2370 Nicholson Avenue Lot# 5
Merritt, BC V1K1L7
$195,000
Property Details
Property & Lot
- Sub-type
- Other
- Lot size
- 0.15 acres
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $2,000
Interior
- Fireplace
- None
Listing Information
- MLS®
- 10382507
- Listed
- April 10, 2026
- Time on market
- On the market for 143 days
- Data last synced
- August 28, 2026
Listing provided by: REMAX Legacy · Data source: CREA DDF.
Description
Exceptional opportunity to secure a lot in the highly desirable Bench location. This peaceful, family-friendly neighbourhood offers the perfect balance of nature and convenience, with close proximity to hiking and walking trails, parks, schools, and shopping amenities. Backing onto Crown land, the property provides easy access to stunning mountain views, tranquility, and natural surroundings. This quality subdivision features underground services to the property line, along with sidewalks, street trees, and ornamental street lighting, creating an attractive and cohesive streetscape. The developer has already paid the subdivision development cost charges and has implemented a Building Scheme to ensure design consistency and high-quality finishing, in keeping with the established homes in Phase 1. The lot’s gentle grade offers an ideal building site, making it easy to bring your dream home to life. Whether you’re looking to build or invest in a growing and desirable community, this property presents outstanding potential. Buyers are advised to verify all servicing and connection costs with the City and the applicable utility providers. GST is applicable. (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
19
3/9 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 |
|---|---|---|
| Merritt Bench Elementary | Elementary | 355 m |
| Kengard Alternate School | Secondary | 1.4 km |
| Diamond Vale Elementary | Elementary | 2.3 km |
| Merritt Central Elementary | Elementary | 2.3 km |
| Merritt Secondary | Elementary | 2.3 km |
| Nicola Canford Elementary | Elementary | 2.5 km |
| Collettville Elementary | Elementary | 3.2 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 (1)
- Home Restaurant430 m
Cafes (2)
- Tim Hortons · River Ranch Road725 m
- Starbucks735 m
Parks (1)
- Bench Park · 2175 Gillis Crescent381 m
Nearby places data: © OpenStreetMap contributors.
School district: Nicola-Similkameen (SD58)
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Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($9,750) — 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.