1502 Coldwater Avenue
Merritt · V1K1B2
$2,687/mo

Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
Merritt · V1K1B2
$2,687/mo

Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
Schedule private showing
Book now
Bring your vision to life at this former corner store in the heart of Merritt, where commercial opportunity and residential flexibility come together on a high-exposure corner lot. Previously operating as a neighborhood convenience store with a residence in the rear, this mixed-use property offers endless potential for entrepreneurs, investors, or anyone looking to create a unique live/work space. Located near Merritt Secondary School and surrounded by established residential neighbourhoods, this property benefits from excellent visibility and a location that has long served the local community. The building has been stripped back to the subfloor and is awaiting new drywall, providing a blank canvas for the next owner to design and finish according to their needs and vision. Significant updates have already been completed, including two separate electrical panels and meters, two newer furnaces, two newer hot water tanks, and a newer roof & A/C. Whether you're dreaming of opening a business, creating rental income, developing a live/work concept, or restoring this property to become a community staple once again, the foundation is here to make it happen. Opportunities like this don't come along often. Bring your ideas, roll up your sleeves, and unlock the potential of this unique mixed-use property in one of Merritt's most accessible locations.
3
Beds
1 full + 1 half
Baths
2,438 ft²
Floor area
1950
Year built
1
Storey
$2,692/yr
Gross tax
Single Family
Type
Merritt
Area
Ranch
Style
Listed
June 19, 2026
Style
Ranch
Structure
House
PID
011-720-298
Features & inclusions
Heating
Forced air, See remarks
Cooling
Central air conditioning
Roof
Other, Unknown
Common interest
Freehold
Nearby & Commute
16 min
walk to Save-On-Foods
5h 26m
bike to Ebus
18h 5m
walk to Ebus
7h 37m
drive to downtown Vancouver
Estimated travel times. Map data © OpenStreetMap contributors.
Most listed
Detached · 53%
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A clearer view of the monthly and upfront costs connected to this home.
Monthly ownership costs
Estimated monthly total
Calculated estimate
$2,687
Principal and interest
Calculated estimate
$2,312
Property tax
Listing data
$224/mo
Home insurance
Assumption
$150/mo
Purchase snapshot
List price
Listing data
$499,900
Down payment
Calculated estimate
$99,980 (20%)
Estimated mortgage
Calculated estimate
$399,920
Estimates update with the mortgage controls below. They do not include utilities, maintenance, legal fees, or other closing costs.
Mortgage estimate
Tax from listing
Est. monthly total
$2,687
/mo
Rate
%
Amortization
Principal and interest
$2,312
Property tax
$224
P&I
Tax
Down payment
$99,980 (20%)
Get Pre-Approved
Jessica specialises in residential financing across Greater Vancouver, helping buyers secure competitive rates and navigate complex purchases with clarity.
Jessica Kuan
Licensed Mortgage Broker

This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $99,980 down (20%) on $499,900, Canadian semi-annual compounding. Property tax sourced from listing. No strata fee on record for this listing. Home insurance, land transfer tax, and closing costs are not included. Consult a licensed mortgage professional for personalised advice. Mortgage professionals featured here are independent licensed brokers. Ray Rasouli may receive a referral fee if you choose to work with one. You are under no obligation to use any recommended provider. Full disclosure.
| Detached | 69 | 52.7% |
| Land | 37 | 28.2% |
| Mobile home | 7 | 5.3% |
| Townhouse | 7 | 5.3% |
| Other | 4 | 3.1% |
| Other | 7 | 5.3% |
| $20,000 to $24,999 | 20 | 9.8% |
| $25,000 to $29,999 | 10 | 4.9% |
| $30,000 to $34,999 | 10 | 4.9% |
| $35,000 to $39,999 | 15 | 7.3% |
| $40,000 to $44,999 | 10 | 4.9% |
| $45,000 to $49,999 | 5 | 2.4% |
| $50,000 to $59,999 | 15 | 7.3% |
| $60,000 to $69,999 | 10 | 4.9% |
| $70,000 to $79,999 | 15 | 7.3% |
| $80,000 to $89,999 | 15 | 7.3% |
| $90,000 to $99,999 | 10 | 4.9% |
| $100,000 to $124,999 | 25 | 12.2% |
| $125,000 to $149,999 | 25 | 12.2% |
| $150,000 to $199,999 | 15 | 7.3% |
| $200,000 and over | 5 | 2.4% |
$479,900
2125 Granite Avenue
Merritt · Residential
3 bd
2 ba
2,719 sqft
$176/sqft
Built 1913
MLS® 10394454
REMAX Legacy
$469,000
1951 Greaves Avenue
Merritt · Residential
3 bd
2 ba
2,265 sqft
$207/sqft
Built 1964
MLS® 10390543
Royal LePage Merritt R.E. Serv
$475,000
2402 Clapperton Avenue
Merritt · Residential
3 bd
2 ba
2,273 sqft
$209/sqft
Built 1973
MLS® 10388174
Century 21 Assurance Realty Ltd.