Property Type: Land / LotOwnership: Freehold

LOT A OLD REMO ROAD

Terrace, BC V8G0E3

$399,000

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Property Details

Property & Lot

Lot size
41.44 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$1,061.73 (2025)

Interior

Fireplace
None

Exterior & Lot

View
Mountain view

Building

Parcel ID (PID)
029-788-889

Listing Information

MLS®
R3096116
Listed
March 4, 2026
Time on market
On the market for 180 days
Tax assessment year
2025
Data last synced
September 1, 2026

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

Description

Discover the perfect blend of privacy, space, and natural beauty with this incredible 40+ acre parcel just 15 minutes from Terrace. This expansive property offers breathtaking mountain views and endless possibilities to create your dream home or private retreat. Surrounded by nature, this raw land provides the ideal setting for those seeking peace and quiet without sacrificing convenience. Whether you envision building a custom home, establishing a hobby farm, or holding as a long-term investment, the opportunities here are truly exceptional. (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
des Cinq-saumonsElementary/Middle3.9 km
Cassie Hall ElementaryElementary4.0 km
Mountain View Christian Academy(Independent)K-125.1 km
Skeena MiddleElementary5.2 km
Ecole MountainviewElementary5.2 km
Veritas Catholic(Independent)Elementary/Middle5.5 km
Caledonia SecondarySecondary5.6 km
Suwilaawks Community SchoolElementary5.6 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: Coast Mountains (SD82)

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.)$88.48
Total monthly cost$2,147.85
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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