Property Type: Land / LotOwnership: Freehold

6528 Waterside Trail Lot# 23

Merritt, BC V1K1A0

$349,900

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.21 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Strata / maintenance fee
$125/mo
Annual property tax
$1,173

Maintenance Fee Includes

Also included: Other, See Remarks

Interior

Fireplace
None

Exterior & Lot

View
Lake view, Mountain view
Waterfront
Waterfront on lake

Listing Information

MLS®
10389864
Listed
June 6, 2026
Time on market
On the market for 86 days
Data last synced
August 28, 2026

Listing provided by: REMAX Legacy · Data source: CREA DDF.

Description

Waterfront living on beautiful Nicola Lake! This 9,042 sq. ft. bare land strata lot offers an excellent opportunity to build your dream home or recreational retreat. Water and sewer are available at the lot line, and a building scheme is in place to maintain the quality and character of the development. Located just minutes from Sagebrush Golf Club and Monck Park Provincial Park, this lakefront property provides easy access to boating, fishing, hiking, and year-round recreation. Bare land strata fees are $125/month, with a utility fee of $172.62/month. GST is applicable. Developer's Disclosure Statement and development information are available at Nicola Estates under the ""Properties for Sale"" section and ""39 Bare Land Strata Info."" (id:63159)

Location Insights

Weather

16°C

Humidity 59%

Wind NE 5 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.

Nearby Schools

SchoolTypeDistance
N'kwala School(Independent)K-1216.8 km
Merritt Bench ElementaryElementary20.9 km
Nicola Canford ElementaryElementary21.5 km
Kengard Alternate SchoolSecondary21.5 km
Diamond Vale ElementaryElementary21.7 km
Merritt Central ElementaryElementary22.6 km
Merritt SecondaryElementary22.7 km
Collettville ElementaryElementary23.6 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.

School district: Nicola-Similkameen (SD58)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($17,495) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$279,920.00
Periodic payment — Principal & Interest (monthly)$1,805.95
Additional monthly expenses (strata, tax, utilities, etc.)$222.75
Total monthly cost$2,028.70
Interest paid over 5-yr term$80,225.88
Balance at end of term$251,788.95

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$17,495
Stress test qualifying rate8.09%
Payment you must qualify for$2,556.08

Cash Needed at Closing

Minimum down payment$17,495
Estimated BC PTT$4,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$23,993

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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