Merritt · V1K1B8
$3,096/mo
Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
Schedule private showing
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Mortgage helper and dream shop! Looking for property that works as hard as you do? This beautifully maintained 4-bedroom 2-bath offers the perfect combination of comfortable living, income potential and an incredible high ceiling 20 x 30 shop all in one of Merritt's most desirable downtown neighbourhoods. Just a short walk to the arena, shopping, schools, restaurants and everyday amenities, this property is ideal for investors or anyone looking to reduce their monthly housing costs. The fully furnished basement suite is currently generating $2,200 per month in rental income, providing a fantastic mortgage helper from day one. With its own living space, washer and dryer, the suite is attractive to tenants and offers excellent flexibility. Upstairs, you will find a bright, welcoming living space featuring two bedrooms, one bathroom, newer laminate floors and central air conditioning for year-round comfort. Step outside to enjoy a fully fenced backyard complete with underground irrigation, a garden shed and plenty of room for gardening, pets and family gatherings. Move in, collect rental income and enjoy everything this exceptional property has to offer.
4
Beds
2,023 ft²
Floor area
1964
Year built
Single Family
Type
Merritt
Area
Listed
June 11, 2026
Nearby & Commute
9 min
walk to Save-On-Foods
5h 24m
bike to Ebus
17h 58m
walk to Ebus
7h 39m
drive to downtown Vancouver
Estimated travel times. Map data © OpenStreetMap contributors.
Most listed
Detached · 51%
| Detached | 71 | 50.7% |
| Land | 44 | 31.4% |
| Townhouse | 8 | 5.7% |
| Mobile home | 6 | 4.3% |
| Other | 5 | 3.6% |
| Other | 6 | 4.3% |
| $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% |
Pick the records that matter for this property. Relta inquires with the listing agent and strata on your behalf, then tells you what came back. Some documents cannot always be obtained.
Request the due-diligence package
Relta requests these from the listing agent and strata and follows up with what is available. Availability is not guaranteed. Review any documents with the appropriate professionals.
A clearer view of the monthly and upfront costs connected to this home.
Monthly ownership costs
Estimated monthly total
Calculated estimate
$3,096
Principal and interest
Calculated estimate
$2,771
Property tax
Calculated estimate
$175/mo
Home insurance
Assumption
$150/mo
Purchase snapshot
List price
Listing data
$599,000
Down payment
Calculated estimate
$119,800 (20%)
Estimated mortgage
Calculated estimate
$479,200
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
$3,096
/mo
Rate
%
Amortization
Principal and interest
$2,771
Property tax (est.)
$175
P&I
Tax
Down payment
$119,800 (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 $119,800 down (20%) on $599,000, 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.
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.
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.
