Property Type: Land / LotOwnership: Freehold

LOT 3 SCHREMP ISLAND ROAD

Terrace, BC V8G4R6

$150,000

Get Directions

Property Details

Property & Lot

Lot size
9.67 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$368.2 (2025)

Interior

Fireplace
None

Exterior & Lot

View
Mountain view, River view

Listing Information

MLS®
R3126344
Listed
May 21, 2026
Time on market
On the market for 102 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Royal LePage Aspire Realty (Terr) · Data source: CREA DDF.

Description

9.6 rural acres on the shores of the Skeena River, a short 7 km drive from Terrace! This flat partly treed lot is perfect as a getaway location to park the RV or build a cabin - near enough to town for summer commutes to work and far enough away to truly relax. These lots are unserviced (suitable for solar) but cell coverage is strong for safety. Just up the shore is a great salmon spot with biking and hiking not far away! (id:63159)

Location Insights

Weather

Rain

11°C

Rain

Humidity 97%

Wind W 14 km/h

Tonight

11°

Tuesday

14°

Tuesday night

11°

Wednesday

23°

Wednesday night

13°

Thursday

24°

Source: Environment and Climate Change Canada.

Population

12,017

(2021 Census)

+3.2% since 2016

Density: 209.6/km²

Dwellings: 5,200

Median household income: $90,000

After-tax: $80,000

Immigrant population: 9.6%

Top countries of origin (% of total population)

  • India1.6% · 195
  • Portugal1% · 120
  • United Kingdom0.9% · 105
  • Philippines0.8% · 100
  • United States of America0.7% · 80
  • Germany0.5% · 60
  • Netherlands0.4% · 45
  • China0.3% · 40

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
NW Regional Trades & Training CentreSecondary2.7 km
Thornhill ElementaryElementary2.9 km
Thornhill PrimaryElementary3.0 km
Centennial Christian School(Independent)K-124.8 km
Suwilaawks Community SchoolElementary4.8 km
Parkside SecondarySecondary5.1 km
Veritas Catholic(Independent)Elementary/Middle5.6 km
Caledonia SecondarySecondary5.8 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)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($7,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$120,000.00
Periodic payment — Principal & Interest (monthly)$774.20
Additional monthly expenses (strata, tax, utilities, etc.)$30.68
Total monthly cost$804.88
Interest paid over 5-yr term$34,392.34
Balance at end of term$107,940.39

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$7,500
Stress test qualifying rate8.09%
Payment you must qualify for$1,095.78

Cash Needed at Closing

Minimum down payment$7,500
Estimated BC PTT$1,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$10,500

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.

Request more information