Property Type: Land / LotOwnership: Freehold

6528 WATERSIDE Trail Unit# SL 14

Merritt, BC V1K0A1

$260,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.26 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Strata / maintenance fee
$125/mo
Annual property tax
$791

Interior

Fireplace
None

Exterior & Lot

View
Lake view, Mountain view, View of water, View (panoramic)
Waterfront
Waterfront nearby

Listing Information

MLS®
10366739
Listed
October 24, 2025
Time on market
On the market for 311 days
Data last synced
August 28, 2026

Listing provided by: Century 21 Assurance Realty Ltd. · Data source: CREA DDF.

Description

Build your dream home or recreation home in this 39 lot bareland strata development. this strata lot has great views and access to the water. Only 2.5 hours from Lower Mainland. All services are to the property line. GST is application. Developers disclosure Statement and all info available online at www.nicolaestates.com, under Properties for Sale section, then 39 Bareland Strata Info. There is a buildable area of 2920 sq.ft. on the lot. Strata fees are $125.00 per month. Call Listing Agent for details. LIMITED TIME PROMO. Receive a $10,000 discount if you: 1, Make an offer to acquire a lot 2. Put down a deposit of 10% of the purchase price, 3. All conditions and subjects are removed to accept a financial close on the purchase of the lot by end of Aug 2026 Should any of the 3 items not occur, the original listing price will apply. (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 SchoolSecondary21.6 km
Diamond Vale ElementaryElementary21.7 km
Merritt Central ElementaryElementary22.6 km
Merritt SecondaryElementary22.8 km
Collettville ElementaryElementary23.7 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.

School district: Nicola-Similkameen (SD58)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($13,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$208,000.00
Periodic payment — Principal & Interest (monthly)$1,341.95
Additional monthly expenses (strata, tax, utilities, etc.)$190.92
Total monthly cost$1,532.86
Interest paid over 5-yr term$59,613.40
Balance at end of term$187,096.67

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$13,000
Stress test qualifying rate8.09%
Payment you must qualify for$1,899.34

Cash Needed at Closing

Minimum down payment$13,000
Estimated BC PTT$3,200
Legal / closing costs (typical estimate)$1,500
Total cash needed$17,700

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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