Property Type: Condo / ApartmentOwnership: Strata

2514 Spring Bank Avenue Unit# 106

Merritt, BC V1K0B1

$565,000

4 bed3.5 bath3 parking2,603 sqftBuilt 2018
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Property Details

Property & Lot

Sub-type
House
Stories
2

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$632/mo
Annual property tax
$4,639.54

Maintenance Fee Includes

WaterGarbageManagement

Also included: Ground Maintenance, Insurance, Other, See Remarks, Reserve Fund Contributions, Sewer

Interior

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

Exterior & Lot

Exterior features
Other
View
Mountain view, River view, Valley view, View (panoramic)

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
3 — covered indicated
Features
Attached Garage

Room Dimensions

RoomLevelDimensions
Utility roomBasement6' x 16'4''
StorageBasement9' x 11'
4pc BathroomBasement5'4'' x 8'6''
BedroomBasement12'2'' x 12'8''
BedroomBasement12'4'' x 15'4''
Hobby roomBasement12' x 12'4''
Family roomBasement14' x 19'
PantryMain level4'7'' x 12'8''
Laundry roomMain level5'6'' x 10'10''
2pc BathroomMain level4'10'' x 5'
5pc Ensuite bathMain level8'6'' x 11'
BedroomMain level9'10'' x 10'8''
Primary BedroomMain level12'6'' x 14'4''
FoyerMain level6' x 10'2''
Living roomMain level13'4'' x 17'4''
Dining roomMain level10'6'' x 13'4''
KitchenMain level9' x 13'4''

Listing Information

MLS®
10381129
Listed
March 30, 2026
Time on market
On the market for 154 days
Data last synced
August 28, 2026

Listing provided by: eXp Realty (Kamloops) · Data source: CREA DDF.

Description

Picture yourself in this beautifully designed standalone detached strata home offering low-maintenance living with breathtaking panoramic views of the river valley, mountains, and surrounding grasslands. With 1,470 sq ft on the main and 1,133 finished sq ft below, this home features 9-ft ceilings throughout and a bright, open layout. The main floor offers a spacious foyer, a large modern kitchen with quartz countertops, soft-close cabinetry with slide-outs, stainless steel appliances, and a natural gas range, plus a generous dining and living area with a double-sided gas fireplace. Enjoy main floor laundry with sink and a new mezzanine space ideal for a pantry, mudroom, or extra storage. The primary bedroom features a walk-in closet and 5-piece ensuite with dual sinks, soaker tub, separate shower, and private toilet. The lower level offers a huge family room, perfect for entertaining or flex space, plus 2 large bedrooms, a 4-piece bathroom, and ample storage. Additional features include central air, central vac with attachments, water softener, island seating, and beautifully maintained landscaping. With 4 bedrooms and 3 bathrooms, this home offers space for family, guests, or retirement living. Located in a quiet, well-cared-for complex with no through road, enjoy done for you yard work & easy access to walking trails, paved pathways, shopping, restaurants, schools, & the college - all just minutes away. *2 years remaining in the 2-5-10 Home Warranty. (id:63159)

Values & Trends

This listing

$217/sqft

Building average

$207/sqft

2 active listing(s)

Merritt average

$285/sqft

3 active listing(s)

Parking: 3 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

15

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 ElementaryElementary819 m
Kengard Alternate SchoolSecondary1.0 km
Diamond Vale ElementaryElementary1.6 km
Nicola Canford ElementaryElementary1.7 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 Restaurant691 m

Cafes (1)

  • Tim Hortons · River Ranch Road694 m

Grocery (1)

  • No Frills531 m

Shopping (1)

  • Canadian Tire793 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: 5.6% ($31,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$452,000.00
Periodic payment — Principal & Interest (monthly)$2,916.15
Additional monthly expenses (strata, tax, utilities, etc.)$1,148.79
Total monthly cost$4,064.94
Interest paid over 5-yr term$129,544.50
Balance at end of term$406,575.46

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$31,500
Stress test qualifying rate8.09%
Payment you must qualify for$4,102.43

Cash Needed at Closing

Minimum down payment$31,500
Estimated BC PTT$9,300
Legal / closing costs (typical estimate)$1,500
Total cash needed$42,300

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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