The Paterson

1280 Merklin Street, White Rock, BC
Built 2000
28 units
Lowrise
No listings

About The Paterson

The Paterson at 1280 Merklin Street is located in uptown White Rock. The newer complex was built with rainscreen technology. The homes themselves feature generously sized rooms, an abundance of windows, and cozy natural fireplaces. Step out onto your large private balconies that are covered and perfect to use all year round. The Paterson townhomes define convenient living, and are only steps from Semiahmoo mall, Johnston street, services, transit and all that White Rock Beach has to offer. The Paterson lifestyle is a perfect combination of sophisticated urban amenities and ocean style living!

Amenities

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

$468,000Median home value
$56,400Median household income
60.5%Owner-occupied
1.3%Single-detached homes
1.5Avg household size
64.5Median age
26.3%Bachelor's degree or higher (25-64)
58%Commute under 30 min
71.5%Drive to work
31.2%Foreign-born residents
2,938Neighbourhood population

Age

Under 15: 5.1%15 to 64: 46.3%65 and over: 48.6%
  • Under 155.1%
  • 15 to 6446.3%
  • 65 and over48.6%

Household size

  • 1 person62.2%
  • 230.1%
  • 34.8%
  • 42%
  • 5 or more0.8%

Language spoken at home

75.9% English mother tongue

  • German3.1%
  • Mandarin2.2%
  • English + other2.2%
  • Tagalog2%
  • French1.7%
  • Spanish1.4%
  • All others11.5%

Mother tongue, share of 2,940 residents.

How this pocket differs

  • notably fewer children under 15 than White Rock 5.1% vs 9%
  • more seniors 65+ than White Rock 48.6% vs 37.3%
  • notably fewer 5+ person households than White Rock 0.8% vs 4%
  • notably fewer 4-person households than White Rock 2% vs 6.8%
  • more people living alone than White Rock 62.2% vs 44.3%
  • notably more German speakers than White Rock 3.1% vs 2%
  • Median household income is notably lower than Metro Vancouver $56,400 vs $90,000
  • Median dwelling value is notably lower than Metro Vancouver $468,000 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.

1 home has sold in The Paterson in the past year

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

Book a Showing