5128 MEDEEK AVENUE
Terrace, BC V8G1E1
$411,000
Property Details
Property & Lot
- Sub-type
- House
- Stories
- 2
- Lot size
- 2.89 acres
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $4,348.24 (2026)
Interior
- Basement
- Crawl space
- Heating
- Forced air
- Fireplace
- None
Exterior & Lot
- Exterior features
- Vinyl siding
Building
- Foundation
- Unknown
- Roof
- Asphalt shingle, Conventional
Parking
- Features
- Open
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Living room | Main level | — |
| Kitchen | Main level | — |
| Primary Bedroom | Main level | — |
| Bedroom 2 | Above | — |
| Other | Above | — |
Listing Information
- MLS®
- R3144955
- Listed
- July 10, 2026
- Time on market
- On the market for 52 days
- Tax assessment year
- 2026
- Data last synced
- August 28, 2026
Listing provided by: RE/MAX Coast Mountains · Data source: CREA DDF.
Description
Looking for an acreage in town? This 2.89 acre property on the south side of Terrace has plenty of potential - both for personal use or perhaps for redevelopment. One of the largest lots on the south side north of Graham, this property would be great for a large family. With the new Bill 44 zoning, you could potentially have up to 4 units on it - Small scale multi family housing. See https://engage.terrace.ca/zoning for more details. The current home on the lot is in need of some love, but if you are handy, you could turn it into your dream property. This property also has redevelopment potential with potential R3 development. (Buyer to do due diligence & confirm details with the City of Terrace). (id:63159)
Values & Trends
This listing
$391/sqft
Building average
—
No other active listings in this building
Terrace average
$339/sqft
69 active listing(s)
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
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 |
|---|---|---|
| Cassie Hall Elementary | Elementary | 1.6 km |
| Ecole Mountainview | Elementary | 1.6 km |
| Skeena Middle | Elementary | 1.7 km |
| des Cinq-saumons | Elementary/Middle | 1.8 km |
| Caledonia Secondary | Secondary | 2.0 km |
| Veritas Catholic(Independent) | Elementary/Middle | 2.0 km |
| Mountain View Christian Academy(Independent) | K-12 | 2.0 km |
| Suwilaawks Community School | Elementary | 2.5 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)
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Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($20,550) — 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.