Property Type: Detached HouseOwnership: Freehold

2540 Coutlee Avenue

Merritt, BC V1K1B8

$429,000

3 bed2 bath3 parking1,200 sqftBuilt 1964
Get Directions

Property Details

Property & Lot

Sub-type
House
Stories
1
Lot size
0.14 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$2,770

Interior

Heating
Baseboard heaters, Electric
Fireplace
None
Flooring
Mixed Flooring

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
3

Room Dimensions

RoomLevelDimensions
4pc BathroomMain level
Living roomMain level9'7'' x 9'
KitchenMain level9'6'' x 8'
BedroomMain level11'6'' x 9'6''
4pc BathroomMain level
Laundry roomMain level5'8'' x 5'6''
BedroomMain level12'9'' x 8'11''
Primary BedroomMain level12' x 10'2''
Living roomMain level12'1'' x 14'2''
KitchenMain level12'1'' x 14'1''

Listing Information

MLS®
10382679
Listed
April 8, 2026
Time on market
On the market for 145 days
Data last synced
August 28, 2026

Listing provided by: Century 21 Assurance Realty Ltd. · Data source: CREA DDF.

Description

Affordable, well maintained home for sale with a self contained suite. .5 km from downtown Merritt on Coutlee avenue. 1200 sq. ft. single storey home with 2 living quarters, front living quarters features 2 bedrooms with 1 bathroom, laundry, private yard and a detached 12x20 shop. The back living quarters the (suite )features 1 bedroom, 1 bathroom, laundry, , private yard and a detached storage shed. This place is very tastefully renovated and with newer electrical, newer plumbing, newer windows, insulation, and roof etc. 24 hours notice please. Call listing agent today. Long Term Tenant in front unit. (id:63159)

Values & Trends

This listing

$358/sqft

Building average

No other active listings in this building

Merritt average

$360/sqft

91 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

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.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

30

7/9 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
Diamond Vale ElementaryElementary361 m
Kengard Alternate SchoolSecondary596 m
Nicola Canford ElementaryElementary792 m
Merritt Central ElementaryElementary987 m
Merritt SecondaryElementary1.3 km
Merritt Bench ElementaryElementary1.7 km
Collettville ElementaryElementary2.0 km
Lower Nicola Band School(Independent)Elementary7.3 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 (2)

  • Chloe's Diner · 2701 Nicola Avenue470 m
  • Mongos Mongolian Grill · 103-2102 Nicola Avenue772 m

Cafes (1)

  • Valley Graze Box · 2114 Nicola Avenue753 m

Grocery (1)

  • Save-On-Foods653 m

Shopping (1)

  • Railyard Mall · 1700 Garcia Street656 m

Gyms (1)

  • Akasa Yoga Studio · 101-2102 Nicola Avenue778 m

Pharmacies (1)

  • Pharmasave · 1800 Garcia Street703 m

Banks & ATMs (1)

  • RBC Royal Bank · 2090 Quilchena Avenue765 m

Nearby places data: © OpenStreetMap contributors.

School district: Nicola-Similkameen (SD58)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($21,450) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$343,200.00
Periodic payment — Principal & Interest (monthly)$2,214.21
Additional monthly expenses (strata, tax, utilities, etc.)$290.83
Total monthly cost$2,505.04
Interest paid over 5-yr term$98,362.11
Balance at end of term$308,709.51

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$21,450
Stress test qualifying rate8.09%
Payment you must qualify for$3,133.92

Cash Needed at Closing

Minimum down payment$21,450
Estimated BC PTT$6,580
Legal / closing costs (typical estimate)$1,500
Total cash needed$29,530

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.

Request more information