Property Type: Land / LotOwnership: Freehold

4727 PARK AVENUE

Terrace, BC V8G1W2

$229,900

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Property Details

Property & Lot

Lot size
8,822 square feet

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$1,211.21 (2025)

Interior

Fireplace
None

Listing Information

MLS®
R3097011
Listed
March 6, 2026
Time on market
On the market for 178 days
Tax assessment year
2025
Data last synced
August 28, 2026

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

Description

Butting up against Terrace's busy north side business corridor is R4 zoned multi family property. This lot is suitable for a house, duplex or townhouses with a daycare center just across the street, the pool a couple blocks away and the grocery store within sight. (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.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

59

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 SchoolElementary563 m
Centennial Christian School(Independent)K-12771 m
Veritas Catholic(Independent)Elementary/Middle858 m
Skeena MiddleElementary880 m
Caledonia SecondarySecondary1.1 km
Cassie Hall ElementaryElementary1.2 km
Parkside SecondarySecondary1.2 km
des Cinq-saumonsElementary/Middle1.4 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+)

  • Mr Mikes · 4736 Lakelse Avenue114 m
  • Pizza Hut262 m
  • White Spot · 4620 Lakelse Avenue512 m
  • Ninja Sushi · 4605 Lakelse Avenue580 m
  • Golden Star · 4606 Lazelle Avenue582 m

Cafes (5+)

  • Unnamed119 m
  • Tim Hortons · 4658 Lakelse Avenue315 m
  • Starbucks387 m
  • Starbucks446 m
  • The Fix Bikery and Cafe · 2910 Tetrault Street678 m

Grocery (2)

  • Save-On-Foods253 m
  • Safeway · 4655 Lakelse Avenue380 m

Parks (4)

  • Unnamed372 m
  • George Little Park515 m
  • Unnamed597 m
  • Memorial Park733 m

Shopping (2)

  • Skeena Mall · 4741 Lakelse Avenue245 m
  • Terrace Shopping Centre · 4647 Lakelse Avenue417 m

Pharmacies (1)

  • Shoppers Drug Mart · 4647 Lakelse Avenue429 m

Banks & ATMs (5+)

  • Northern Savings Credit Union228 m
  • BMO256 m
  • CIBC · 4717 Lakelse Avenue329 m
  • RBC Royal Bank · 4640 Lakelse Avenue395 m
  • TD · 4633 Lakelse Avenue452 m

Nearby places data: © OpenStreetMap contributors.

School district: Coast Mountains (SD82)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($11,495) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$183,920.00
Periodic payment — Principal & Interest (monthly)$1,186.59
Additional monthly expenses (strata, tax, utilities, etc.)$100.93
Total monthly cost$1,287.52
Interest paid over 5-yr term$52,712.00
Balance at end of term$165,436.63

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$11,495
Stress test qualifying rate8.09%
Payment you must qualify for$1,679.46

Cash Needed at Closing

Minimum down payment$11,495
Estimated BC PTT$2,598
Legal / closing costs (typical estimate)$1,500
Total cash needed$15,593

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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