Property Type: Land / LotOwnership: Freehold

2767 PEREGRINE Way

Merritt, BC V1K0B3

$174,999

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.2 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$1,745

Interior

Fireplace
None

Exterior & Lot

View
View (panoramic)

Listing Information

MLS®
10388643
Listed
May 25, 2026
Time on market
On the market for 98 days
Data last synced
August 28, 2026

Listing provided by: REMAX Kamloops · Data source: CREA DDF.

Description

Build your dream home in the growing community of Grandview Heights at 2767 Peregrine Way in Merritt. This south-facing lot offers pleasant views of the Nicola Valley, with great sun exposure! Conveniently located with quick access to the freeway and nearby amenities, this property combines scenic surroundings with everyday convenience. A building scheme is in place to help maintain the quality of the neighborhood, and services including water, sewer, and power are available at the lot line. Buyers are encouraged to verify connection costs and building requirements with the city. A great opportunity to build in one of Merritt’s developing residential areas. (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.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

30

5/9 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 ElementaryElementary1.3 km
Kengard Alternate SchoolSecondary2.1 km
Diamond Vale ElementaryElementary2.8 km
Nicola Canford ElementaryElementary2.9 km
Merritt Central ElementaryElementary3.1 km
Merritt SecondaryElementary3.2 km
Collettville ElementaryElementary4.1 km
Lower Nicola Band School(Independent)Elementary7.5 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 (3)

  • Home Restaurant631 m
  • Mr Mikes · 3969 Crawford Avenue740 m
  • Boston Pizza745 m

Cafes (3)

  • Tim Hortons276 m
  • Starbucks333 m
  • Tim Hortons · River Ranch Road502 m

Grocery (1)

  • No Frills696 m

Shopping (1)

  • Canadian Tire423 m

Banks & ATMs (1)

  • Unnamed287 m

Nearby places data: © OpenStreetMap contributors.

School district: Nicola-Similkameen (SD58)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($8,750) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$139,999.00
Periodic payment — Principal & Interest (monthly)$903.23
Additional monthly expenses (strata, tax, utilities, etc.)$145.42
Total monthly cost$1,048.64
Interest paid over 5-yr term$40,124.12
Balance at end of term$125,929.55

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$8,750
Stress test qualifying rate8.09%
Payment you must qualify for$1,278.40

Cash Needed at Closing

Minimum down payment$8,750
Estimated BC PTT$1,750
Legal / closing costs (typical estimate)$1,500
Total cash needed$12,000

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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