20.9% price reduction
Amazing opportunity to buy and build a small scale mixed use boutique building project in the heart of downtown White Rock. This could be a retirement project for someone to live in a penthouse and rent out a fully stratified building which could easily be sold individually in the future. Or for someone transitioning from single family construction to multifamily. Or maybe a great CMHC rental project for experienced players. 3rd reading done for a 4 story mixed use boutique building - 1 commercial, 8 two bed condos and 2 three bed penthouses all with ocean views. Buildable area approx. 15,500 sq.ft. Zoned CR-2. BC Assessment as is for just the raw land is $2,752,300! Selling as-is where-is
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Property History
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| Status | Date | Price |
|---|
Rooms
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Kitchen | 8'0 x 8'0 ft |
| Main Level | Bedroom | 10'0 x 10'0 ft |
| Main Level | Living Room | 10'0 x 10'0 ft |
| Above Level | Bedroom | 8'0 x 8'0 ft |
| Above Level | Bedroom | 8'0 x 8'0 ft |
| Above Level | Bedroom | 9'0 x 9'0 ft |
Bathrooms
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #3 |
NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
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Welcome to 1363 Johnston Road, a beautiful property located in the heart of White Rock, BC. As we step into this charming neighborhood, you'll notice the abundance of amenities and services that make life here truly special.
Education
First, let's talk about the schools. This property is serviced by White Rock Elementary School, which is just a short 0.23 km away from the house. With a rating of 5.5/10, families love this school for its excellent education and supportive community. In fact, White Rock Elementary School is one of the top-rated schools in the area, and its proximity to our property makes it an ideal choice for families with kids.
In addition to White Rock Elementary, our neighborhood is also home to Semiahmoo Secondary School, which is a short 1.26 km away. While the school's rating is not available, its proximity to our property and the excellent reputation of the school district make it a great option for families looking for a well-rounded education.
Safety
As we walk through the neighborhood, you'll notice that crime rates are relatively low compared to other areas. According to Statistics Canada's 2020 report, there were 1,810 violent disturbances in the area, which is an Above Average rate. However, when we look at the overall crime rate, we see a rate of 8,651.18, which is Above Average compared to other Canadian cities. While crime rates can fluctuate, this neighborhood has seen a Year by Year change in the total crime rate of 8.65%, indicating a relatively stable and safe environment.
Demographics
Let's take a look at the demographics of our neighborhood. As of the 2020 census, 24.1% of residents have a university certificate or degree, which is Above Average compared to other BC neighborhoods. However, 12.8% of the population has no certificate or degree, which is Below Average compared to the average in BC. In terms of income, the median household income is $48,192, which is Low compared to the British Columbia average. The median personal income is $34,629, which is Average in comparison to the BC average.
Transportation
As we explore the neighborhood, you'll notice that public transportation is convenient and accessible. The closest bus station is Southbound Johnston Rd @ Thrift Ave, which is just 0.11 km away from our property. With an Unemployment rate of 7.1, which is Below Average compared to other province neighborhoods, finding a job is relatively easy.
Community
This neighborhood is a vibrant and diverse community with a mix of families, young professionals, and retirees. In fact, 32.8% of residents are renters, which is Above Average compared to other BC cities and areas. The neighborhood is also relatively young, with an average age of 60.2, which is High compared to other BC cities.
Housing
In terms of housing, the average value of dwellings in this neighborhood is $422,524, which is Above Average compared to other areas in British Columbia. The average owner payments are Below Average, with owners spending an average of $925 per month. Tenants, on the other hand, pay an average of $1,063 per month, which is Average compared to other cities.
Language
As we explore the neighborhood, you'll notice that English is the dominant language spoken by residents. In fact, 93% of residents speak only English, which is Above Average compared to other BC cities. However, 6.1% of residents speak both English and French, which is Below Average compared to other BC cities.
Transportation
When it comes to transportation, 75.6% of residents use cars, which is Below Average compared to other areas. However, 15.6% of residents walk, which is High compared to other areas.
Overall
In conclusion, 1363 Johnston Road is a beautiful property located in a vibrant and diverse neighborhood in White Rock, BC. With its excellent schools, low crime rates, and convenient transportation options, this neighborhood is an ideal choice for families, young professionals, and retirees. As your trusted realtor, I'm here to help you navigate the home-buying process and find the perfect home for you.
Property Details
I hope you've enjoyed this tour of 1363 Johnston Road and the surrounding neighborhood. If you have any questions or would like to schedule a viewing, please don't hesitate to contact me. I'm here to help you find
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