Property Type: Detached HouseOwnership: Freehold

4028 MUNROE STREET

Terrace, BC V8G3C5

$989,900

5 bed3 bath2,265 sqftBuilt 2007
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Property Details

Property & Lot

Sub-type
House
Stories
3
Lot size
10,241 square feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$7,482.28 (2026)

Interior

Basement
Full
Heating
Heat Pump, Forced air, Electric
Fireplace
None

Building

Foundation
Concrete Perimeter
Roof
Asphalt shingle, Conventional

Parking

Features
Garage

Room Dimensions

RoomLevelDimensions
Living roomMain level
KitchenMain level
Dining roomMain level
Family roomMain level
Bedroom 2Main level
Primary BedroomAbove
Bedroom 3Above
Bedroom 4Above
Bedroom 5Above

Listing Information

MLS®
R3143899
Listed
July 8, 2026
Time on market
On the market for 55 days
Tax assessment year
2026
Data last synced
August 28, 2026

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

Description

This beautifully maintained 5-bdrm 2.5-bath home offers the perfect blend of space, comfort, and quality craftsmanship. Step into the inviting sunken living room featuring hardwood floors, creating a warm and elegant space leading to the dining. The spacious kitchen flows seamlessly into the family rm, making it ideal for everyday living and entertaining. The main floor also offers a convenient 5th bdrm, perfect for guests or a home office. Upstairs you'll find 4 good size bdrms, including an impressive primary retreat complete with a dressing area, walk-in closet, and a luxurious ensuite featuring a soaker tub and separate shower. Outside, enjoy the beautifully landscaped, fully fenced backyard w/ a lg deck, covered deck off the family rm. There's a double garage & beautiful curb appeal. (id:63159)

Values & Trends

This listing

$437/sqft

Building average

No other active listings in this building

Terrace average

$338/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
Uplands ElementaryElementary374 m
Parkside SecondarySecondary693 m
Caledonia SecondarySecondary912 m
Veritas Catholic(Independent)Elementary/Middle1.0 km
Skeena MiddleElementary1.3 km
Centennial Christian School(Independent)K-121.3 km
Ecole MountainviewElementary1.6 km
Suwilaawks Community SchoolElementary1.6 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: 7.5% ($73,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$791,920.00
Periodic payment — Principal & Interest (monthly)$5,109.20
Additional monthly expenses (strata, tax, utilities, etc.)$736.52
Total monthly cost$5,845.72
Interest paid over 5-yr term$226,966.55
Balance at end of term$712,334.60

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$73,990
Stress test qualifying rate8.09%
Payment you must qualify for$7,043.03

Cash Needed at Closing

Minimum down payment$73,990
Estimated BC PTT$17,798
Legal / closing costs (typical estimate)$1,500
Total cash needed$93,288

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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