Property Type: Land / LotOwnership: Freehold

2135 Merritt Avenue

Merritt, BC V1K1B8

$349,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.5 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$0

Interior

Fireplace
None

Listing Information

MLS®
10390830
Listed
June 11, 2026
Time on market
On the market for 81 days
Data last synced
August 28, 2026

Listing provided by: Canada Flex Realty Group · Data source: CREA DDF.

Description

Welcome to a rare development and investment opportunity in the heart of Merritt. This newly created 0.4 acre lot, located just off Merritt Avenue. Zoned R-8 High Density Residential, this property opens the door to a wide range of possibilities for builders, investors, and future homeowners alike. Whether you’re considering multi-unit development, rental housing, or a spacious private residence with ample room for parking, storage, and outdoor living, this versatile parcel delivers outstanding potential in a central location close to amenities, schools, and services. The property currently features outbuildings without a primary residence. As per municipal requirements, the successful buyer will have six months from completion to either construct a primary residence or remove the existing outbuildings. Don’t miss this unique opportunity to secure a high-density zoned lot in one of Merritt’s most convenient and desirable areas. (id:63159)

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

63

8/9 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
Kengard Alternate SchoolSecondary443 m
Merritt Central ElementaryElementary822 m
Merritt SecondaryElementary887 m
Merritt Bench ElementaryElementary1.1 km
Diamond Vale ElementaryElementary1.2 km
Nicola Canford ElementaryElementary1.6 km
Collettville ElementaryElementary1.8 km
Lower Nicola Band School(Independent)Elementary6.5 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.

Nearby Places

Restaurants (5+)

  • Mughai Gardens · 2350 Voght Street180 m
  • Grand Pub & Grill Ltd · 2099 Garcia Street238 m
  • Mongos Mongolian Grill · 103-2102 Nicola Avenue248 m
  • Canada Cafe · 2055 Quilchena Avenue412 m
  • Superior Pizza · 2052 Quilchena Avenue459 m

Cafes (3)

  • Valley Graze Box · 2114 Nicola Avenue251 m
  • Kekuli Cafe Indigenous Cuisine · 2051 Voght Street333 m
  • Coldwater Cafe · 1901 Voght Street450 m

Grocery (1)

  • Save-On-Foods640 m

Parks (5+)

  • N’kwala Park · 2050 Merritt Avenue165 m
  • Baillie House202 m
  • Lions Memorial Park · 2408 Voght Street277 m
  • Spirit Square · 2026-2058 Granite Avenue377 m
  • Rotary Park · 1990 Maxwell Avenue576 m

Shopping (2)

  • FIELDS Merritt · 2058 Quilchena Avenue454 m
  • Railyard Mall · 1700 Garcia Street632 m

Gyms (3)

  • Akasa Yoga Studio · 101-2102 Nicola Avenue230 m
  • Beyond Fitness Ladies · 2076B Granite Avenue347 m
  • Planet Fitness530 m

Pharmacies (2)

  • Black's Pharmacy · 2037 Quilchena Avenue413 m
  • Pharmasave · 1800 Garcia Street480 m

Banks & ATMs (3)

  • Interior Savings Credit Union · 1959 Voght Street416 m
  • RBC Royal Bank · 2090 Quilchena Avenue442 m
  • CIBC · 2002 Quilchena Avenue469 m

Nearby places data: © OpenStreetMap contributors.

School district: Nicola-Similkameen (SD58)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($17,450) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$279,200.00
Periodic payment — Principal & Interest (monthly)$1,801.30
Additional monthly expenses (strata, tax, utilities, etc.)$0.00
Total monthly cost$1,801.30
Interest paid over 5-yr term$80,019.52
Balance at end of term$251,141.30

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$17,450
Stress test qualifying rate8.09%
Payment you must qualify for$2,549.50

Cash Needed at Closing

Minimum down payment$17,450
Estimated BC PTT$4,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$23,930

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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