Merritt · V1K1B8
$6,547/mo
Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
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Development Opportunity – C6 Zoning | Approved for 6 Storeys. This prime corner site in the heart of the city offers a rare opportunity for redevelopment under C6 – City Centre zoning. The property has already been approved for a six-storey building and consists of four contiguous 50’ x 120’ lots, providing ample space for a significant project. With excellent corner exposure, highway frontage, and two additional points of access, this site is ideally positioned for visibility and convenience. There is currently a tenanted home on one of the lots, offering holding income while future plans are underway. Build to Suit options are also available, allowing flexibility for developers or investors to align the project with their vision. C6 zoning allows for a wide range of uses, including multi-unit residential apartments or townhomes, retail, office, food establishments, hotel, and entertainment. With its prime location, zoning flexibility, and strong growth potential, this property represents an exceptional opportunity to secure a large, highly visible city center site with outstanding future upside. LISTED BY RE/MAX LEGACY.
1959
Year built
Other
Type
Merritt
Area
Listed
September 4, 2025
Nearby & Commute
7 min
walk to Save-On-Foods
5h 24m
bike to Ebus
18h
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% |
A clearer view of the monthly and upfront costs connected to this home.
Monthly ownership costs
Estimated monthly total
Calculated estimate
$6,547
Principal and interest
Calculated estimate
$6,013
Property tax
Calculated estimate
$383/mo
Home insurance
Assumption
$150/mo
Purchase snapshot
List price
Listing data
$1,300,000
Down payment
Calculated estimate
$260,000 (20%)
Estimated mortgage
Calculated estimate
$1,040,000
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
$6,547
/mo
Rate
%
Amortization
Principal and interest
$6,013
Property tax (est.)
$383
P&I
Tax
Down payment
$260,000 (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 $260,000 down (20%) on $1,300,000, 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.
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.
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.
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.
