Property Type: Land / LotOwnership: Freehold

3 1440 WESTSIDE ROAD

Terrace, BC V8G4B8

$425,000

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Property Details

Property & Lot

Lot size
42.4 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$1,466.71 (2026)

Interior

Fireplace
None

Exterior & Lot

View
Lake view, Mountain view

Listing Information

MLS®
R3156162
Listed
August 16, 2026
Time on market
On the market for 15 days
Tax assessment year
2026
Data last synced
August 28, 2026

Listing provided by: RE/MAX Coast Mountains (PR) · Data source: CREA DDF.

Description

Enjoy lake life with an undivided ¼ interest in 42 acres of shared lakefront property, including exclusive use of your own designated space the owners call “Lot 3”—a beautifully landscaped 12,016 sq ft area with approximately 80 ft of lake frontage. Set up and ready to enjoy, it includes an immaculate 40 ft 2011 Forest River Cedar Creek 3-season RV for comfortable, low-maintenance accommodation. "Lot 3" also has space for two additional RVs, making this a great purchase with family or friends. Relax on the deck, gather around the fire pit, use the shared boat launch, or hike up the hill to enjoy beautiful views and another lake that is part of the shared property. (id:63159)

Location Insights

Weather

Rain

11°C

Rain

Humidity 97%

Wind W 14 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

SchoolTypeDistance
des Cinq-saumonsElementary/Middle10.8 km
Cassie Hall ElementaryElementary11.0 km
Thornhill PrimaryElementary11.2 km
Thornhill ElementaryElementary11.3 km
NW Regional Trades & Training CentreSecondary11.4 km
Suwilaawks Community SchoolElementary12.5 km
Skeena MiddleElementary12.7 km
Centennial Christian School(Independent)K-1212.8 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: 5.0% ($21,250) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$340,000.00
Periodic payment — Principal & Interest (monthly)$2,193.56
Additional monthly expenses (strata, tax, utilities, etc.)$122.23
Total monthly cost$2,315.79
Interest paid over 5-yr term$97,444.98
Balance at end of term$305,831.10

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$21,250
Stress test qualifying rate8.09%
Payment you must qualify for$3,104.70

Cash Needed at Closing

Minimum down payment$21,250
Estimated BC PTT$6,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$29,250

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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