Property Type: Detached HouseOwnership: Freehold

7440 3rd Street

Grand Forks, BC V0H1H0

$399,000

4 bed2 bath5 parking1,462 sqftBuilt 1953
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
0.15 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$2,282.37

Interior

Basement
Partial
Heating
Forced air
Fireplace
None
Flooring
Laminate, Carpeted, Linoleum, Mixed Flooring

Exterior & Lot

Exterior features
Wood siding

Building

Roof
Asphalt shingle, Metal, Unknown

Parking

Total spaces
5 — covered indicated
Features
Carport

Room Dimensions

RoomLevelDimensions
StorageBasement11'11'' x 18'6''
Utility roomBasement28'11'' x 15'8''
4pc BathroomBasement7'1'' x 10'
BedroomBasement16'9'' x 12'5''
Laundry roomMain level6'6'' x 14'3''
3pc BathroomMain level7'6'' x 10'3''
FoyerMain level11'8'' x 6'1''
Dining roomMain level7'6'' x 11'11''
KitchenMain level10'3'' x 9'6''
BedroomMain level7'6'' x 11'11''
BedroomMain level10'10'' x 10'2''
Primary BedroomMain level11'8'' x 10'11''
Living roomMain level15'7'' x 19'7''

Listing Information

MLS®
10380685
Listed
March 25, 2026
Time on market
On the market for 159 days
Data last synced
August 28, 2026

Listing provided by: Sutton Group-West Coast Realty (Langley) · Data source: CREA DDF.

Description

Located in a super convenient spot in Grand Forks, this 4-bedroom, 2-bathroom home sits on two lots and is commercially zoned, opening the door to a wide range of opportunities. Just a short walk to town, you’ll enjoy easy access to shops, restaurants, and everyday amenities. This is a solid home with great potential. While it has a bit of age and character, it offers a functional layout and plenty of space for a growing family or someone looking to add value over time. Downstairs features additional utility and storage areas ready for your ideas—whether that’s creating more finished living space, a workshop, or maximizing overall livability. With the added bonus of two lots and commercial zoning, this property is ideal for someone thinking beyond just a home—consider future development, a home-based business, or investment potential. If you’ve been looking for an affordable option in a central location with flexibility and upside, this could be the opportunity you’ve been waiting for. (id:63159)

Values & Trends

This listing

$273/sqft

Building average

No other active listings in this building

Grand Forks average

$351/sqft

74 active listing(s)

Parking: 5 stall(s) includedStorage locker: Not indicated

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

18°C

Humidity 50%

Wind NNW 2 km/h

Tonight

Tuesday

26°

Tuesday night

12°

Wednesday

17°

Wednesday night

11°

Thursday

14°

Source: Environment and Climate Change Canada.

Population

4,112

(2021 Census)

+1.6% since 2016

Density: 396.5/km²

Dwellings: 1,969

Median household income: $61,600

After-tax: $56,800

Immigrant population: 9.1%

Top countries of origin (% of total population)

  • United Kingdom2.4% · 100
  • United States of America1.8% · 75
  • Philippines0.5% · 20
  • Italy0.4% · 15
  • France0.2% · 10
  • Germany0.2% · 10

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

74

7/9 categories nearby

Transit

Not enough data yet

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Walker Development CentreSecondary238 m
Dr. D.A. Perley ElementaryElementary930 m
Grand Forks SecondarySecondary946 m
John A. Hutton ElementaryElementary2.4 km
Christina Lake ElementaryElementary16.9 km
Greenwood ElementaryElementary19.2 km
Boundary Central SecondarySecondary24.3 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.

Nearby Places

Restaurants (5+)

  • Happy Days 50's Diner · Central Avenue145 m
  • Unnamed153 m
  • The Wooden Spoon204 m
  • New Century Restaurant · 7451 5th Street223 m
  • Unnamed232 m

Cafes (4)

  • Unnamed135 m
  • Kocomo's · 7361 2nd Street135 m
  • The Board Room Cafe · 353 Market Avenue242 m
  • Joga's · 236 Market Avenue243 m

Grocery (1)

  • Save-On-Foods · 441 Central Avenue142 m

Parks (4)

  • Gyro Park200 m
  • Sugimoto Park339 m
  • Gyro Park349 m
  • Grand Forks City Park543 m

Shopping (1)

  • Fields · 7320 4th Street151 m

Pharmacies (1)

  • Pharmasave92 m

Banks & ATMs (2)

  • CIBC206 m
  • Grand Forks Credit Union · 447 Market Avenue309 m

Nearby places data: © OpenStreetMap contributors.

School district: Boundary (SD51)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($19,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$319,200.00
Periodic payment — Principal & Interest (monthly)$2,059.37
Additional monthly expenses (strata, tax, utilities, etc.)$263.20
Total monthly cost$2,322.57
Interest paid over 5-yr term$91,483.64
Balance at end of term$287,121.43

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$19,950
Stress test qualifying rate8.09%
Payment you must qualify for$2,914.76

Cash Needed at Closing

Minimum down payment$19,950
Estimated BC PTT$5,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$27,430

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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