Ocean Ridge

14001-14047 Marine Drive, White Rock, BC
Built 1973
36 units
Townhouse
1 active

About Ocean Ridge

Ocean Ridge at 14001-14047 Marine Drive is a quiet and well-maintained complex with only 36 units. The complex itself is placed on a park-like 4.5 acres of land and features a gorgeous large pond. Ocean Ridge is placed in a prime location walking distance from White Rock beach and all it offers including restaurants, activities and shops. 

Investor Insights — Townhouses in White Rock

Estimated rental yields based on MLS data for townhouses in White Rock.

Type Beds Avg Rent Avg Sale Strata Net Yield
Townhouse 2 $3,450/mo $862,060 $573/mo 3.4%

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

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1 home has sold in Ocean Ridge in the past year

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Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$1,500,000Median home value
$94,000Median household income
66.3%Owner-occupied
42.5%Single-detached homes
2.2Avg household size
55.6Median age
38.3%Bachelor's degree or higher (25-64)
46%Commute under 30 min
86.9%Drive to work
30.3%Foreign-born residents
5,970Neighbourhood population

Age

Under 15: 9.6%15 to 64: 57.3%65 and over: 33.1%
  • Under 159.6%
  • 15 to 6457.3%
  • 65 and over33.1%

Household size

  • 1 person31.8%
  • 238.6%
  • 313.3%
  • 49.9%
  • 5 or more6.4%

Language spoken at home

71.6% English mother tongue

  • Mandarin8.9%
  • Punjabi3.9%
  • English + other2.3%
  • German1.7%
  • French1.2%
  • Cantonese1%
  • All others9.4%

Mother tongue, share of 5,645 residents.

How this pocket differs

  • notably more 5+ person households than White Rock 6.4% vs 4%
  • more 4-person households than White Rock 9.9% vs 6.8%
  • fewer people living alone than White Rock 31.8% vs 44.3%
  • notably more Mandarin speakers than White Rock 8.9% vs 5.1%
  • more Punjabi speakers than White Rock 3.9% vs 3%
  • Median dwelling value is higher than Metro Vancouver $1,500,000 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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