Cimarron

1500 Merklin Street, White Rock, BC
Built 1990
16 units
Lowrise
1 active

About Cimarron

Cimarron at 1500 Merklin Street is an adult-oriented apartment made up of all two bedroom units ranging around 1,200 sqft. Strata fee includes gas and hot water. New gorgeous kitchen featuring stainless steel appliances, granite countertops, and maple cabinetry. Beautifully finished with arched hallways and extensive crown mouldings. Recently renovated with new hardwood floors, heated marble flooring and side by side washer and dryer. Bright skylight spacious units that feature lots of windows and a great balcony. Fantastic floor plan with separate bedrooms for optimal privacy. Great location in a quiet, peaceful neighborhood in the center of White Rock, walking distance to shops, transit and all other essentials. 

Amenities

Bike Room
Recreation Facilities

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

No recent sales found for this building.

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.

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