- Active
1937 Quilchena Avenue
Merritt · Other
- Sqft
- 3,520
- Built
- 1977
Listed by Century 21 Assurance Realty Ltd. · MLS® 10401819
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Sign inAbout this home
Location, location, location! Excellent investment opportunity in the heart of downtown Merritt. This approximately 3500 sq.ft. commercial building offers high visibility, good foot traffic and flexible space for a variety of business uses. One side of the building is currently leased to a quality tenant with a lease in place, providing immediate rental income, while the other side is vacant and ready for your ideas. The available space offers excellent potential for restaurant, professional offices, retail or other commercial uses. Recent improvements include a torch-on roof installed in 2018 and a new building façade completed in 2017. The leased unit features a newer furnace and air conditioning system installed in 2025, while the vacant unit has its own furnace. Heating is forced air natural gas. Whether you’re looking for an investment property with existing income or a downtown location for your own business, this property offers plenty of possibilities. Bring your ideas and take advantage of this great downtown Merritt location. Call the Listing Agent for additional details.
Home facts
- Interior
- 3,520 sq ft
- Year built
- 1977
- Property type
- Other
- Area
- Merritt
- Listed
- September 25, 2026
- Structure
- Residential Commercial Mix
- PID
- 011-293-357
Highlights
- Air conditioning
Features and inclusions
- Heating
- Forced air, See remarks
- Roof
- Other, Unknown
- Parking
- Rear
- Lot
- Level lot
- Community
- High Traffic Area
Rooms and building
- Sewer
- Municipal sewage system
- Water
- Municipal water
- Utilities
- Water, Sewer, Natural Gas, 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
- $3,199
- Property tax
- $200/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $3,549
Purchase snapshot
- List price
- $675,000
- Down payment
- $135,000 (20%)
- Estimated mortgage
- $540,000
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
- $5,352
- 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 · 43%