Home > All listings > PH 2 1501 Foster Street

$5,950,000

PH 2 1501 Foster Street

White Rock, White Rock, BC, V4B 0C3

4 | 6 | 3 | 3,798 sq.ft. | Year Built: 2022 |

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Experience the pinnacle of seaside-urban living in this 2-story Penthouse at White Rock’s Foster Martin. Stunning 3,800 sqft residence features 4 spacious bedrooms, 5.5 baths, a den, flex area and an upper loft suite. Revel in the panoramic ocean and mountain views, soaring 11’ ceilings, floor-to-ceiling windows, a chef's kitchen with Miele appliances, spa-like baths, and luxurious finishings throughout. Enjoy 2,400 sqft of outdoor living with 4 main floor balconies and a spectacular rooftop deck with cascading waterfall hot tub and pool, fire table area, and outdoor kitchen rough-in. Includes a private triple garage with storage and resort-style amenities: indoor/outdoor pool, sauna/steam room, gym, lounge, games room and concierge. The perfect harmony of luxury, location, and lifestyle!

Property Info

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MLS®: R3019334

Listing Courtesy of Macdonald Realty (Surrey/152)

Total Bedrooms 4

Total Bathrooms 6

Floor Space 3798 sq.ft.

Title Type Freehold Strata

Style 1 1/2 Storey

Date Listed XXXX-XX-XX

Property Type Condo

Listed Price $5,950,000

Unit Pricing $1,567/sq.ft.

Strata Fee $2366.58

Tax Estimate $16,560/Year

Year Built 2022

Interior Features

Rooms

Main Foyer 7'6 * 12'8

Main Living Room 16'10 * 18'9

Main Kitchen 19'4 * 8'3

Main Dining Room 12'6 * 17'10

Main Den 11'2 * 15'2

Main Primary Bedroom 35'1 * 16'7

Main Walk-In Closet 11'10 * 9'9

Main Bedrooms 25'2 * 9'1

Main Bedrooms 14'3 * 13'3

Main Walk-In Closet 4'10 * 8'0

Main Bedrooms 10'2 * 11'3

Main Laundry 8'9 * 5'7

Main Flex Room 16'2 * 13'1

Above Loft 19'11 * 11'9

More Details

Storey 2

Floor Space Finished 3798.00 sq.ft.

Rules Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions

Roof XXXXX

Zoning CR-1

Floor Finish XXXXXXXXXXXXX

Exterior Finish XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX

Out Door Area XXXXXXXXXXXX

Parking Garage Triple, Underground, Guest, Side Access

Parking Cover 3

Parking Total 3

Fuel Heating Heat Pump, Natural Gas

Water Supply XXXXXX

Foundation Concrete Perimeter

Summary

Location and General Information

Architectural Style: Penthouse
MLS Area Major: South Surrey White Rock
Street Name: Foster
City: White Rock
State Or Province: BC
Postal Code: V4B 0C3
Property Type: Residential
Property Sub Type: Apartment/Condo

Taxes and HOA Information

Tax Year: 2024

Interior and Exterior Features

Bathrooms Information

Bathrooms Full: 5
Bathrooms Half: 1

Interior Features

Fireplaces Total: 2
Flooring: Hardwood, Tile
Basement: None
Interior Features: Elevator, Storage

Exterior Features

Exterior Features: Balcony
Roof: Other
Pool Features: Indoor, Outdoor Pool

Property

Utilities

Sewer: Public Sewer, Sanitary Sewer
Water Source: Public

Property and Assessments

Foundation Details: Concrete Perimeter
Year Built: 2022
Building Area Total: 3798
Living Area: 3798

Lot Information

Lot Features: Central Location, Near Golf Course, Recreation Nearby
Parcel Number: 031640621

Sold History

School Catchments

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City Introduction

Overview of White Rock, BC, Canada

Population

White Rock is a coastal city in the Greater Vancouver region of British Columbia, with a population of approximately 23,000 (2024). White Rock is known for its multicultural community, with about 45% of residents belonging to visible minorities, including a significant South Asian community (26.1%) and a Chinese community (9%).

Economy

Key Industries: Tourism, retail, and fishing. White Rock attracts many visitors with its beautiful coastal scenery and unique attractions.
Commercial Centers: The business district is concentrated along Marine Drive, featuring numerous restaurants, cafes, and specialty shops.
Transportation Hub: The Tsawwassen Ferry Terminal is the largest ferry terminal in North America, connecting Greater Vancouver to Vancouver Island and other islands.

Living Features

Natural Environment: White Rock boasts abundant natural landscapes, including White Rock Beach and Boundary Bay Park, ideal for outdoor activities.
Transportation: White Rock is well-connected to downtown Vancouver via highways and ferries, with a commute time of about 40 minutes.
Multiculturalism: The city's diverse communities and cultural events make it an inclusive and vibrant place to live.

Real Estate Investment

Prices: White Rock's housing prices are relatively moderate compared to Vancouver, with detached homes averaging $1.2 million CAD and condos around $600,000 CAD (2024).

Opportunities:

Stable rental market: White Rock's transportation links and natural environment attract a steady stream of renters, ensuring high rental yields.
Long-term growth potential: Proximity to downtown Vancouver and ongoing infrastructure projects support sustained property value growth.

Risks:

Foreign buyer taxes (20%) and vacancy taxes may increase investment costs.
Rapid price increases in some areas require careful timing for investments.

Verdict

White Rock is ideal for those seeking a high quality of life and long-term investment. Popular residential areas include Tsawwassen and Ladner, while properties near transportation hubs are attractive for investors.

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