Property Type: Land / LotOwnership: Freehold

4533 MERKLEY ROAD

Terrace, BC V8G0B3

$325,000

Get Directions

Property Details

Property & Lot

Lot size
10 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$2,350.29 (2025)

Interior

Fireplace
None

Listing Information

MLS®
R3110171
Listed
April 12, 2026
Time on market
On the market for 141 days
Tax assessment year
2025
Data last synced
August 28, 2026

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

Description

10 acre property available minutes from town. This newly subdivided property is ready for its first owners. This private treed acreage is tucked just off North Eby, situated perfectly between town and all the best hiking and biking trails in Terrace. Experience rural living without the complications or expense of a well (city water available at the lot line!) with the convenience of being only a few steps from the City of Terrace boundary. A location that cannot be beat! This unique property slopes to the north and west towards the back of the property offering the potential for stunning views and natural run off, perfect for our rainy seasons. This beautiful acreage is truly a must see. (id:63159)

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 ElementaryElementary1.3 km
Parkside SecondarySecondary1.6 km
Caledonia SecondarySecondary2.1 km
Centennial Christian School(Independent)K-122.2 km
Veritas Catholic(Independent)Elementary/Middle2.2 km
Suwilaawks Community SchoolElementary2.4 km
Skeena MiddleElementary2.5 km
Ecole MountainviewElementary2.7 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: 5.0% ($16,250) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$260,000.00
Periodic payment — Principal & Interest (monthly)$1,677.43
Additional monthly expenses (strata, tax, utilities, etc.)$195.86
Total monthly cost$1,873.29
Interest paid over 5-yr term$74,516.75
Balance at end of term$233,870.84

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$16,250
Stress test qualifying rate8.09%
Payment you must qualify for$2,374.18

Cash Needed at Closing

Minimum down payment$16,250
Estimated BC PTT$4,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$22,250

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.

Request more information