R3130707

Features

No Smoking Home
Pets Allowed With Restrictions
Rentals Allowed With Restrictions
Washer
Refrigerator
Dishwasher

Price check

Typical for the area (+0.8%)

2026 assessment: $675,000 · asking is -5.2%
Price per sq ft: $641 vs $636 median for condos in White Rock for sale (168)

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 129 days · no price changes so far

The market here

Listed now: 39 days; median for 170 condos for sale; this one 129 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$675,000	$2,915

The listing shows $3,259 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

$3,561/mo

Mortgage $2,788 · Tax $272 · Strata $501

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

estimated payment

$2,788/ monthly

loan $512,000

25-year amortization

down payment20% · $128,00020%+ 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: $324,526
property transfer tax: $10,800; BC general rate
cash to close: $138,800; down + PTT
total paid: $836,526

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: −$1,928/mo
Cap rate: 1.6%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $2,788 · tax $272 · strata $501 · insurance ~$35 · 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: 1,936 m² (20,839 sq ft) · PID 026-978-652. 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 Peace Arch Elementaryhomes in this catchment
1.0 km away · 15877 Roper Ave, White Rock · 604-536-8711
Secondary Earl Marriott Secondaryhomes in this catchment
1.6 km away · 15751 16 Ave, Surrey · 604-531-8354

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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