1700 Hill Street
Merritt, BC V1K1L2
$199,000
Property Details
Property & Lot
- Sub-type
- Other
- Lot size
- 0.21 acres
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $1,472
Interior
- Fireplace
- None
Exterior & Lot
- View
- Mountain view
Listing Information
- MLS®
- 10346385
- Listed
- May 5, 2025
- Time on market
- On the market for 483 days
- Data last synced
- August 28, 2026
Listing provided by: REMAX Legacy · Data source: CREA DDF.
Description
This spacious .21-acre flat lot, with 71.5 ft of frontage and 125 ft of depth, presents an exceptional investment opportunity. The property owners have already initiated the subdivision process, aiming to divide the lot into two separate titles. Pin locations are in place, allowing a clear view of the proposed division, and building plans for the two new lots are available upon request. The property is serviced with both water and sewer connections on-site. Should you choose to proceed with the subdivision, only one connection fee will be required from the city main, streamlining initial costs. This lot is ideal for various development options: maximize your investment by completing the subdivision or enjoy the freedom to build on a larger lot with ample space. Buyers are advised to confirm subdivision costs and requirements with the City of Merritt. Whether you're looking to invest or build, this property offers versatility, convenience, and potential. (id:63159)
Location Insights
Weather
12°C
—
Humidity 76%
Wind NE 6 km/h
Tonight
8°
Tuesday
25°
Tuesday night
12°
Wednesday
21°
Wednesday night
9°
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
| School | Type | Distance |
|---|---|---|
| Collettville Elementary | Elementary | 440 m |
| Merritt Secondary | Elementary | 503 m |
| Merritt Central Elementary | Elementary | 734 m |
| Kengard Alternate School | Secondary | 1.7 km |
| Diamond Vale Elementary | Elementary | 2.0 km |
| Merritt Bench Elementary | Elementary | 2.4 km |
| Nicola Canford Elementary | Elementary | 2.4 km |
| Lower Nicola Band School(Independent) | Elementary | 5.8 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
Parks (3)
- Centennial Park · 1350 Government Avenue283 m
- Voght Park · 1500 Canford Avenue368 m
- Fairley Park · 1788 Quilchena Avenue642 m
Nearby places data: © OpenStreetMap contributors.
School district: Nicola-Similkameen (SD58)
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Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($9,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.