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Monterey on Thrift: Spacious Condo Living in the Heart of White Rock
If you're searching for a well-maintained, owner-occupied condo in central White Rock, Monterey on Thrift at 14950 Thrift Avenue deserves a spot on your shortlist. Built in 1986, this low-rise building has 30 homes, so it feels more like a close-knit community than a large complex. Here is what buyers and downsizers should know before booking a showing.
Building Snapshot
- Address: 14950 Thrift Avenue, White Rock
- Year built: 1986
- Total units: 30
- Building type: Low-rise
- Typical size: 1,000+ square feet
View the full building profile, current availability and past activity on the Monterey on Thrift building page.
Floorplans That Stand Out
The standout feature at Monterey is size. Many condos from this era and price range top out well under 1,000 square feet, but homes here offer spacious floorplans of 1,000+ square feet. That makes them a strong fit for:
- Downsizers leaving a single-family home who don't want to give up living space
- Couples and singles who want room for a home office or guest space
- Buyers upgrading from a one-bedroom who want more square footage without a big jump into townhome pricing
Each unit also comes with its own private balcony, and some enjoy ocean views, a rare perk at this end of the market in White Rock.
A Well-Maintained, Owner-Occupied Building
Buyers of older concrete and wood-frame buildings should always ask about major building envelope work. Monterey has a strong track record:
- 2004: balconies and decks redone
- 2009: building rainscreened
- 2016: new roof
These are the big-ticket items that often trigger special assessments in 1980s buildings. Having them completed (and the building described as very well managed and maintained) is a meaningful advantage. As with any strata purchase, have your realtor review the depreciation report, recent strata minutes and the contingency reserve fund before you write an offer. The building is also owner-occupied, which typically means stronger upkeep and a more stable community.
Location: Walkable White Rock Convenience
Monterey's Thrift Avenue address puts everyday needs close at hand:
- Shopping: Semiahmoo Centre and nearby services
- Dining: restaurants and cafes close by
- Health care: medical services in the neighbourhood
- Parks and the beach: local green space and White Rock's waterfront are minutes away
- Transit: bus routes nearby for getting around the Semiahmoo Peninsula
- Commuting: direct access to major highways
For a broader look at the lifestyle, schools and amenities, explore our White Rock neighbourhood guide.
How White Rock Pricing Compares
White Rock currently has about 330 active listings with an average price of roughly $1.565 million, a figure pulled up by waterfront homes and detached houses. Condos in older, well-run low-rise buildings like Monterey generally sit at a far more accessible entry point, which is why they are popular with first-time buyers, retirees and investors alike. Compare that with Crescent Beach / Ocean Park (about 127 listings, avg $2.45 million) or Elgin Chantrell (105 listings, avg $3.144 million), and the value of a spacious White Rock condo becomes clear.
What to Look For When Touring
- Ocean-view units: ask which suites have views and how that affects pricing
- Interior updates: many 1986-vintage suites still have original kitchens and baths, which creates room for value-add renovations
- Strata fees and what they include: confirm what's covered and review the budget
- Pet and rental bylaws: check the rules if either matters to you
- Parking and storage: confirm what is assigned to the unit
Explore Listings and Similar Buildings
Ready to see what's available? Browse current condo listings in South Surrey and White Rock, compare other options in our complete building directory, or see how Monterey's location fits on the interactive map.
For additional local expertise, check out our partners at South Surrey White Rock Realtors, Surrey Real Estate Listings and Langley Homes For Sale.
Talk to a Local Expert
Whether you're buying your first condo, downsizing, or considering selling a unit at Monterey, local knowledge makes a difference. Contact us to arrange a private tour, request strata documents or get a market valuation for your suite at 14950 Thrift Avenue.