Property Type: Detached HouseOwnership: Freehold

5048 Lauder Road

Merritt, BC V1K0C5

$924,900

2 bed2.5 bath1,409 sqftBuilt 1984
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Property Details

Property & Lot

Sub-type
House
Stories
1.5
Lot size
0.72 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$2,853.8

Interior

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

Exterior & Lot

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

Building

Roof
Asphalt shingle, Unknown

Parking

Features
RV, See Remarks

Room Dimensions

RoomLevelDimensions
BedroomSecond level11'9'' x 14'3''
LoftSecond level6'5'' x 8'
3pc BathroomMain level
Primary BedroomMain level11'7'' x 14'
DenMain level9'9'' x 13'9''
Living roomMain level11'2'' x 16'2''
KitchenMain level13'7'' x 13'1''
Partial bathroomMain level
Laundry roomMain level7'6'' x 21'6''

Listing Information

MLS®
10395165
Listed
July 21, 2026
Time on market
On the market for 41 days
Data last synced
August 28, 2026

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

Description

Discover over 99 feet of pristine Glimpse Lake frontage on a flat, private .72-acre lot — a rare opportunity to own true year-round waterfront in one of BC's hidden gems. This meticulously built home was constructed entirely under permit and to code, using premium 2x6 fir framing and solid wood beams — quality craftsmanship you can feel throughout. A cozy wood stove anchors the living space, perfect for curling up on cool lake evenings. Designed with future growth in mind, the home features an arched opening in the wall at the base of the stairs, framed and ready to open for an easy addition, plus the loft offers room to expand overhead and plumbing is available for a future upstairs bathroom. Pride of ownership shines throughout, highlighted by a brand-new roof and a 2000-gallon cistern providing excellent water storage. Outbuildings include a 20x12 garage/workshop with power, an equipment shed ideal for snowmobiles and side-by-sides, and a garden/tool shed. The fully landscaped grounds offer ample parking, a garden area, and unbeatable lake views. Unwind on the spacious deck or relax in the covered gazebo on warm days, surrounded by views of loons and jumping fish. Peaceful, private, and quiet — small-community lake living at its finest. Just 3 hours from the Lower Mainland, 30 minutes to Merritt, with unlimited access to hunting, fishing, and trails to explore. A solidly built home where everything was done right — just move in and enjoy the lake lifestyle. (id:63159)

Values & Trends

This listing

$656/sqft

Building average

No other active listings in this building

Merritt average

$356/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-1211.7 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.

Nearby Places

Parks (2)

  • Glimpse Lake Southwest Recreation Site495 m
  • Glimpse Lake North Recreation Site672 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: 7.3% ($67,490) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$739,920.00
Periodic payment — Principal & Interest (monthly)$4,773.71
Additional monthly expenses (strata, tax, utilities, etc.)$307.82
Total monthly cost$5,081.53
Interest paid over 5-yr term$212,063.20
Balance at end of term$665,560.43

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$67,490
Stress test qualifying rate8.09%
Payment you must qualify for$6,593.18

Cash Needed at Closing

Minimum down payment$67,490
Estimated BC PTT$16,498
Legal / closing costs (typical estimate)$1,500
Total cash needed$85,488

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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