- Active
1550 WALNUT Avenue
Merritt · Vacant Land
Listed by Real Broker B.C. Ltd · MLS® 10399835
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Sign inAbout this home
Looking for the perfect building lot with a little more muscle? 1550 Walnut Ave offers approximately 15,000 sq. ft. of flat, prepped land with R1 zoning—plus a MASSIVE 1,300 sq. ft. detached shop already in place! Whether you're dreaming of multi-generational living, need space for a home-based business, or simply have too many toys and nowhere to put them, this property opens up plenty of possibilities. The shop has room for that bus-sized RV, boat, ATVs, dirt bikes—or heck, bring the whole collection. The location adds even more appeal. You're tucked away on a dead-end road, with the river just out your front door and a neighbouring property designated for a future park. The lot also stayed high and dry during the 2021 flood, adding some welcome peace of mind. Build the home you want, enjoy a shop that's already here, and take advantage of a location with plenty of potential ahead. Want even more room? The neighbouring lot at 1542 Walnut Ave is also available, giving you the opportunity to purchase the properties together or separately. Big lot. Bigger shop. Plenty of possibilities.
Home facts
- Property type
- Vacant Land
- Area
- Merritt
- Listed
- September 4, 2026
- Structure
- Other
- PID
- 032-582-927
- Common interest
- Freehold
Rooms and building
- Sewer
- Municipal sewage system
- Water
- Municipal water
- Utilities
- Water, Sewer, Electricity
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
Monthly and upfront costs
Uses the posted 5-year rate (5.19%), 20% down and a 25-year amortization.
Monthly ownership costs
- Principal and interest
- $1,421
- Property tax
- $83/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $1,655
Purchase snapshot
- List price
- $299,900
- Down payment
- $59,980 (20%)
- Estimated mortgage
- $239,920
Estimates only. They leave out utilities, upkeep and closing costs.
Borrowing costs
What money costs right now
The rates behind any payment estimate on this page.
- Prime rate
- 4.45%
- Variable mortgages are quoted against this.
- 5 year bond yield
- 3.68%
- Fixed mortgage pricing follows this.
- Policy rate
- 2.25%
- Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
Source: Bank of Canada. As of 2026-09-29
Property tax
What the tax bill looks like
Municipal, regional, hospital and school rates combined.
- Estimated annual tax
- $2,378
- At 7.9295 per $1,000 of assessed value.
Estimated by applying the municipal rate to the asking price. Your actual bill is based on the BC Assessment value, which is set separately and usually differs from the sale price. Home owner grants are not included.
Source: Province of British Columbia, Local Government Statistics Schedule 702, 2026. As of 2026-01-01
Neighbourhood
Estimated travel times. Map data © OpenStreetMap contributors.
Land and hazards
What the maps say about this land
Provincial designations and mapped natural hazards at this location.
- Wildfire interface
- Extreme risk
- In a mapped wildland-urban interface zone. Affects insurance and FireSmart requirements.
Based on where this point falls in provincial map layers, not a site survey or a formal hazard assessment. Confirm with the municipality, a professional, and your insurer before relying on it.
Source: BC Geographic Warehouse (Agricultural Land Commission, BC Wildfire Service)
Most listed
Detached · 46%
Who lives here
Documents
Pick the records you want. Ray Rasouli will email what the listing brokerage shares.
Availability is not guaranteed. Review documents with a professional.
