Property Type: TownhouseOwnership: Freehold

1672 Douglas Street

Merritt, BC V1K1E2

$229,900

3 bed2.5 bath1,124 sqftBuilt 1971
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Property Details

Property & Lot

Sub-type
Row / Townhouse
Stories
3
Lot size
0.06 acres

Ownership & Fees

Property type
Townhouse
Ownership
Freehold
Annual property tax
$2,281

Interior

Heating
Forced air, See remarks
Fireplace
None

Exterior & Lot

Exterior features
Stucco, Wood siding, Other
View
Mountain view

Building

Roof
Asphalt shingle, Unknown

Parking

Features
Street

Room Dimensions

RoomLevelDimensions
Recreation roomBasement14'3'' x 15'6''
Utility roomBasement18'0'' x 9'7''
Full bathroomSecond level
Primary BedroomSecond level13'3'' x 10'6''
BedroomSecond level8'3'' x 10'0''
Partial bathroomMain level
BedroomSecond level11'1'' x 10'5''
Dining roomMain level13'5'' x 19'2''
KitchenMain level12'4'' x 10'1''
Living roomMain level11'8'' x 11'1''

Listing Information

MLS®
10379587
Listed
March 16, 2026
Time on market
On the market for 168 days
Data last synced
August 28, 2026

Listing provided by: REMAX Legacy · Data source: CREA DDF.

Description

Investors take note! This well-maintained 3 bedroom, 1.5 bathroom townhome offers a fantastic opportunity in a convenient central location. The home has seen numerous updates throughout, making it both comfortable and functional for everyday living. With a practical layout, this property provides great value and long-term potential. Ideally situated close to an elementary school, shopping, parks, and other everyday amenities, this location offers convenience and accessibility. Commuting is easy with quick access to main routes, making it a great option for tenants. A tenant is currently in place, making this a strong turnkey investment opportunity with immediate rental income potential. Whether you’re looking to expand your investment portfolio or secure a home in a desirable area, this property checks the boxes. Don’t miss out on this opportunity book your showing today and see the value this townhome has to offer! All measurements are approximate, verify if deemed important. (id:63159)

Values & Trends

This listing

$205/sqft

Building average

No other active listings in this building

Merritt average

$224/sqft

6 active listing(s)

Parking: Not indicatedStorage 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

12°C

Humidity 76%

Wind NE 6 km/h

Tonight

Tuesday

25°

Tuesday night

12°

Wednesday

21°

Wednesday night

Thursday

16°

Source: Environment and Climate Change Canada.

Population

7,051

(2021 Census)

-1.2% since 2016

Density: 270.8/km²

Dwellings: 3,149

Median household income: $70,000

After-tax: $64,000

Immigrant population: 9.6%

Top countries of origin (% of total population)

  • India2.3% · 160
  • United States of America1% · 70
  • United Kingdom0.9% · 65
  • Philippines0.8% · 55
  • Korea, South0.5% · 35
  • Italy0.4% · 25
  • Netherlands0.4% · 25
  • South Africa, Republic of0.3% · 20

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

7

1/9 categories nearby

Transit

Not enough data yet

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Diamond Vale ElementaryElementary101 m
Nicola Canford ElementaryElementary396 m
Kengard Alternate SchoolSecondary917 m
Merritt Central ElementaryElementary1.3 km
Merritt SecondaryElementary1.6 km
Merritt Bench ElementaryElementary1.9 km
Collettville ElementaryElementary2.3 km
Lower Nicola Band School(Independent)Elementary7.7 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.

Nearby Places

Restaurants (1)

  • Chloe's Diner · 2701 Nicola Avenue469 m

Nearby places data: © OpenStreetMap contributors.

School district: Nicola-Similkameen (SD58)

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($11,495) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$183,920.00
Periodic payment — Principal & Interest (monthly)$1,186.59
Additional monthly expenses (strata, tax, utilities, etc.)$246.08
Total monthly cost$1,432.67
Interest paid over 5-yr term$52,712.00
Balance at end of term$165,436.63

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$11,495
Stress test qualifying rate8.09%
Payment you must qualify for$1,679.46

Cash Needed at Closing

Minimum down payment$11,495
Estimated BC PTT$2,598
Legal / closing costs (typical estimate)$1,500
Total cash needed$15,593

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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