1998 CHAPMAN Street
Merritt · V1K1B8
$2,876/mo

Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
Merritt · V1K1B8
$2,876/mo

Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
Schedule private showing
Book now
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.
2,088 ft²
Floor area
Other
Type
Merritt
Area
Listed
April 7, 2026
$555,000 is 46.2% below the Lower Mainland Composite HPI benchmark of $1,031,500 (2026-04-01).
Nearby & Commute
7 min
walk to Save-On-Foods
5h 25m
bike to Ebus
18h 3m
walk to Ebus
7h 38m
drive to downtown Vancouver
Estimated travel times. Map data © OpenStreetMap contributors.
Most listed
Detached · 51%
| Detached | 70 | 51.1% |
| Land | 43 | 31.4% |
| Townhouse | 7 | 5.1% |
| Mobile home | 6 | 4.4% |
| Other | 5 | 3.6% |
| Other | 6 | 4.4% |
| $10,000 to $14,999 | 5 | 2.6% |
| $15,000 to $19,999 | 15 | 7.7% |
| $20,000 to $24,999 | 25 | 12.8% |
| $25,000 to $29,999 | 5 | 2.6% |
| $30,000 to $34,999 | 5 | 2.6% |
| $35,000 to $39,999 | 15 | 7.7% |
| $40,000 to $44,999 | 15 | 7.7% |
| $45,000 to $49,999 | 10 | 5.1% |
| $50,000 to $59,999 | 15 | 7.7% |
| $60,000 to $69,999 | 15 | 7.7% |
| $70,000 to $79,999 | 5 | 2.6% |
| $80,000 to $89,999 | 5 | 2.6% |
| $90,000 to $99,999 | 5 | 2.6% |
| $100,000 to $124,999 | 25 | 12.8% |
| $125,000 to $149,999 | 15 | 7.7% |
| $150,000 to $199,999 | 10 | 5.1% |
| $200,000 and over | 5 | 2.6% |
A clearer view of the monthly and upfront costs connected to this home.
Monthly ownership costs
Estimated monthly total
Calculated estimate
$2,876
Principal and interest
Calculated estimate
$2,567
Property tax
Calculated estimate
$158/mo
Home insurance
Assumption
$150/mo
Purchase snapshot
List price
Listing data
$555,000
Down payment
Calculated estimate
$111,000 (20%)
Estimated mortgage
Calculated estimate
$444,000
Estimates update with the mortgage controls below. They do not include utilities, maintenance, legal fees, or other closing costs.
Mortgage estimate
Metro averages
Est. monthly total
$2,876
/mo
Rate
%
Amortization
Principal and interest
$2,567
Property tax (est.)
$158
P&I
Tax
Down payment
$111,000 (20%)
Get Pre-Approved
Jessica specialises in residential financing across Greater Vancouver, helping buyers secure competitive rates and navigate complex purchases with clarity.
Jessica Kuan
Licensed Mortgage Broker

This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $111,000 down (20%) on $555,000, Canadian semi-annual compounding. Property tax estimated at Greater Vancouver metro average. No strata fee on record for this listing. Home insurance, land transfer tax, and closing costs are not included. Consult a licensed mortgage professional for personalised advice. Mortgage professionals featured here are independent licensed brokers. Ray Rasouli may receive a referral fee if you choose to work with one. You are under no obligation to use any recommended provider. Full disclosure.
At 7.4895 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.
Variable mortgages are quoted against this.
Fixed mortgage pricing follows this.
Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
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.