Kensington

1429 Merklin Street, White Rock, BC
Built 1974
26 units
Lowrise
1 active

About Kensington

Kensington at 1429 Merklin Street is an adult-oriented complex offering 26 units. Maintenance fee includes heat, hot water, gardening, recreation facility and snow removal.  The homes feature functional open plan layouts with large windows and spacious room dimensions. Each unit has their own balcony perfect for your morning cup of coffee or bbqing and some units even have views of the ocean. The building received upgrades in 2007 which included a new roof, hardiplank siding, carpeting, windows and decks. Each floor of the building contains a shared laundry unit. At Kensington all the amenities are at your doorstep! You can find shopping, services, churches, golf courses and beaches right around the corner! Kensington Manor is convenient living in a welcoming neighbourhood!

Amenities

Clubhouse
Recreation Facilities

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

Neighbourhood

$580,000Median home value
$90,000Median household income
69.2%Owner-occupied
11.2%Single-detached homes
3.2Avg household size
36.4Median age
26%Bachelor's degree or higher (25-64)
41.5%Commute under 30 min
74.7%Drive to work
54%Foreign-born residents
3,883Neighbourhood population

Age

Under 15: 14.5%15 to 64: 70.5%65 and over: 14.9%
  • Under 1514.5%
  • 15 to 6470.5%
  • 65 and over14.9%

Household size

  • 1 person20.7%
  • 223.1%
  • 316.5%
  • 416.9%
  • 5 or more22.7%

Language spoken at home

36.7% Punjabi mother tongue

  • English30.4%
  • English + other7.6%
  • Hindi5.7%
  • Tagalog4.1%
  • Spanish2.2%
  • Urdu1.8%
  • All others11.5%

Mother tongue, share of 3,880 residents.

How this pocket differs

  • more people living alone than Queen Mary Park Surrey 20.7% vs 16%
  • notably more Tagalog speakers than Queen Mary Park Surrey 4.1% vs 2.4%
  • fewer Punjabi speakers than Queen Mary Park Surrey 36.7% vs 48.6%
  • Median dwelling value is notably lower than Metro Vancouver $580,000 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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