Property Type: Detached HouseOwnership: Freehold

12050 3 Highway

Greenwood, BC V0H1J0

$549,000

2 bed2.5 bath1 parking1,860 sqftBuilt 1979
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
12 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$2,170.73

Interior

Heating
Baseboard heaters, Stove, Wood
Fireplace
Yes (2)
Fireplace type
Free Standing Metal

Exterior & Lot

Exterior features
Wood siding

Building

Roof
Metal, Unknown

Parking

Total spaces
1 — uncovered indicated
Features
See Remarks

Room Dimensions

RoomLevelDimensions
KitchenMain level14' x 11'8''
Laundry roomBasement11'5'' x 22'7''
StorageBasement12'9'' x 11'3''
GymBasement14'2'' x 11'
Partial bathroomSecond level
BedroomSecond level16'5'' x 9'2''
DenSecond level16' x 13'1''
FoyerMain level7'4'' x 3'7''
Primary BedroomMain level11'4'' x 13'11''
Full bathroomMain level
Living roomMain level13'6'' x 11'6''
Dining roomMain level11' x 11'4''

Listing Information

MLS®
10383630
Listed
April 15, 2026
Time on market
On the market for 138 days
Data last synced
August 28, 2026

Listing provided by: Grand Forks Realty Ltd · Data source: CREA DDF.

Description

Set on 12 private acres backing onto Crown land, this property offers a peaceful rural setting with plenty of usable space and is currently set up for horses. The 1979-built home has seen some updates and features the primary bedroom, full bathroom, kitchen, and living/dining area on the main floor. Upstairs offers a second living area, second bedroom, half bath, and balcony, adding flexibility to the layout. The basement includes a wood stove, laundry, home gym, and workshop area. Outside, there is a covered deck, a small workshop beside the house, plus multiple outbuildings including a wood shed, horse shelters, round pen, and electric fencing. A solid option for buyers seeking privacy, acreage, and a peaceful outdoor setting, call your agent to view today! (id:63159)

Values & Trends

This listing

$295/sqft

Building average

No other active listings in this building

Greenwood average

$372/sqft

16 active listing(s)

Parking: 1 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Location Insights

Weather

Nearest station: Grand Forks

18°C

Humidity 50%

Wind NNW 2 km/h

Tonight

Tuesday

26°

Tuesday night

12°

Wednesday

17°

Wednesday night

11°

Thursday

14°

Source: Environment and Climate Change Canada.

Population

702

(2021 Census)

+5.6% since 2016

Density: 290.1/km²

Dwellings: 448

Median household income: $47,600

After-tax: $44,800

Immigrant population: 11.9%

Top countries of origin (% of total population)

  • United States of America3.6% · 25
  • Germany2.1% · 15
  • Netherlands1.4% · 10
  • United Kingdom1.4% · 10

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Greenwood ElementaryElementary6.4 km
John A. Hutton ElementaryElementary15.6 km
Grand Forks SecondarySecondary16.0 km
Dr. D.A. Perley ElementaryElementary16.2 km
Walker Development CentreSecondary16.4 km
Boundary Central SecondarySecondary18.7 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

No TransLink stops within an ~10-minute walk.

School district: Boundary (SD51)

Mortgage & Ownership Cost Calculator

Minimum required: 5.4% ($29,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$439,200.00
Periodic payment — Principal & Interest (monthly)$2,833.57
Additional monthly expenses (strata, tax, utilities, etc.)$273.89
Total monthly cost$3,107.46
Interest paid over 5-yr term$125,875.98
Balance at end of term$395,061.82

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$29,900
Stress test qualifying rate8.09%
Payment you must qualify for$3,991.70

Cash Needed at Closing

Minimum down payment$29,900
Estimated BC PTT$8,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$40,380

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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