Property Type: Detached HouseOwnership: Freehold

5008 Lauder Road

Merritt, BC V1K1B8

$839,000

3 bed1 bath1,080 sqftBuilt 1978
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
0.73 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$2,071.27

Interior

Basement
Crawl space
Heating
Baseboard heaters, Stove, Electric, Wood
Fireplace
Yes (1)
Fireplace type
Wood, Conventional
Flooring
Mixed Flooring

Exterior & Lot

Exterior features
Wood siding
View
Lake view, Mountain view
Waterfront
Waterfront on lake

Building

Roof
Metal, Unknown

Room Dimensions

RoomLevelDimensions
Dining nookSecond level15'5'' x 9'2''
BedroomSecond level10'3'' x 8'1''
BedroomSecond level11'6'' x 9'6''
Primary BedroomSecond level13'9'' x 9'8''
3pc BathroomMain level
Living roomMain level15'4'' x 15'2''
KitchenMain level13'7'' x 13'4''

Listing Information

MLS®
10383486
Listed
April 20, 2026
Time on market
On the market for 133 days
Data last synced
August 28, 2026

Listing provided by: LandQuest Realty Corp. (Interior) · Data source: CREA DDF.

Description

Waterfront on Glimpse Lake! This is a rare opportunity to step into lake life and begin making lasting memories at this beautifully maintained 0.73-acre waterfront property offering exceptional privacy and comfort. The 1200 sq ft home has been extensively renovated and lovingly cared for. Upper level features three comfortable bedrooms with large windows that flood the space with natural light, and patio doors open to an upper deck overlooking the water. Main level is bright and welcoming, with an open-concept layout that connects the kitchen, dining, and living areas, centred around a cozy wood stove that adds warmth and character. Step outside onto the generous main deck, perfect for entertaining or peaceful morning coffees, which flows seamlessly into a beautifully landscaped yard, featuring mature trees, lilacs, perennials and landscaping that creates a private, serene setting right to the water’s edge. A fully stocked wood shed, two additional storage sheds, and a workshop provide excellent practicality for year-round enjoyment. This is a true turnkey sale, all furnishings and kitchenware are included, along with a fishing boat, canoe, and paddle boat, allowing you to start enjoying lake life immediately. Located 40 minutes from Merritt, just over an hour to Kamloops, and approximately 2.5 hours from the Fraser Valley. Glimpse Lake is a quiet hidden gem known for excellent fishing and breathtaking scenery, perfect as a year round residence or a waterfront getaway. (id:63159)

Values & Trends

This listing

$777/sqft

Building average

No other active listings in this building

Merritt average

$355/sqft

91 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

12°C

Humidity 76%

Wind NE 6 km/h

Tonight

Tuesday

25°

Tuesday night

12°

Wednesday

21°

Wednesday night

Thursday

16°

Source: Environment and Climate Change Canada.

Population

7,051

(2021 Census)

-1.2% since 2016

Density: 270.8/km²

Dwellings: 3,149

Median household income: $70,000

After-tax: $64,000

Immigrant population: 9.6%

Top countries of origin (% of total population)

  • India2.3% · 160
  • United States of America1% · 70
  • United Kingdom0.9% · 65
  • Philippines0.8% · 55
  • Korea, South0.5% · 35
  • Italy0.4% · 25
  • Netherlands0.4% · 25
  • South Africa, Republic of0.3% · 20

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

7

1/9 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
N'kwala School(Independent)K-1211.6 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.

Nearby Places

Parks (1)

  • Glimpse Lake Southwest Recreation Site436 m

Nearby places data: © OpenStreetMap contributors.

School district: Nicola-Similkameen (SD58)

Similar Listings Nearby

Similar active properties nearby based on property type, price, and size.

Mortgage & Ownership Cost Calculator

Minimum required: 7.0% ($58,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$671,200.00
Periodic payment — Principal & Interest (monthly)$4,330.35
Additional monthly expenses (strata, tax, utilities, etc.)$226.61
Total monthly cost$4,556.96
Interest paid over 5-yr term$192,367.85
Balance at end of term$603,746.57

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$58,900
Stress test qualifying rate8.09%
Payment you must qualify for$5,998.70

Cash Needed at Closing

Minimum down payment$58,900
Estimated BC PTT$14,780
Legal / closing costs (typical estimate)$1,500
Total cash needed$75,180

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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