Property Type: Detached HouseOwnership: Freehold

3009 SOLOMON WAY

Terrace, BC V8G0G5

$999,999

4 bed3 bath2,902 sqftBuilt 2004
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
2 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,465.31 (2025)

Interior

Basement
Finished, Full
Heating
Natural gas
Fireplace
None

Exterior & Lot

Exterior features
Composite Siding

Building

Foundation
Concrete Perimeter
Roof
Asphalt shingle, Conventional

Parking

Features
Garage, Open

Room Dimensions

RoomLevelDimensions
KitchenMain level
Dining roomMain level
Primary BedroomMain level
Living roomMain level
Bedroom 2Basement
Bedroom 3Basement
Bedroom 4Basement
Recreational, Games roomBasement
Flex SpaceBasement
Laundry roomBasement

Listing Information

MLS®
R3107353
Listed
April 7, 2026
Time on market
On the market for 146 days
Tax assessment year
2025
Data last synced
August 28, 2026

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

Description

This custom-built 4-bedroom, 3-bathroom home on 2 acres exudes pride of ownership. The main house features wood accents, a beautiful kitchen/dining area with vaulted ceilings, and a spacious living room. The primary bedroom is upstairs with an ensuite, while the basement includes 3 bedrooms, a rec room with a wet bar, and a wood fireplace. A guest house provides ideal space for multi-generational living. A large 52x33 shop with automotive area, and a 30x30 basement offers abundant space for projects and storage. Enjoy the established garden area with a greenhouse, shed, garden beds, apple trees, and berry bushes. A chicken coop awaits restoration. So much more to offer as well! Extras include RV septic, hot tub wiring in place, and pump house set to all 3 buildings. (id:63159)

Values & Trends

This listing

$345/sqft

Building average

No other active listings in this building

Terrace average

$340/sqft

69 active listing(s)

Parking: Not indicatedStorage 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

Light Rain

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

SchoolTypeDistance
Thornhill PrimaryElementary7.5 km
Thornhill ElementaryElementary7.7 km
NW Regional Trades & Training CentreSecondary7.8 km
des Cinq-saumonsElementary/Middle9.2 km
Cassie Hall ElementaryElementary9.4 km
Suwilaawks Community SchoolElementary10.3 km
Centennial Christian School(Independent)K-1210.6 km
Skeena MiddleElementary11.0 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)

Mortgage & Ownership Cost Calculator

Minimum required: 7.5% ($75,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$799,999.00
Periodic payment — Principal & Interest (monthly)$5,161.32
Additional monthly expenses (strata, tax, utilities, etc.)$517.11
Total monthly cost$5,678.43
Interest paid over 5-yr term$229,282.01
Balance at end of term$719,601.69

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$75,000
Stress test qualifying rate8.09%
Payment you must qualify for$7,112.92

Cash Needed at Closing

Minimum down payment$75,000
Estimated BC PTT$18,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$94,500

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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