4962 MERKLEY ROAD
Terrace, BC V8G0B5
$425,000
Property Details
Property & Lot
- Lot size
- 13.64 acres
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $1,188.06 (2026)
Interior
- Fireplace
- None
Listing Information
- MLS®
- R3154739
- Listed
- August 11, 2026
- Time on market
- On the market for 20 days
- Tax assessment year
- 2026
- Data last synced
- August 28, 2026
Listing provided by: RE/MAX Coast Mountains · Data source: CREA DDF.
Description
One of a kind property available just a quick ten minutes north of town. This beautiful acreage offers so much more than just 13.6 acres of vacant land! Years ago, a 260m (approx. 875') driveway was cleared to the building site of the now existing shop. The driveway and shop site offers a great base to get your started on building your dream home. Keep all your building supplies and equipment safe and out of the weather in the very practical 22' x 55' enclosed shop (which is on a slab and has 12' ceilings). Not only is this property located minutes from some of the best hiking and riding trails in Terrace it's wonderfully tree with existing timber value, has a water licence to spring creek and there is gas at the lot line! (id:63159)
Location Insights
Weather
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
| School | Type | Distance |
|---|---|---|
| Uplands Elementary | Elementary | 3.0 km |
| Parkside Secondary | Secondary | 3.7 km |
| Caledonia Secondary | Secondary | 4.1 km |
| Veritas Catholic(Independent) | Elementary/Middle | 4.2 km |
| Centennial Christian School(Independent) | K-12 | 4.2 km |
| Ecole Mountainview | Elementary | 4.4 km |
| Skeena Middle | Elementary | 4.4 km |
| Suwilaawks Community School | Elementary | 4.5 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: 5.0% ($21,250) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.