Driftwood Arms

14881 Marine Drive, White Rock, BC
Built 1976
23 units
Lowrise
2 active

About Driftwood Arms

Driftwood Arms at 14881 Marine Drive are waterfront home right on the strip at White Rock Beach. The views of every units are unobstructed sights of the ocean. Most units have been renovated to update the kitchens and bathrooms as well as, new finishes including lighting, paint and flooring. Rentals allowed. The location of these homes are only steps away from the promenade, shopping and of course a variety of restaurants. Driftwood Arms homes are perfect units for those searching for the beach lifestyle. 

 

 

School Catchment

Investor Insights — Condos in White Rock

Estimated rental yields based on MLS data for condos in White Rock.

Type Beds Avg Rent Avg Sale Strata Net Yield
Condo 1 $2,422/mo $408,847 $454/mo 4.9%
Condo 2 $3,507/mo $752,016 $628/mo 3.9%

Net yield accounts for strata fees, property tax, and insurance. View full analysis

1 home has sold in Driftwood Arms

Find out what your home here could sell for in today's market.

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$1,500,000Median home value
$94,000Median household income
66.3%Owner-occupied
42.5%Single-detached homes
2.2Avg household size
55.6Median age
38.3%Bachelor's degree or higher (25-64)
46%Commute under 30 min
86.9%Drive to work
30.3%Foreign-born residents
5,970Neighbourhood population

Age

Under 15: 9.6%15 to 64: 57.3%65 and over: 33.1%
  • Under 159.6%
  • 15 to 6457.3%
  • 65 and over33.1%

Household size

  • 1 person31.8%
  • 238.6%
  • 313.3%
  • 49.9%
  • 5 or more6.4%

Language spoken at home

71.6% English mother tongue

  • Mandarin8.9%
  • Punjabi3.9%
  • English + other2.3%
  • German1.7%
  • French1.2%
  • Cantonese1%
  • All others9.4%

Mother tongue, share of 5,645 residents.

How this pocket differs

  • notably more 5+ person households than White Rock 6.4% vs 4%
  • more 4-person households than White Rock 9.9% vs 6.8%
  • fewer people living alone than White Rock 31.8% vs 44.3%
  • notably more Mandarin speakers than White Rock 8.9% vs 5.1%
  • more Punjabi speakers than White Rock 3.9% vs 3%
  • Median dwelling value is higher than Metro Vancouver $1,500,000 vs $1,050,000

Source: Statistics Canada, Census of Population, 2021. Reproduced and distributed on an "as is" basis with the permission of Statistics Canada.

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