Kensington

1429 Merklin Street, White Rock, BC
Built 1974
26 units
Lowrise
No listings

About Kensington

Kensington at 1429 Merklin Street is an adult-oriented complex offering 26 units. Maintenance fee includes heat, hot water, gardening, recreation facility and snow removal.  The homes feature functional open plan layouts with large windows and spacious room dimensions. Each unit has their own balcony perfect for your morning cup of coffee or bbqing and some units even have views of the ocean. The building received upgrades in 2007 which included a new roof, hardiplank siding, carpeting, windows and decks. Each floor of the building contains a shared laundry unit. At Kensington all the amenities are at your doorstep! You can find shopping, services, churches, golf courses and beaches right around the corner! Kensington Manor is convenient living in a welcoming neighbourhood!

Amenities

gym
sauna
lounge

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 $2,403/mo $395,315 $459/mo 5.0%
Condo 2 $3,448/mo $713,405 $616/mo 4.1%

Net yield accounts for strata fees, property tax, and insurance. View full analysis

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Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$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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