Property Type: Land / LotOwnership: Freehold

2457 COLDWATER Road Unit# Lot 9

Merritt, BC V1K1B8

$369,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
7.59 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$1,235.36

Interior

Fireplace
None

Listing Information

MLS®
10395236
Listed
July 20, 2026
Time on market
On the market for 42 days
Data last synced
August 28, 2026

Listing provided by: Stonehaus Realty Corp · Data source: CREA DDF.

Description

Room to roam and a blank canvas to build on. This 7.59 acre parcel sits just outside Merritt, reached by paved road the whole way in. Hydro is already run to poles on the property, a well is drilled and ready, and you'll get a set of custom home plans included in the sale, so your build timeline gets a real head start. Hunt, ride, garden, or just breathe. Four seasons of recreation right outside your door, with the privacy of acreage and the convenience of being close to town. (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.

Nearby Schools

SchoolTypeDistance
Collettville ElementaryElementary18.6 km
Merritt Central ElementaryElementary19.3 km
Merritt SecondaryElementary19.3 km
Nicola Canford ElementaryElementary19.4 km
Diamond Vale ElementaryElementary19.5 km
Kengard Alternate SchoolSecondary20.1 km
Merritt Bench ElementaryElementary21.2 km
Lower Nicola Band School(Independent)Elementary21.4 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.

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($18,450) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$295,200.00
Periodic payment — Principal & Interest (monthly)$1,904.53
Additional monthly expenses (strata, tax, utilities, etc.)$102.95
Total monthly cost$2,007.48
Interest paid over 5-yr term$84,605.17
Balance at end of term$265,533.35

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$18,450
Stress test qualifying rate8.09%
Payment you must qualify for$2,695.61

Cash Needed at Closing

Minimum down payment$18,450
Estimated BC PTT$5,380
Legal / closing costs (typical estimate)$1,500
Total cash needed$25,330

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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