Home > All listings > 15855 Vine Avenue

$1,139,000

15855 Vine Avenue

White Rock, White Rock, BC, V4B 2T5

2 | 1 | 1,060 sq.ft. | Year Built: 1972 |

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Court Ordered Sale. All offers subject to court approval. Well located rancher in White Rock. Redevelopment potential under Small Scale Multi-Unit Housing (SSMUH). Based on the parameters set by the City of White Rock, the property would qualify for up to four (4) dwelling units at a maximum density of 1.15 times the lot area with a maximum site coverage of 50%.

Property Info

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MLS®: R2995796

Listing Courtesy of NAI Commercial

Total Bedrooms 2

Total Bathrooms 1

Floor Space 1060 sq.ft.

Lot Size 6514 sq.ft.

Title Type Freehold NonStrata

Date Listed XXXX-XX-XX

Property Type House

Listed Price $1,139,000

Unit Pricing $1,075/sq.ft.

Strata Fee $0.00

Tax Estimate $5,723/Year

Year Built 1972

Rooms

More Details

Storey 1

Floor Space Finished 1060.00 sq.ft.

Roof XXXXXXX

Zoning RS-2

Exterior Finish XXXXXXXXXXXXXXXXXXXXXXXXXXX

Parking Carport Single

Fuel Heating Forced Air

Water Supply XXXXXX

Foundation Concrete Perimeter

Summary

Location and General Information

Architectural Style: Rancher/Bungalow
MLS Area Major: South Surrey White Rock
Street Name: Vine
City: White Rock
State Or Province: BC
Postal Code: V4B 2T5
Property Type: Residential
Property Sub Type: Single Family Residence

Taxes and HOA Information

Tax Year: 2024

Interior and Exterior Features

Bathrooms Information

Bathrooms Full: 1

Interior Features

Basement: None

Exterior Features

Roof: Asphalt

Property

Utilities

Sewer: Public Sewer
Water Source: Public

Property and Assessments

Foundation Details: Concrete Perimeter
Year Built: 1972
Lot Size Square Feet: 6514
Building Area Total: 1060
Living Area: 1060

Lot Information

Parcel Number: 007365187

Sold History

Selling

R2995796 House Apr 28, 2025 Listed $1,139,000

R2983844 House Apr 29, 2025 Removed $1,225,000

R2968099 House Mar 28, 2025 Removed $1,280,000

R2900056 House Feb 4, 2025 Removed $1,300,000

R2895119 House Jun 27, 2024 Removed $1,200,000

R2779381 House Jun 15, 2023 Removed $1,399,000

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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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