For Sale · Land

1453 STAYTE ROAD, White Rock

1453 STAYTE ROAD, White Rock, BC V4B4Z3

$3.8M total

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Asset Class

Land

Size

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Building class

A

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

82%

Lot Size

0.7863406795224978 ac

About this property

1453 Stayte Road, White Rock, BC (the "Property") presents a rare opportunity to acquire a fully entitled townhouse development site in one of Metro Vancouver's most sought-after coastal communities. Offered for sale through a lender-driven foreclosure process, the 34,253 SF Property is zoned CD-62 (Comprehensive Development) and benefits from a Development Permit approving 20 slab-on -grade townhouse units. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$3.80M
Down payment30% · $1.14M
Interest rate6.25%
Amortization25 years
Occupancy82%
Expense growth2.5%

Monthly debt service

$18K

Projected NOI

$160K

Annual cash flow

$-50K

Cash-on-cash

-4.41%

DSCR

0.76

Going-in cap

4.22%

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

91,224

Households

41,513

Median income

$71,500

Median age

39.3

Daytime population

123,054

5-yr growth

4.9%

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

Secure deal room

Confidential diligence documents for 1453 STAYTE ROAD, 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.