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$1,249,000

866 FINLAY STREET

White Rock · MLS® R3159842

5 bed · 2 bath · 1,514 sq ft · 4,247 sq ft lot · 4 parking

House · Single Family · built 1027 · 38 days on market

Listed by Ankur Kaushal, Century 21 Coastal Realty Ltd.

Realtor's description

Fantastic opportunity for a First-Time Buyer, Investor, or Developer in the highly desirable East Beach neighbourhood! Just a few blocks from the ocean and the shops, restaurants, and amenities along Marine Drive, this extensively renovated home offers a versatile two-level layout with 5 bedrooms, 2 bathrooms, and 2 kitchens. Recent upgrades include a reconfigured layout, new flooring, renovated bathrooms and kitchens, fresh paint, new blinds, doors, lighting, landscaping, and an improved driveway. The bright upper level offers a welcoming living space, updated kitchen, generous bedrooms, abundant natural light, and a balcony perfect for enjoying the fresh ocean air. The lower level features a separate entrance, second kitchen, additional bedrooms, bathroom and laundry- mortgage helper!

Property details

Type: House, Single Family
Bedrooms: 5
Bathrooms: 2
Living area: 1,514 sq ft
Lot: 4,247 sq ft
Parking: 4
Year built: 1027
Property tax: $6,367 / yr
Days on market: 38
MLS®: R3159842

Features

Washer
Refrigerator
Dishwasher
Stove
Dryer

Price check

Above typical for the area (+26%)

2026 assessment: $1,167,000 · asking is +7.0%
Price per sq ft: $825 vs $653 median for houses in White Rock for sale (126)
Last sold: $1,179,000 · Feb 26, 2024

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 38 days · no price changes so far

The market here

Listed now: 72 days; median for 133 houses for sale; this one 38 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	$1,167,000	$5,040

The listing shows $6,367 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

$5,972/mo

Mortgage $5,442 · Tax $531

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

estimated payment

$5,442/ monthly

loan $999,200

25-year amortization

down payment20% · $249,80020%+ 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: $633,332
property transfer tax: $22,980; BC general rate
cash to close: $272,780; down + PTT
total paid: $1,632,532

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

Suite rent: $1,435/mo
Your cost after the suite: $4,827/mo; vs $6,147 without it

Suite rent / moDown payment %Rate %

Costs: mortgage $5,442 · tax $531 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 3+ bedroom (1-bedroom for the suite) 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

Lot outline: 393 m² (4,230 sq ft) · PID 012-112-305. 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
1.1 km away · 1273 Fir St, White Rock · 604-531-5731
Secondary Semiahmoo Secondaryhomes in this catchment
2.6 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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