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About Ocean Ridge
Ocean Ridge at 14001-14047 Marine Drive is a quiet and well-maintained complex with only 36 units. The complex itself is placed on a park-like 4.5 acres of land and features a gorgeous large pond. Ocean Ridge is placed in a prime location walking distance from White Rock beach and all it offers including restaurants, activities and shops.
School Catchment
Investor Insights — Townhouses in White Rock
Estimated rental yields based on MLS data for townhouses in White Rock.
| Type | Beds | Avg Rent | Avg List Price | Strata | Net Yield |
|---|---|---|---|---|---|
| Townhouse | 2 | $3,311/mo | $752,363 | $584/mo | 3.7% |
Net yield accounts for strata fees, property tax, and insurance. View full analysis
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Neighbourhood
Age
- 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
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.