Property Type: Condo / ApartmentOwnership: Strata

2514 Spring Bank Avenue Unit# 103

Merritt, BC V1K0B1

$524,900

4 bed3.5 bath4 parking2,600 sqftBuilt 2017
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Open House

Saturday, September 5

2:00 PM4:00 PM

Saturday, September 5

2:00 PM4:00 PM

Amenities

Also listed: RV Storage

Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
1 acres

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$640/mo
Annual property tax
$4,631.66

Maintenance Fee Includes

WaterGarbageManagement

Also included: Ground Maintenance, Other, See Remarks, Sewer

Interior

Basement
Full
Heating
Forced air, See remarks, Hot Water
Cooling / A/C
Central air conditioning
Fireplace
Yes (1)
Fireplace type
Gas, Unknown
Flooring
Carpeted, Vinyl

Exterior & Lot

Exterior features
Brick, Other
View
City view, Mountain view, Valley view, View (panoramic)

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
4 — covered indicated
Features
Attached Garage, RV

Restrictions & Policies

Pets
Allowed with restrictions
Rentals
Allowed

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Room Dimensions

RoomLevelDimensions
4pc BathroomLower level
BedroomLower level12'3'' x 11'11''
DenLower level10' x 10'
BedroomLower level11'5'' x 15'6''
Recreation roomLower level30'4'' x 27'2''
Full ensuite bathroomMain level
Partial bathroomMain level
BedroomMain level9'5'' x 10'3''
Primary BedroomMain level12'4'' x 16'9''
Dining roomMain level12'5'' x 12'1''
Living roomMain level20'1'' x 22'10''
KitchenMain level7'8'' x 13'4''

Listing Information

MLS®
10392018
Listed
June 23, 2026
Time on market
On the market for 69 days
Data last synced
August 28, 2026

Listing provided by: Team 3000 Realty Ltd. · Data source: CREA DDF.

Description

GREAT PRICE for a detached home, only 9 years old in one of the best areas of Merritt. PRICED BELOW BC ASSESSMENT. Beautiful 4-bedroom 3-bathroom detached home with MASTER-BEDROOM ON MAIN LEVEL. This home offers breathtaking PANORAMIC MOUNTAIN & VALLEY VIEWS and SUMMER FIREWORKS viewing right from your balcony. Enjoy PEACE & QUIET here. Built in 2017. Main floor features open concept layout with large living room for entertaining with DOUBLE-SIDED GAS FIREPLACE that connects to spacious kitchen & dining room. Chef inspired kitchen has quartz counters, GAS STOVE, large centre island and walk out to your private WEST FACING sundeck perfect for watching AFTERNOON SUNSETS & summer BBQs. Main floor has 2 bedrooms & 2 bathrooms including large Primary-Bedroom with soft carpets, SPA-LIKE ENSUITE, soaker tub & walk-in closet. The home offers a GIANT RECREATION ROOM downstairs with 2 additional bedrooms, a den, and full bathroom. This home has CENTRAL AIR-CONDITIONING, furnace heat, double car garage, 2 extra parking spots in driveway and available RV PARKING! This beautiful detached strata home is located in UPSCALE & EXCLUSIVE Nicole Bluffs which for a monthly strata fee includes everything done for you on the outside of the house including roof, siding, windows, deck and also all the landscaping, sewer, water, snow removal, and garbage collection. All you have to do is maintain the inside of your home. Perfect for families, working professionals, retirees or investors. (id:63159)

Values & Trends

This listing

$202/sqft

Building average

$214/sqft

2 active listing(s)

Merritt average

$290/sqft

3 active listing(s)

Parking: 4 stall(s) includedStorage locker: Not indicated

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

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

19

4/9 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
Merritt Bench ElementaryElementary796 m
Kengard Alternate SchoolSecondary1.0 km
Diamond Vale ElementaryElementary1.6 km
Nicola Canford ElementaryElementary1.8 km
Merritt Central ElementaryElementary2.1 km
Merritt SecondaryElementary2.2 km
Collettville ElementaryElementary3.1 km
Lower Nicola Band School(Independent)Elementary7.4 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.

Nearby Places

Restaurants (1)

  • Home Restaurant652 m

Cafes (1)

  • Tim Hortons · River Ranch Road658 m

Grocery (1)

  • No Frills500 m

Shopping (1)

  • Canadian Tire760 m

Nearby places data: © OpenStreetMap contributors.

School district: Nicola-Similkameen (SD58)

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 5.2% ($27,490) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$419,920.00
Periodic payment — Principal & Interest (monthly)$2,709.18
Additional monthly expenses (strata, tax, utilities, etc.)$1,155.81
Total monthly cost$3,864.99
Interest paid over 5-yr term$120,350.28
Balance at end of term$377,719.40

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$27,490
Stress test qualifying rate8.09%
Payment you must qualify for$3,824.91

Cash Needed at Closing

Minimum down payment$27,490
Estimated BC PTT$8,498
Legal / closing costs (typical estimate)$1,500
Total cash needed$37,488

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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