About this home

Be the first to own this stunning new construction middle unit in a beautiful triplex development, scheduled for completion in November 2026. INTERIOR PHOTOS: from an almost identical unit. Offering approximately 2,150 sq. ft. of thoughtfully designed living space with 1,103 sq. ft. on the main level and 1,047 sq. ft. on the lower level, this spacious 3-bedroom, 2.5-bathroom home will feature quality craftsmanship, modern finishes, and an open-concept layout designed for comfortable family living. Large windows will fill the home with natural light, while the functional floor plan offers plenty of space for everyday living and entertaining. Enjoy all the benefits of brand-new construction, including modern building standards, energy efficiency, and the peace of mind that comes with owning a never-lived-in home, with NO STRATA FEES. GST is applicable; however, eligible purchasers may qualify for available first-time home buyer GST rebates. For added confidence, this home will be backed by a comprehensive 10-year new home warranty.

Home facts

Bedrooms: 3
Bathrooms: 2 full + 1 half
Interior: 2,150 sq ft
Year built: 2026
Storeys: 2
Parking: 1
Property type: Single Family
Basement: Crawl space
Garage: Yes
Area: Merritt
Listed: June 24, 2026
Structure: Row / Townhouse
PID: 032-134-266
Common interest: Freehold

Features and inclusions

Heating: Heat Pump, Forced air, See remarks
Cooling: Heat Pump
Roof: Asphalt shingle, Unknown
Parking: Attached Garage, Additional Parking

Rooms and building

Sewer: Municipal sewage system
Water: Municipal water

Listed by Vantage West Realty Inc. Last updated Sep 17, 2026, 2:20 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: $2,251
Property tax: $142/mo
Home insurance: $150/mo
Estimated monthly total: $2,543

Purchase snapshot

List price: $474,900
Down payment: $94,980 (20%)
Estimated mortgage: $379,920

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

Stress test this mortgage

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: $3,766; 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-Foods23 min

Bike to Ebus5h 25m

Walk to Ebus18h 2m

Drive to downtown Vancouver7h 41m

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 · 43%

Homes for sale nearby, by type

Detached49 for sale

Land43 for sale

Other8 for sale

Townhouse6 for sale

Other5 for sale

Condo / Apartment2 for sale

Active listings within 3 km of this home.

Homes built in Merritt, by type

Single-detached83.3% · 150

Semi-detached8.3% · 15

Movable dwelling8.3% · 15

Source: Statistics Canada, 2021 Census of Population. 180 dwellings.

Who lives here

Statistics Canada area 59331564 · Merritt

Median age: 49
Renter households: 14%
Average household size: 2.4
Median household income: $78,500

Population (2021): 466
Median rent: $1,200
Owner shelter cost: $1,320
30%+ of income on shelter: 8%
Owner households: 84%
Households with kids: 24%
Immigrants: 7%
Post-secondary: 41%
Average home value (2021): $400,000

Breakdown

$15,000 to $19,9992.6% · 5

$20,000 to $24,9995.3% · 10

$25,000 to $29,9995.3% · 10

$30,000 to $34,9995.3% · 10

$35,000 to $39,9995.3% · 10

$40,000 to $44,9995.3% · 10

$45,000 to $49,9995.3% · 10

$50,000 to $59,9995.3% · 10

$60,000 to $69,9995.3% · 10

$70,000 to $79,9995.3% · 10

$80,000 to $89,9995.3% · 10

$90,000 to $99,9997.9% · 15

$100,000 to $124,99910.5% · 20

$125,000 to $149,99910.5% · 20

$150,000 to $199,9997.9% · 15

$200,000 and over7.9% · 15

Source: Statistics Canada, 2021 Census Profile, dissemination area 59331564.

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.
New-home warrantyReview warranty coverage, dates, and provider information.
Developer disclosure statementReview the project disclosure and material amendments.

Availability is not guaranteed. Review documents with a professional.

1627 Phillips Street

About this home