Property Type: Detached HouseOwnership: Freehold

3101 SOLOMON WAY

Terrace, BC V8G0G5

$759,900

4 bed5 bath3,309 sqftBuilt 1996
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Property Details

Property & Lot

Sub-type
House
Stories
3
Lot size
87,120 square feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,434.64 (2025)

Interior

Basement
Finished, Full
Heating
Forced air, Natural gas
Fireplace
Yes (1)

Exterior & Lot

View
Mountain view

Building

Foundation
Concrete Perimeter
Roof
Metal, Conventional

Parking

Features
Open

Room Dimensions

RoomLevelDimensions
Living roomMain level
Dining roomMain level
KitchenMain level
Primary BedroomMain level
Dining nookAbove
Bedroom 2Above
Bedroom 3Above
Bedroom 4Basement
Recreational, Games roomBasement

Listing Information

MLS®
R3115599
Listed
April 24, 2026
Time on market
On the market for 129 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Royal LePage Aspire Realty (Terr) · Data source: CREA DDF.

Description

Nicely updated log home on two acres in Jackpine flats. Love the amenities of Terrace but working in Kitimat? You're partway there! This home offers a spacious primary bedroom complete with beautiful ensuite, both just off the living space. Coming in the front doors you are greeted with with the spectacular stone fireplace, perfect for a cozy evening snuggled up with a favourite book. The kitchen is freshly updated and modern with island, quartz counters and plenty of space to get creative. The large deck is perfect and private for the sunworshipper! Upstairs find two bedrooms, an office nook, and full bathroom. Downstairs the large rec room is ready for movie night and is nicely warmed by the blaze king woodstove. The downstairs bedroom steps out to the backyard. (id:63159)

Values & Trends

This listing

$230/sqft

Building average

No other active listings in this building

Terrace average

$341/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

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
Thornhill PrimaryElementary7.5 km
Thornhill ElementaryElementary7.6 km
NW Regional Trades & Training CentreSecondary7.7 km
des Cinq-saumonsElementary/Middle9.0 km
Cassie Hall ElementaryElementary9.3 km
Suwilaawks Community SchoolElementary10.2 km
Centennial Christian School(Independent)K-1210.5 km
Skeena MiddleElementary10.9 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)

Similar Listings Nearby

Similar active properties nearby based on property type, price, and size.

Mortgage & Ownership Cost Calculator

Minimum required: 6.7% ($50,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$607,920.00
Periodic payment — Principal & Interest (monthly)$3,922.09
Additional monthly expenses (strata, tax, utilities, etc.)$534.55
Total monthly cost$4,456.65
Interest paid over 5-yr term$174,231.62
Balance at end of term$546,826.01

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$50,990
Stress test qualifying rate8.09%
Payment you must qualify for$5,451.27

Cash Needed at Closing

Minimum down payment$50,990
Estimated BC PTT$13,198
Legal / closing costs (typical estimate)$1,500
Total cash needed$65,688

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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