2225 Merritt Avenue
Merritt, BC V1K1B8
$599,000
Property Details
Property & Lot
- Sub-type
- House
- Stories
- 1
- Lot size
- 0.2 acres
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $5,200
Interior
- Heating
- Forced air
- Cooling / A/C
- Central air conditioning
- Fireplace
- None
Building
- Roof
- Asphalt shingle, Unknown
Parking
- Total spaces
- 2 — covered indicated
- Features
- Attached Garage
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| 4pc Bathroom | Basement | — |
| Bedroom | Basement | 9'4'' x 10'8'' |
| Bedroom | Basement | 11'2'' x 11'11'' |
| Kitchen | Basement | 6'9'' x 16'9'' |
| Dining room | Basement | 5'5'' x 16'9'' |
| Family room | Basement | 9'3'' x 19' |
| Laundry room | Main level | 8'10'' x 9'3'' |
| 4pc Bathroom | Main level | — |
| Bedroom | Main level | 10'4'' x 11'8'' |
| Primary Bedroom | Main level | 10'4'' x 17'5'' |
| Dining room | Main level | 9'1'' x 10'4'' |
| Kitchen | Main level | 8'9'' x 10'1'' |
| Living room | Main level | 12'5'' x 17'2'' |
Listing Information
- MLS®
- 10390923
- Listed
- June 11, 2026
- Time on market
- On the market for 81 days
- Data last synced
- August 28, 2026
Listing provided by: Royal LePage Merritt R.E. Serv · Data source: CREA DDF.
Description
Mortgage helper and dream shop! Looking for property that works as hard as you do? This beautifully maintained 4-bedroom 2-bath offers the perfect combination of comfortable living, income potential and an incredible high ceiling 20 x 30 shop all in one of Merritt's most desirable downtown neighbourhoods. Just a short walk to the arena, shopping, schools, restaurants and everyday amenities, this property is ideal for investors or anyone looking to reduce their monthly housing costs. The fully furnished basement suite is currently generating $2,200 per month in rental income, providing a fantastic mortgage helper from day one. With its own living space, washer and dryer, the suite is attractive to tenants and offers excellent flexibility. Upstairs, you will find a bright, welcoming living space featuring two bedrooms, one bathroom, newer laminate floors and central air conditioning for year-round comfort. Step outside to enjoy a fully fenced backyard complete with underground irrigation, a garden shed and plenty of room for gardening, pets and family gatherings. Move in, collect rental income and enjoy everything this exceptional property has to offer. (id:63159)
Values & Trends
This listing
$296/sqft
Building average
—
No other active listings in this building
Merritt average
$360/sqft
91 active listing(s)
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
16°C
—
Humidity 59%
Wind NE 5 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
56
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
| School | Type | Distance |
|---|---|---|
| Kengard Alternate School | Secondary | 275 m |
| Merritt Central Elementary | Elementary | 859 m |
| Merritt Secondary | Elementary | 978 m |
| Diamond Vale Elementary | Elementary | 1.1 km |
| Merritt Bench Elementary | Elementary | 1.1 km |
| Nicola Canford Elementary | Elementary | 1.5 km |
| Collettville Elementary | Elementary | 1.9 km |
| Lower Nicola Band School(Independent) | Elementary | 6.7 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 (5+)
- Mongos Mongolian Grill · 103-2102 Nicola Avenue290 m
- Grand Pub & Grill Ltd · 2099 Garcia Street300 m
- Mughai Gardens · 2350 Voght Street358 m
- Canada Cafe · 2055 Quilchena Avenue465 m
- Superior Pizza · 2052 Quilchena Avenue509 m
Cafes (3)
- Valley Graze Box · 2114 Nicola Avenue280 m
- Kekuli Cafe Indigenous Cuisine · 2051 Voght Street448 m
- Coldwater Cafe · 1901 Voght Street530 m
Grocery (1)
- Save-On-Foods612 m
Parks (5+)
- N’kwala Park · 2050 Merritt Avenue334 m
- Baillie House361 m
- Lions Memorial Park · 2408 Voght Street444 m
- Spirit Square · 2026-2058 Granite Avenue459 m
- Rotary Park · 1990 Maxwell Avenue739 m
Shopping (2)
- FIELDS Merritt · 2058 Quilchena Avenue497 m
- Railyard Mall · 1700 Garcia Street605 m
Gyms (3)
- Akasa Yoga Studio · 101-2102 Nicola Avenue277 m
- Beyond Fitness Ladies · 2076B Granite Avenue395 m
- Planet Fitness638 m
Pharmacies (2)
- Black's Pharmacy · 2037 Quilchena Avenue475 m
- Pharmasave · 1800 Garcia Street478 m
Banks & ATMs (3)
- RBC Royal Bank · 2090 Quilchena Avenue466 m
- Interior Savings Credit Union · 1959 Voght Street508 m
- CIBC · 2002 Quilchena Avenue535 m
Nearby places data: © OpenStreetMap contributors.
School district: Nicola-Similkameen (SD58)
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Mortgage & Ownership Cost Calculator
Minimum required: 5.8% ($34,900) — 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.