Waterford Place

15164 Prospect Avenue, White Rock, BC
Built 2007
25 units
Lowrise
1 active

About Waterford Place

Waterford Place at 15164 Prospect Point in White Rock is beautifully finished with stainless steel appliances, granite counters and hardwood flooring. These low rise condos are unique in that they are concrete buildings rather than wood frame.

Amenities

elevator
storage

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 $732,697 $623/mo 4.0%

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.
$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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