Property Type: Land / LotOwnership: Freehold

Lot 92 Mehrer Road

Canyon, BC V0B1G0

$355,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
9.37 acres
Frontage
335 feet

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$1,109.88

Interior

Fireplace
None

Exterior & Lot

View
Mountain view, Valley view

Listing Information

MLS®
10390775
Listed
June 8, 2026
Time on market
On the market for 84 days
Data last synced
August 28, 2026

Listing provided by: Malyk Realty · Data source: CREA DDF.

Description

This is the property you have been waiting for! The property is 9.37 acres of gently sloped land with trees, meadows, and several potential building sites. There is an annexed right of way road through the land separating the top 3.01 acres from the bottom 6.36 acres. Potential building sites can offer privacy or views to the south and west, depending on your preference. Possible access from Mehrer Road or 52nd Street. Bring your ideas and call your real estate professional today to view this property! (id:63159)

Location Insights

Weather

Nearest station: Creston

17°C

Humidity 57%

Wind NW 10 km/h

Tonight

12°

Tuesday

28°

Tuesday night

14°

Wednesday

20°

Wednesday night

12°

Thursday

18°

Source: Environment and Climate Change Canada.

Nearby Schools

SchoolTypeDistance
Canyon/Lister ElementaryElementary1.6 km
Erickson ElementaryElementary2.3 km
Kootenay River SecondarySecondary5.0 km
Adam Robertson ElementaryElementary5.9 km
Yaqan Nukiy School(Independent)Elementary6.5 km
Kootenay Valley Christian School(Independent)Elementary/Middle7.1 km
Mormon Hills Elementary Secondary(Independent)Elementary/Middle8.6 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: Kootenay Lake (SD8)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($17,750) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$284,000.00
Periodic payment — Principal & Interest (monthly)$1,832.27
Additional monthly expenses (strata, tax, utilities, etc.)$92.49
Total monthly cost$1,924.76
Interest paid over 5-yr term$81,395.22
Balance at end of term$255,458.92

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$17,750
Stress test qualifying rate8.09%
Payment you must qualify for$2,593.33

Cash Needed at Closing

Minimum down payment$17,750
Estimated BC PTT$5,100
Legal / closing costs (typical estimate)$1,500
Total cash needed$24,350

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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