Blue Surf 1520 Blackwood St 27 Unit Apartment Building $10,000,000 CAD ($370,370 CAD/Unit) White Rock, BC V4B 3V4

Blue Surf Holdings Ltd. is a well-maintained, three-storey wood-frame apartment building originally constructed in 1974 as a 27-unit rental property. In 1976, the building was converted to a non-profit company structure under Blue Surf Holdings Ltd. A total of 10,000 shares were issued at that time, with each suite assigned a specific number of shares based on square footage. All residents are shareholders, and ownership of shares is required to reside in the building— fostering a strong sense of community and pride of ownership among occupants. The property offers a diverse unit mix of 2 studio suites, 13 one-bedroom suites, and 12 two-bedroom suites. Main floor suites feature expansive walk-out patios, some reaching up to 1,200 sq. ft., while the second and third floors include comfortable walk-out balconies of approximately 50 sq. ft. Each level also provides dedicated storage lockers for shareholder use. Heating is supplied through hot water circulated via baseboard radiators, supported by two boilers. The building is copper-wired, with each unit equipped for 60-amp service. Fire safety is enhanced through sprinkler systems located in rooms and the parking level. Ideally situated within walking distance to a full range of amenities including: dental and medical offices, banks, pharmacies, grocery store, liquor stores, and public transit. Blue Surf Holdings Ltd. offers both convenience and community living in a well-established and managed environment. The building is improved on a large 20,654 SF site, zoned RM-2 with an Town Centre Transition designation in White Rock’s Official Community Plan (OCP).