502 15111 Russell Ave, White Rock, BC, MLS® R3049810

$550,000
Est. Mortgage /mo

NEW

$550,000
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now
1 Beds
1 Baths
1 Stories
$ 524.13 Maint. Fee
778 sqft
1988 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

502 15111 Russell Ave, White Rock, BC | MLS® R3049810 Property Details

Concrete building (former luxury hotel with great amenities) in a great White Rock location! This 1 bedroom and den/office unit is bright, has a great layout (see 3d floor plan) and is located in a highly desirable and central location! Partial ocean view with beautiful new highrise buildings built all around the area! See our video and 3d floor plan and if you like what you see - book an appt to see it in real life!

General Info

Price $550,000
Total Bedrooms 1
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 778
Lot Size -
Lot Size Depth -
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1988
Age Of Building 37
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Exercise Centre, Recreation Facilities, Maintenance Grounds, Heat, Hot Water, Water
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS® # R3049810
Area South Surrey White Rock
Neighbourhood White Rock
City White Rock
Gross Taxes $1,863.17
Ownership Type Freehold Strata
Maintenance Fee $524.13
Amenities Nearby Exercise Centre, Recreation Facilities, Maintenance Grounds, Heat, Hot Water, Water
Fixtures Included -

Heating & Cooling

Fireplace 1
Heating Type Radiant

Utilities

Utility Type Electricity Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public

Parking

Parking Type Underground
Total Parking Spaces 1

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Strata Restrictions Pets Not Allowed,Smoking Restrictions
Pet Restrictions No
Rental Restrictions -
Zoning APT
Rental Suites -
Laundry In Unit
# of Kitchens 0
Foundation Concrete Perimeter
Locker -
View 1
View Description Partial Ocean View
Units In Development -
Exterior Features Balcony
Sewer Public Sewer, Sanitary Sewer
Roof Torch-On

Property History

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Status Date Price
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Listed by: Macdonald Realty

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Neighborhood Info

Public Schools

Elementary
White Rock Elementary School
Average
0.55 km
5.5/10
Secondary
Semiahmoo Secondary School
0.97 km

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary, Secondary
Eaton Arrowsmith School White Rock
0.11 km
Elementary, Secondary
Eaton Arrowsmith School White Rock
0.11 km

Closest Transit

Bus Stop
Northbound Johnston Rd @ Russell Ave
0.18 km
Skytrain
Skytrain @ Clayton Station ( Under Construction till 2029)
12.84 km

Noise/ Power Lines

Road/Hwy Noise
Possible
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Welcome to this stunning property located at 502 15111 Russell Avenue in the picturesque city of White Rock, BC. As a seasoned realtor with extensive knowledge of the area, I'm excited to share with you the many advantages of living in this desirable neighborhood.

Education

Just down the road, you'll find White Rock Elementary School, a highly-rated institution that's just 0.55 km away from your new home. With a rating of 5.5/10, this school is a great option for families who value quality education. Semiahmoo Secondary School, another excellent option, is also within walking distance, located 0.97 km from this property.

For those seeking independent education options, Eaton Arrowsmith School White Rock is the closest elementary school, with a rating of No Rating, located just 0.11 km from your home. Similarly, Eaton Arrowsmith School White Rock is the closest secondary independent school, also with a rating of No Rating, located just 0.11 km from your home.

Safety

As we discuss the safety of this neighborhood, I want to assure you that the crime data is current and accurate. According to Statistics Canada's 2020 report, this area has an overall crime rate of 8,651.18, which is classified as Above Average compared to other Canadian cities. However, this number has decreased by 8.65% from previous years, indicating a downward trend.

Breaking down the crime rates, we see that drug-related offenses are also Above Average, with a rating of 320.24 and 67 incidents in 2020. Property crimes are similarly high, with a rating of 3,962.34 and 829 incidents in 2020. However, violent crime rates are Average, with 321 incidents in 2020.

Demographics

This neighborhood is home to a diverse population, with 24.1% of residents holding a university certificate or degree, which is Above Average compared to other BC neighborhoods. Conversely, 12.8% of the population has no certificate or degree, which is Below Average.

In terms of household income, the median household income is $48,192, which is Low compared to the British Columbia average. However, the median personal income is $34,629, which is Average. The percentage of households with a mortgage is 41.1%, which is Low.

Transit and Lifestyle Amenities

Convenience is key when it comes to transportation. The closest bus station is Northbound Johnston Rd @ Russell Ave, just 0.18 km away from this property.

In terms of lifestyle amenities, this neighborhood offers a range of options. The average age of the population is 60.2, which is High compared to other BC cities. With a high percentage of English speakers (93%) and a low percentage of Neither English nor French speakers (0.6%), this area is an excellent choice for those who value cultural diversity.

Real Estate Context

As we discuss the real estate context, I want to highlight the average value of dwellings in this neighborhood, which is $422,524, Above Average compared to other areas in British Columbia. Average owner payments are Below Average, with an average spend of $925. Tenants, on the other hand, pay an average of $1,063, which is Average.

With 32.8% of the population renting, this is Above Average compared to other BC cities and areas. The average size of families in this area is 2.2, which is Low. The percentage of families with children is 25.9%, which is also Low.

Unemployment and Population Growth

Unemployment rates in this area are Below Average, with a rate of 7.1%. Population growth between 2011 and 2016 was 1.8%, which is Average compared to the average growth rate of this region.

Property Location

This property is located in the heart of White Rock, BC V4B 2P4, White Rock, BC, V4B 2P4, MLS® R3049810. With its proximity to schools, public transportation, and lifestyle amenities, this property is an excellent choice for those seeking a convenient and desirable lifestyle.

If you're looking for a property that offers the best of both worlds, look no further than 502 15111 Russell Avenue, White Rock, BC V4B 2P4, White Rock, BC, V4B 2P4, MLS® R3049810. Contact me today to schedule a viewing and make this property your dream home.

Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $550,000
White Rock $436,000
White Rock $436,000
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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