Property Type: Land / LotOwnership: Freehold

Lot 17 SPENCER Road

Grand Forks, BC V0H1H5

$379,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
6.65 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$936

Interior

Fireplace
None

Exterior & Lot

View
Valley view

Listing Information

MLS®
10377828
Listed
March 5, 2026
Time on market
On the market for 179 days
Data last synced
August 28, 2026

Listing provided by: Grand Forks Realty Ltd · Data source: CREA DDF.

Description

6.65-acre property with stunning valley views in a desirable rural setting, with water provided by Zion Irrigation District. This private oasis offers both tranquility and convenience, just minutes from downtown Grand Forks. Perfect for investors looking at future development opportunities. This gem is bound to attract attention, so act fast and reach out to your agent for more information. (id:63159)

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.

Nearby Schools

SchoolTypeDistance
John A. Hutton ElementaryElementary3.2 km
Grand Forks SecondarySecondary4.7 km
Dr. D.A. Perley ElementaryElementary4.7 km
Walker Development CentreSecondary5.4 km
Greenwood ElementaryElementary15.5 km
Boundary Central SecondarySecondary18.8 km
Christina Lake ElementaryElementary22.4 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: Boundary (SD51)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($18,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$303,200.00
Periodic payment — Principal & Interest (monthly)$1,956.14
Additional monthly expenses (strata, tax, utilities, etc.)$78.00
Total monthly cost$2,034.14
Interest paid over 5-yr term$86,897.99
Balance at end of term$272,729.38

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$18,950
Stress test qualifying rate8.09%
Payment you must qualify for$2,768.66

Cash Needed at Closing

Minimum down payment$18,950
Estimated BC PTT$5,580
Legal / closing costs (typical estimate)$1,500
Total cash needed$26,030

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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