Kris CurmanPowered by Motions MarketingOakwyn Realty Northwest

Active · Retail · White Rock

14881 Marine Drive

White Rock, BC V4B1C2

$3,399,000

119 days on market

Bedrooms
0
Bathrooms
0
Type
Retail
Taxes
$46,860.70 (2025)
MLS®
C8079456

About this home

Rarely does an opportunity arise to acquire over 200 feet of high-exposure retail frontage on the most active block of Marine Drive in White Rock. This 6,727 SF mixed-retail asset consists of five demised units within a single strata lot and offers investors a strong in-place return f approximately 5% with significant near-term upside. Rental growth can be achieved through lease-up of the vacant unit, scheduled rent increases, and forthcoming lease renewals. Situated in one of Metro Vancouver's most desirable waterfront communities, this value-add investment is attractively priced relative to its $4,603,000 assessed value.

Monthly cost estimate

Mortgage payment20% down · 4.5% · 25-yr amortization$15,050
Strata fee$0
Property taxannual ÷ 12$3,905
Est. monthly total$18,955
Down payment + BC property transfer taxbefore any first-time buyer exemption$767,750

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Listing courtesy of Gammon Property Advisors Corporation. View on REALTOR.ca

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Listing data is supplied through the CREA Data Distribution Facility (DDF®) by members of CREA and is deemed reliable but not guaranteed. Information should be independently verified.

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