About this home

Welcome to 1551 Cowan Way, located in a newer yet established Merritt neighbourhood surrounded by well-kept homes. This spacious two-storey home offers approximately 1,928 sq. ft. with a functional layout and plenty of room for the whole family. The open-concept kitchen, dining and living area is made for everyday living and entertaining, with granite countertops and great flow throughout the main living space. Upstairs you'll find generous bedroom space, including a comfortable primary bedroom with its own ensuite and walk-in closet. Outside, the backyard has been thoughtfully landscaped and offers a great deck space to relax, BBQ and enjoy the warmer months. Add in the attached two-car garage and you've got a well-rounded family home in a location you'll love. Come take a look and see why Cowan Way is such a great place to call home!

Home facts

Bedrooms: 4
Bathrooms: 2 full + 1 half
Interior: 1,928 sq ft
Year built: 2015
Storeys: 2
Parking: 4
Property type: Single Family
Basement: Crawl space
Garage: Yes
Fireplace: 1
Area: Merritt
Listed: September 1, 2026
Structure: House
PID: 027-526-682
Common interest: Freehold

Highlights

Mountain view
Private yard
Double garage

Features and inclusions

Appliances: Refrigerator, Dishwasher, Oven, Hood Fan, Washer & Dryer
Heating: Forced air, See remarks
Cooling: Central air conditioning
Roof: Asphalt shingle, Unknown
Parking: Attached Garage, RV
Lot: Central island

Rooms and building

Sewer: Municipal sewage system
Water: Municipal water

Listed by Canada Flex Realty Group. Last updated Oct 3, 2026, 2:05 PM.

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: $2,843
Property tax: $175/mo
Home insurance: $150/mo
Estimated monthly total: $3,168

Purchase snapshot

List price: $599,900
Down payment: $119,980 (20%)
Estimated mortgage: $479,920

Estimates only. They leave out utilities, upkeep and closing costs.

Stress test this mortgage

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

Estimated annual tax: $4,757; 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

Open the map

Walk to Save-On-Foods27 min

Bike to Ebus5h 26m

Walk to Ebus18h 6m

Drive to downtown Vancouver7h 41m

Estimated travel times. Map data © OpenStreetMap contributors.

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 · 42%

Who lives here

Documents

Pick the records you want. Ray Rasouli will email what the listing brokerage shares.

Property disclosure statementReview seller-disclosed conditions and known defects.
Title searchReview registered ownership, charges, easements, and covenants.
Inspection reportsReview available property-condition findings.
Building and renovation permitsConfirm that significant work was properly permitted.
Survey or site planReview boundaries, structures, and encroachments.

Availability is not guaranteed. Review documents with a professional.

About this home