Ocean Villa

15147 Marine Drive, White Rock, BC
Built 1975
6 units
Lowrise
No listings

About Ocean Villa

Ocean Villa is a boutique six-home lowrise built in 1975 at 15147 Marine Drive in White Rock. Set right along the waterfront on Marine Drive, the building offers a rare opportunity in one of the area's most coveted seaside locations, steps from the beach, the pier, and the shops and restaurants of White Rock's waterfront promenade. Its intimate scale and prime West Beach setting make Ocean Villa a distinctive address for buyers seeking a quiet, walkable oceanfront lifestyle.

Amenities

Shopping Nearby

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 $410,056 $454/mo 4.9%
Condo 2 $3,507/mo $732,697 $623/mo 4.0%

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

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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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