2320 HAMILTON HILL Road
Merritt, BC V1K1B8
$9,900,000
Property Details
Property & Lot
- Sub-type
- Other
- Lot size
- 64.51 acres
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $114,100
Interior
- Fireplace
- None
Listing Information
- MLS®
- 10396722
- Listed
- August 7, 2026
- Time on market
- On the market for 24 days
- Data last synced
- August 28, 2026
Listing provided by: Century 21 Assurance Realty Ltd · Data source: CREA DDF.
Description
An exceptional investment and development opportunity awaits in one of British Columbia's emerging growth markets. This strategically located development site in Merritt offers investors and builders the rare advantage of approved zoning and significant preliminary work already completed. As more British Columbians seek the affordability and lifestyle of communities beyond the Lower Mainland, Merritt continues to experience growing demand for housing. Ideally located just two hours from Metro Vancouver and approximately one hour from both Kamloops and Kelowna, the city is well positioned for continued growth. The property is zoned for a master-planned development of up to 250 residential units, including single-family homes, condominiums, and a hotel (see supplements). The current owners have secured a water supply through a joint venture with a local company utilizing provincial financing, while sewer and power services are nearby. Proposed site plans, architectural renderings, and preliminary civil engineering by a respected Kelowna engineering consulting firm are available to qualified purchasers through an (NDA). The owners are also willing to consider a joint venture partnership or vendor financing with a qualified developer, creating additional flexibility for the right buyer. All measurements and information are believed to be accurate but should be independently verified by buyers or their representatives if deemed important. (id:63159)
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.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Nicola Canford Elementary | Elementary | 2.7 km |
| Diamond Vale Elementary | Elementary | 3.1 km |
| Kengard Alternate School | Secondary | 3.8 km |
| Merritt Central Elementary | Elementary | 4.4 km |
| Merritt Bench Elementary | Elementary | 4.5 km |
| Merritt Secondary | Elementary | 4.7 km |
| Collettville Elementary | Elementary | 5.2 km |
| Lower Nicola Band School(Independent) | Elementary | 10.7 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.
School district: Nicola-Similkameen (SD58)
Similar Listings Nearby
No similar listings found nearby right now.
Explore More Homes
Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($1,980,000) — 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.