Blue Spruce

1322 Martin Street, White Rock, BC
Built 1973
18 units
Lowrise
No listings

About Blue Spruce

The Blue Spruce at 1322 Martin Street is a small self-managed building where heat and hot water are including with the maintenance fees. The building has been substantially renovated and refurbished. Large SW patio done with stamped stone and wood-like tiles with lots of room for container gardening. Rain screened with hardy board exterior, new windows and sliding doors. Luxurious Brazilian cherry hardwood floors and 10" crown molding make the units very royal-like. Great finishes in bathroom with heated Italian tile floors and Jacuzzi tub. Kitchen also topped with stainless steel appliances, granite countertops and modern light fixtures. Premium location with only a short walk to Semiahoo Mall and the beach pier. 

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

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Neighbourhood

$500,000Median home value
$58,000Median household income
65.6%Owner-occupied
1.7%Single-detached homes
1.5Avg household size
64.5Median age
30.8%Bachelor's degree or higher (25-64)
53.7%Commute under 30 min
77.6%Drive to work
32.8%Foreign-born residents
4,395Neighbourhood population

Age

Under 15: 4.3%15 to 64: 46.9%65 and over: 48.8%
  • Under 154.3%
  • 15 to 6446.9%
  • 65 and over48.8%

Household size

  • 1 person57.7%
  • 235.5%
  • 34.5%
  • 41.4%
  • 5 or more0.9%

Language spoken at home

74.8% English mother tongue

  • Mandarin3.5%
  • German2.4%
  • French1.7%
  • Korean1.6%
  • Tagalog1.5%
  • English + other1.5%
  • All others13%

Mother tongue, share of 4,385 residents.

How this pocket differs

  • notably fewer children under 15 than White Rock 4.3% vs 9%
  • more seniors 65+ than White Rock 48.8% vs 37.3%
  • notably fewer 4-person households than White Rock 1.4% vs 6.8%
  • notably fewer 5+ person households than White Rock 0.9% vs 4%
  • more people living alone than White Rock 57.6% vs 44.3%
  • fewer Mandarin speakers than White Rock 3.5% vs 5.1%
  • Median household income is notably lower than Metro Vancouver $58,000 vs $90,000
  • Median dwelling value is notably lower than Metro Vancouver $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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