2605 1ST AVENUE
Terrace, BC V8G0G2
$855,000
Amenities
Also listed: Laundry - In Suite
Property Details
Property & Lot
- Sub-type
- House
- Stories
- 2
- Lot size
- 0.71 acres
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $3,902.6 (2025)
Interior
- Basement
- Crawl space
- Heating
- Forced air, Natural gas
- Fireplace
- None
Exterior & Lot
- Exterior features
- Vinyl siding
- View
- Lake view, Mountain view, View of water
- Waterfront
- Waterfront
Building
- Foundation
- Concrete Perimeter
- Roof
- Metal, Conventional
Parking
- Features
- Garage, Open
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Kitchen | Main level | — |
| Foyer | Main level | — |
| Living room | Main level | — |
| Pantry | Main level | — |
| Bedroom 2 | Main level | — |
| Dining room | Main level | — |
| Laundry room | Lower level | — |
| Bedroom 3 | Lower level | — |
| Storage | Main level | — |
| Living room | Above | — |
| Dining nook | Above | — |
| Primary Bedroom | Above | — |
| Other | Above | — |
Listing Information
- MLS®
- R3122178
- Listed
- May 11, 2026
- Time on market
- On the market for 112 days
- Tax assessment year
- 2025
- Data last synced
- August 28, 2026
Listing provided by: RE/MAX Coast Mountains · Data source: CREA DDF.
Description
Year-round Lake Life! 3 Bedrooms, 2 Bathroom, 2 Living room, 2 Patio, 2 1/2 Storey House with lakefront views almost 1 acre for your personal life style. Beautiful soft pine tongue & groove finishings with impressive 10' foot ceilings. Home is designed with comfort in mind. Each floor accommodates a bathroom, bedrooms and living rooms. Powered detached shop spaces for all your equipment or toys. RV parking with power and a bonus play-cabin for the kiddos. Features: Sophisticated Septic System & Licensed Water-Rights, Backup Generator! Enjoy the Lakes rich ecosystem, watch wildlife from your door step or from your private boat dock. Location is known for a premier spot for all water sports and a great place to call home during: spring, summer, fall and winter! (id:63159)
Values & Trends
This listing
$338/sqft
Building average
—
No other active listings in this building
Terrace average
$340/sqft
69 active listing(s)
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
Light Rain
Humidity 93%
Wind SSE 19 km/h
Tonight
11°
Tuesday
14°
Tuesday night
11°
Wednesday
23°
Wednesday night
13°
Thursday
24°
Source: Environment and Climate Change Canada.
Population
12,017
(2021 Census)
+3.2% since 2016
Density: 209.6/km²
Dwellings: 5,200
Median household income: $90,000
After-tax: $80,000
Immigrant population: 9.6%
Top countries of origin (% of total population)
- India1.6% · 195
- Portugal1% · 120
- United Kingdom0.9% · 105
- Philippines0.8% · 100
- United States of America0.7% · 80
- Germany0.5% · 60
- Netherlands0.4% · 45
- China0.3% · 40
Source: Statistics Canada, 2021 Census of Population.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| des Cinq-saumons | Elementary/Middle | 14.6 km |
| Thornhill Primary | Elementary | 14.8 km |
| Cassie Hall Elementary | Elementary | 14.8 km |
| Thornhill Elementary | Elementary | 14.9 km |
| NW Regional Trades & Training Centre | Secondary | 15.0 km |
| Suwilaawks Community School | Elementary | 16.3 km |
| Skeena Middle | Elementary | 16.5 km |
| Centennial Christian School(Independent) | K-12 | 16.6 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: Coast Mountains (SD82)
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Mortgage & Ownership Cost Calculator
Minimum required: 7.1% ($60,500) — 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.