Monterey on Thrift

14950 Thrift Avenue, White Rock, BC
Built 1986
30 units
Lowrise
1 active

About Monterey on Thrift

Monterey at 14950 Thrift Avenue is conveniently located in the heart of White Rock. All these homes offer very spacious floorplans at 1,000+ square feet. Each unit also has its own private balcony with some having beautiful ocean views. Monterey finds itself close to transit, restaurant, shopping at Semiahmoo Centre, medical services, local parks, the beach and much more! The homes also contain direct access onto major highways for your commuting needs. Monterey on Thrift is truly condo living at its finest. The balconies and decks were redone in 2004, rainscreened in 2009 and a new roof in 2016 this owner occupied building is very well managed and maintained.

Amenities

Clubhouse
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 $410,056 $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

3 homes have sold in Monterey on Thrift in the past year

Find out what your home here could sell for in today's market.

Neighbourhood

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