550 Kane Valley Road
Merritt, BC V1K1B8
$1,195,000
Property Details
Property & Lot
- Sub-type
- House
- Stories
- 2
- Lot size
- 11.14 acres
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $3,079.03
Interior
- Heating
- Stove, Forced air, See remarks, Wood
- Fireplace
- Yes (1)
- Fireplace type
- Free Standing Metal
- Flooring
- Mixed Flooring
Exterior & Lot
- Exterior features
- Wood siding
- View
- Mountain view, River view, Valley view, View (panoramic)
- Waterfront
- Waterfront on creek
Building
- Roof
- Asphalt shingle, Unknown
Parking
- Features
- Carport, RV
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Laundry room | Basement | 7'4'' x 4'8'' |
| 2pc Bathroom | Basement | — |
| Utility room | Basement | 16'3'' x 6'3'' |
| Workshop | Basement | 14'3'' x 12'3'' |
| Bedroom | Basement | 8'8'' x 13'3'' |
| Bedroom | Basement | 9' x 13'7'' |
| Office | Basement | 8'2'' x 13'11'' |
| Recreation room | Basement | 12'6'' x 14'11'' |
| Other | Basement | 10'7'' x 13'8'' |
| Bedroom | Main level | 10'8'' x 9'8'' |
| Full bathroom | Main level | — |
| Bedroom | Main level | 12'7'' x 8'6'' |
| 3pc Ensuite bath | Main level | — |
| Primary Bedroom | Main level | 11'1'' x 14'11'' |
| Living room | Main level | 21'6'' x 14'1'' |
| Kitchen | Main level | 18' x 13' |
Listing Information
- MLS®
- 10392264
- Listed
- June 22, 2026
- Time on market
- On the market for 70 days
- Data last synced
- August 28, 2026
Listing provided by: Century 21 Assurance Realty Ltd. · Data source: CREA DDF.
Description
Country living at its best! Nestled on just over 11 private acres, this rural retreat offers seclusion, stunning views and a seasonal creek meandering through the property with access to crown land. The home features an open concept kitchen and living area with beautiful pine plank flooring, 5 bedrooms (3 up and 2 down) and 3 bathrooms (2 on the main level and one downstairs). Enjoy the outdoors from the spacious 20x20 sundeck or the 8x30 covered deck, perfect for entertaining or relaxing while taking in the surrounding scenery. Outdoor enthusiasts will appreciate the property’s proximity to cross-country skiing, fishing, hunting, hiking, backpacking, off-roading, and countless other recreational opportunities. The property is well equipped with a 30 amp RV hookup for guests, a large woodshed with walk-in cooler for the hunters, ample storage for firewood and ATV’s and a 20x8 C-can workshop. Approximately 4-5 acres are fenced and front of property is rail fencing, making it ideal for hobby farming or animals. Additional features include a carport, plenty of storage and an 800 gallon water cistern system. A rare opportunity to enjoy peaceful country living with all the space you good for work, play and adventure. Call today for your private viewing! (id:63159)
Values & Trends
This listing
$450/sqft
Building average
—
No other active listings in this building
Merritt average
$359/sqft
91 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
16°C
—
Humidity 59%
Wind NE 5 km/h
Tonight
8°
Tuesday
25°
Tuesday night
12°
Wednesday
21°
Wednesday night
9°
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.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Collettville Elementary | Elementary | 22.1 km |
| Nicola Canford Elementary | Elementary | 22.6 km |
| Merritt Central Elementary | Elementary | 22.6 km |
| Diamond Vale Elementary | Elementary | 22.6 km |
| Merritt Secondary | Elementary | 22.7 km |
| Kengard Alternate School | Secondary | 23.4 km |
| Merritt Bench Elementary | Elementary | 24.5 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: Nicola-Similkameen (SD58)
Similar Listings Nearby
No similar listings found nearby right now.
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Mortgage & Ownership Cost Calculator
Minimum required: 7.9% ($94,500) — 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.