NICOLA Avenue E Lot# 2
Merritt, BC V1K1B8
$229,000
Property Details
Property & Lot
- Sub-type
- Other
- Lot size
- 2.72 acres
Ownership & Fees
- Property type
- Other
- Ownership
- Freehold
- Annual property tax
- $1,710.9
Interior
- Fireplace
- None
Building
- Water source
- Municipal water
- Sewer
- No sewage system
- Utilities
- Water
- Parcel ID (PID)
- 003-822-249
Listing Information
- MLS®
- 10388586
- Listed
- May 23, 2026
- Time on market
- On the market for 112 days
- Data last synced
- September 13, 2026
Listing provided by: Royal LePage Merritt R.E. Serv · Data source: CREA DDF.
Description
Build your vision on this 2.718-acre raw land parcel located on Nicola Avenue in Merritt, offering excellent highway frontage and easy access. This property provides a clean canvas with plenty of room to bring your ideas to life and explore the potential this acreage has to offer. Currently zoned AR1, it presents a great opportunity for buyers looking for space, exposure, and future possibilities. With convenient highway access and visibility, this property offers a unique opportunity in a growing area of Merritt. Contact the listing agent for more information regarding zoning, permitted uses, and development potential. Please note that all showings and access to the property must be by scheduled appointment only. (id:63159)
Values & Trends
This listing
—
Building average
—
No other active listings in this building
Merritt average
$386/sqft
16 active listing(s)
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
10°C
—
Humidity 60%
Wind SE 5 km/h
Tonight
2°
Sunday
23°
Sunday night
5°
Monday
21°
Monday night
10°
Tuesday
17°
Source: Environment and Climate Change Canada.
Population
7,051
(2021 Census)
-1.2% since 2016
Density: 270.8/km²
Dwellings: 3,149
Median household income: $70,000
After-tax: $64,000
Immigrant population: 9.6%
Top countries of origin (% of total population)
- India2.3% · 160
- United States of America1% · 70
- United Kingdom0.9% · 65
- Philippines0.8% · 55
- Korea, South0.5% · 35
- Italy0.4% · 25
- Netherlands0.4% · 25
- South Africa, Republic of0.3% · 20
Source: Statistics Canada, 2021 Census of Population.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Diamond Vale Elementary | Elementary | 552 m |
| Nicola Canford Elementary | Elementary | 696 m |
| Kengard Alternate School | Secondary | 724 m |
| Merritt Central Elementary | Elementary | 1.5 km |
| Merritt Bench Elementary | Elementary | 1.6 km |
| Merritt Secondary | Elementary | 1.8 km |
| Collettville Elementary | Elementary | 2.6 km |
| Lower Nicola Band School(Independent) | Elementary | 7.6 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.
Nearby Places
Restaurants (1)
- Chloe's Diner · 2701 Nicola Avenue113 m
Nearby places data: © OpenStreetMap contributors.
School district: Nicola-Similkameen (SD58)
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Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($11,450) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.