Property Type: Land / LotOwnership: Freehold

98 BANYAY AVENUE

Kitimat, BC V8C2P8

$80,168

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Property Details

Property & Lot

Lot size
6,702 square feet

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$410.05 (2025)

Interior

Fireplace
None

Exterior & Lot

View
Mountain view

Listing Information

MLS®
R3088051
Listed
February 9, 2026
Time on market
On the market for 203 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: RE/MAX Coast Mountains - Kitimat · Data source: CREA DDF.

Description

his 6700 sq. ft. building lot is located in one of the most desirable areas of Kitimat. Within walking distance to the 18-hole golf course and curling club, also snowshoeing in the winter, the recreation access couldn't be better. About 10 minutes away from the LNG Canada Plant site and Rio-Tinto plant, and downtown shopping is approximately a five-minute drive. This flat, cleared lot can have a duplex or single family home built, adding options to your investment. (id:63159)

Values & Trends

This listing

Building average

No other active listings in this building

Kitimat average

$193/sqft

2 active listing(s)

Parking: Not indicatedStorage 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

14°C

Humidity 99%

Wind SE 10 km/h

Tonight

11°

Tuesday

14°

Tuesday night

10°

Wednesday

23°

Wednesday night

13°

Thursday

24°

Source: Environment and Climate Change Canada.

Population

8,236

(2021 Census)

+1.3% since 2016

Density: 34.4/km²

Dwellings: 4,381

Median household income: $103,000

After-tax: $88,000

Immigrant population: 16.6%

Top countries of origin (% of total population)

  • Portugal4.2% · 350
  • United Kingdom2.2% · 185
  • Philippines1.8% · 145
  • Germany1.3% · 105
  • United States of America0.8% · 70
  • India0.8% · 65
  • Somalia0.5% · 40
  • Italy0.4% · 30

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Mount Elizabeth Middle/SecondaryElementary1.2 km
Kitimat City HighSecondary1.5 km
Nechako ElementaryElementary1.7 km
St Anthony's(Independent)Elementary/Middle2.2 km
Kildala ElementaryElementary2.7 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: Coast Mountains (SD82)

Similar Listings Nearby

Similar active properties nearby based on property type, price, and size.

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($4,008) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$64,134.00
Periodic payment — Principal & Interest (monthly)$413.77
Additional monthly expenses (strata, tax, utilities, etc.)$34.17
Total monthly cost$447.94
Interest paid over 5-yr term$18,380.99
Balance at end of term$57,688.74

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$4,008
Stress test qualifying rate8.09%
Payment you must qualify for$585.64

Cash Needed at Closing

Minimum down payment$4,008
Estimated BC PTT$802
Legal / closing costs (typical estimate)$1,500
Total cash needed$6,310

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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