For Sale · Land

14947 BUENA VISTA AVENUE, White Rock

14947 BUENA VISTA AVENUE, White Rock, BC V4B1X5

$1.1M total

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Asset Class

Land

Size

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Building class

C

Zoning

UR — Urban Reserve

$ / SF

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Occupancy

83%

Lot Size

0.0893939393939394 ac

About this property

Your opportunity to build a luxury custom residence on an ocean view lot in one of White Rock's most prestigious neighbourhoods has arrived. Enjoy unobstructed views of Semiahmoo Bay and the Pacific Ocean from a prime hillside location just minutes to White Rock Beach, the Pier, waterfront restaurants, boutique shopping and everyday amenities. Stunning home design plans are available by top designers Sucasa Homes & Monolith Design Build Ltd are available, offering an outstanding opportunity for builders, investors or those looking to create their dream home or build a upto a 4-plex with RS-3 zoning. A truly irreplaceable property combining breathtaking views, an exceptional location and endless potential in one of the Lower Mainland's most sought-after coastal communities. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.10M
Down payment30% · $330K
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

Monthly debt service

$5K

Projected NOI

$43K

Annual cash flow

$-18K

Cash-on-cash

-5.33%

DSCR

0.71

Going-in cap

3.94%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

126,260

Households

57,680

Median income

$68,000

Median age

39.7

Daytime population

140,449

5-yr growth

9%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 14947 BUENA VISTA AVENUE, White Rock.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.