Property Type: TriplexOwnership: Freehold

3407 KALUM STREET

Terrace, BC V8G2N7

$1,050,000

6 bed5 bath4,310 sqftBuilt 9999
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Property Details

Property & Lot

Sub-type
Triplex
Stories
2
Lot size
6,100 square feet

Ownership & Fees

Property type
Triplex
Ownership
Freehold
Annual property tax
$6,877.07 (2025)

Interior

Basement
None
Heating
Heat Pump, Baseboard heaters, Electric
Fireplace
Yes (1)

Exterior & Lot

Exterior features
Composite Siding
View
Mountain view

Building

Foundation
Concrete Slab
Roof
Asphalt shingle, Conventional

Parking

Features
Open

Listing Information

MLS®
R3070178
Listed
November 26, 2025
Time on market
On the market for 279 days
Tax assessment year
2025
Data last synced
August 28, 2026

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

Description

Turn key property with 2 profitable rental suites on the main floor and a large open home above, completely renovated top to bottom! Featuring 3 bedrooms and 3 bathrooms on the second floor, the east facing deck offers views to the east. Triple glazed windows and and abundance of soundproofing in all the walls provide a quiet sanctuary in the heart of town. Below there is an bright, open 2 bedroom unit with its own hydro and laundry room and a 1 bedroom unit, also with its own hydro and laundry room. The walls feature extra insulation to help keep the utility bills down and programable thermostats if you choose to include the utilities in the rental price. From the parking lot there is a storage unit with roll up doors, heated and ventilated, suitable for tinkering on the toys. (id:63159)

Values & Trends

This listing

$244/sqft

Building average

No other active listings in this building

Terrace average

$316/sqft

4 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.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

37

7/9 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
Suwilaawks Community SchoolElementary239 m
Centennial Christian School(Independent)K-12485 m
Parkside SecondarySecondary1.1 km
Veritas Catholic(Independent)Elementary/Middle1.2 km
Skeena MiddleElementary1.4 km
Caledonia SecondarySecondary1.4 km
Cassie Hall ElementaryElementary1.6 km
des Cinq-saumonsElementary/Middle1.8 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.

Nearby Places

Restaurants (5+)

  • Golden Star · 4606 Lazelle Avenue401 m
  • White Spot · 4620 Lakelse Avenue476 m
  • Ninja Sushi · 4605 Lakelse Avenue522 m
  • Pizza Hut524 m
  • Shan Yan572 m

Cafes (4)

  • Tim Hortons · 4658 Lakelse Avenue545 m
  • Unnamed580 m
  • Starbucks601 m
  • Starbucks631 m

Grocery (2)

  • Safeway · 4655 Lakelse Avenue636 m
  • Save-On-Foods736 m

Parks (4)

  • Unnamed205 m
  • George Little Park266 m
  • Hanson Park344 m
  • Unnamed789 m

Shopping (1)

  • Terrace Shopping Centre · 4647 Lakelse Avenue612 m

Pharmacies (1)

  • Shoppers Drug Mart · 4647 Lakelse Avenue606 m

Banks & ATMs (5+)

  • Scotiabank · 4602 Lakelse Avenue479 m
  • Northern Savings Credit Union505 m
  • RBC Royal Bank · 4640 Lakelse Avenue514 m
  • TD · 4633 Lakelse Avenue560 m
  • BMO583 m

Nearby places data: © OpenStreetMap contributors.

School district: Coast Mountains (SD82)

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 7.6% ($80,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$840,000.00
Periodic payment — Principal & Interest (monthly)$5,419.39
Additional monthly expenses (strata, tax, utilities, etc.)$789.09
Total monthly cost$6,208.48
Interest paid over 5-yr term$240,746.41
Balance at end of term$755,582.72

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$80,000
Stress test qualifying rate8.09%
Payment you must qualify for$7,458.96

Cash Needed at Closing

Minimum down payment$80,000
Estimated BC PTT$19,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$100,500

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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