5380 CENTENNIAL DRIVE
Terrace, BC V8G0B9
$575,000
Property Details
Property & Lot
- Sub-type
- House
- Stories
- 2
- Lot size
- 4.01 acres
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $3,754.7 (2024)
Interior
- Basement
- Finished, N/A
- Heating
- Forced air, Natural gas
- Fireplace
- Yes (2)
Building
- Foundation
- Concrete Perimeter
- Roof
- Asphalt shingle, Conventional
Parking
- Features
- Carport, Open
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Living room | Main level | — |
| Dining room | Main level | — |
| Kitchen | Main level | — |
| Bedroom 2 | Main level | — |
| Bedroom 3 | Main level | — |
| Primary Bedroom | Main level | — |
| Kitchen | Basement | — |
| Living room | Basement | — |
| Bedroom 4 | Basement | — |
| Bedroom 5 | Basement | — |
| Flex Space | Basement | — |
| Living room | Basement | — |
Listing Information
- MLS®
- R3005471
- Listed
- May 21, 2025
- Time on market
- On the market for 467 days
- Tax assessment year
- 2024
- Data last synced
- August 28, 2026
Listing provided by: Royal LePage Aspire Realty (Terr) · Data source: CREA DDF.
Description
Escape the hustle and bustle in this tranquil 4-acre oasis just minutes from downtown Terrace. This 2 level home offers 3 spacious bedrooms upstairs, with the potential for a 4th. The large carport provides ample secure parking for your high-profile vehicles. Enjoy the private, thoughtful layout and the soothing sounds of nature as you stroll through the untouched forest trails right on your property. Whether you're entertaining guests or seeking a peaceful refuge, this home offers the best of both worlds - convenient access to the city and the serenity of nature at your doorstep. Don't miss your chance to make this property your private sanctuary. (id:63159)
Values & Trends
This listing
$180/sqft
Building average
—
No other active listings in this building
Terrace average
$342/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 |
|---|---|---|
| Uplands Elementary | Elementary | 1.9 km |
| Ecole Mountainview | Elementary | 2.6 km |
| Caledonia Secondary | Secondary | 2.8 km |
| Mountain View Christian Academy(Independent) | K-12 | 2.9 km |
| Parkside Secondary | Secondary | 2.9 km |
| Veritas Catholic(Independent) | Elementary/Middle | 3.0 km |
| Skeena Middle | Elementary | 3.1 km |
| 'Na Aksa Gyilak'yoo School(Independent) | K-12 | 3.3 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: 5.7% ($32,500) — 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.