- Active
1998 CHAPMAN Street
Merritt · Other
- Sqft
- 2,088
Listed by LandQuest Realty Corp. (Interior) · MLS® 10379460
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Sign inAbout this home
Here is your opportunity to own a beautifully restored iconic heritage building in the heart of the Nicola Valley. Beautiful features include a striking design with tall arches, restored hardwood floors, and stained-glass windows that fill the space with natural light. The vaulted ceilings and original wood beams create a grand atmosphere, perfect for events or gatherings. The interior combines modern updates with historic charm. The open floor plan offers flexibility, with original hardwood floors and moldings. Electrical and plumbing systems have been fully upgraded to meet current codes, ensuring safety and reliability. A new energy-efficient heating system provides comfort year-round. Two modern restrooms, including accessible options, meet contemporary needs. The outdoor space includes beautifully landscaped grounds, completely fenced with locked gates and new concrete sidewalks, entry, and ramp. The peaceful surroundings offer potential for a garden, patio, or outdoor event space. Zoning and potential uses make this property ideal for various uses, such as a rentable meeting space, high end condos, boutique hotel, art studio, wine bar, or craft distillery. The central Merritt location provides easy access to amenities, making it a prime spot for locals and visitors. This is a rare chance to own a piece of Merritt’s history, ready for a visionary buyer, to transform it to a thriving community hub or unique residence. Listed by LandQuest Realty Corp. Call today to view.
Home facts
- Interior
- 2,088 sq ft
- Property type
- Other
- Area
- Merritt
- Listed
- April 7, 2026
- Structure
- Residential Commercial Mix
- PID
- 031-259-715
Highlights
- Patio
- High ceilings
Features and inclusions
- Heating
- Forced air, See remarks
- Roof
- Cedar shake, Unknown
- Parking
- Street
- Lot
- Level lot, Wheelchair access
Rooms and building
- Sewer
- Municipal sewage system
- Water
- Municipal water
- Utilities
- Water, Sewer, Natural Gas, Electricity, Telephone
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
- $2,488
- Property tax
- $150/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $2,788
Purchase snapshot
- List price
- $525,000
- Down payment
- $105,000 (20%)
- Estimated mortgage
- $420,000
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
- $4,163
- 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)
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