Property Type: Land / LotOwnership: Freehold

12th Street Lot# 3

Grand Forks, BC V0H1H0

$229,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
2.77 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$1,252

Interior

Fireplace
None

Exterior & Lot

View
Mountain view, River view, Valley view, View (panoramic)
Waterfront
Waterfront on river

Listing Information

MLS®
10385756
Listed
May 2, 2026
Time on market
On the market for 121 days
Data last synced
August 28, 2026

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

Description

Build a dream home and enjoy your own beach! This 2.767-acre flat lot located just minutes from Downtown Grand Forks offers endless potential, with approximately 125 feet of riverfront access, a beach, mature trees, and ample room for your home build. Water, power and natural gas are all available along 12th street, and the R4 Rural Residential zoning allows for a wide range of uses. As well as having river frontage, the property also offers fantastic panoramic views in all directions and is situated in a quiet rural neighbourhood, but with the convenience of shops and services just a few minutes drive away. This property is being listed as a stand-alone property or can be purchased with the neighbouring Lot 4 MLS#10385758 providing a total space of 5.337 acres, with 250 feet of waterfront. (id:63159)

Location Insights

Weather

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

4,112

(2021 Census)

+1.6% since 2016

Density: 396.5/km²

Dwellings: 1,969

Median household income: $61,600

After-tax: $56,800

Immigrant population: 9.1%

Top countries of origin (% of total population)

  • United Kingdom2.4% · 100
  • United States of America1.8% · 75
  • Philippines0.5% · 20
  • Italy0.4% · 15
  • France0.2% · 10
  • Germany0.2% · 10

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Dr. D.A. Perley ElementaryElementary943 m
Grand Forks SecondarySecondary1.1 km
Walker Development CentreSecondary1.3 km
John A. Hutton ElementaryElementary1.7 km
Christina Lake ElementaryElementary17.7 km
Greenwood ElementaryElementary19.2 km
Boundary Central SecondarySecondary23.5 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: 5.0% ($11,450) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$183,200.00
Periodic payment — Principal & Interest (monthly)$1,181.94
Additional monthly expenses (strata, tax, utilities, etc.)$104.33
Total monthly cost$1,286.28
Interest paid over 5-yr term$52,505.65
Balance at end of term$164,788.99

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$11,450
Stress test qualifying rate8.09%
Payment you must qualify for$1,672.88

Cash Needed at Closing

Minimum down payment$11,450
Estimated BC PTT$2,580
Legal / closing costs (typical estimate)$1,500
Total cash needed$15,530

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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