White Rock

White Rock sits right at the US border, where the Pacific Ocean meets suburban sophistication. This isn’t your typical seaside community—it’s where Vancouver’s overflow found the perfect escape without actually escaping much of anything.

The numbers tell a story that mortgage professionals should notice. With a median age of 58 and nearly 40% of residents over 65, White Rock has become British Columbia’s unofficial retirement capital. These aren’t struggling seniors either—the median household income of $73,000 in a community where most people have stopped working full-time suggests substantial assets and equity positions.

Here’s what makes White Rock different: it’s one of the few places in BC where you can walk to the beach, catch a train to downtown Vancouver, and still feel like you’re living in a resort town. The famous White Rock pier stretches 470 meters into Semiacomox Bay, and the promenade buzzes year-round with retirees who’ve traded Toronto winters for Zone 8b gardening weather.

The housing mix reveals the community’s evolution—only 24% single-family homes, with apartments and duplexes dominating. This density creates a walkable lifestyle that appeals to downsizing boomers and empty nesters. Properties here hold value because the lifestyle delivers on its promises.

Unfortunately, Tekamar’s maximum LTV for White Rock is 0%—we don’t lend in this community. While White Rock offers undeniable lifestyle appeal and strong demographics, our lending focus remains on communities outside the Greater Vancouver area where we can provide better value to both brokers and borrowers.

For mortgage brokers working with clients interested in similar oceanfront retirement communities, consider exploring our lending opportunities in places like Comox or Powell River, where we can offer competitive LTV ratios and the same coastal lifestyle appeal.