Merritt · V1K1B8
$5,067/mo
Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
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With 2 self-contained suites, this home offers a rare opportunity to offset your mortgage with rental income—expanding your purchasing power & making a property of this size, quality, & flexibility more attainable than you might expect. In Merritt w/ nearly 5,000 sq.ft. of thoughtfully designed living space on a large lot on a quiet dead-end street. Delivering flexibility for growing families, multigenerational living, or buyers seeking income potential. The property features 2 self-contained suites — a 1-bedroom suite w/ an additional flex room, & a 2-bedroom basement suite — each w/ its own laundry, allowing for multiple living arrangements while maintaining privacy. The main living space showcases Brazilian cherry h/w floors, custom Mill Creek cabinetry, crown mouldings, a built-in entertainment unit, & a striking rock feature wall at the grand entrance. Upstairs offers 4 oversized bedrooms, including a spacious primary suite w/ walk-in closet & 5-piece ensuite, plus a second bedroom w/ its own w/i closet & ensuite + a versatile room ideal for an office or linen storage. The bsmt includes extra space for the main home; a large entertainment area w/ full bar, theatre room, & home gym. Outside, enjoy a welcoming front porch & a large back deck perfect for entertaining & relaxing. RV parking, a single-car garage, extra parking for vehicles & toys, & storage under the deck complete this versatile property — centrally located yet tucked into a quiet setting close to amenities.
8
Beds
4,993 ft²
Floor area
2006
Year built
Single Family
Type
Merritt
Area
Listed
February 25, 2026
$1,049,900 is 36.3% below the Lower Mainland Single Family HPI benchmark of $1,647,000 (2026-04-01).
Nearby & Commute
3 min
walk to Save-On-Foods
5h 26m
bike to Ebus
18h 6m
walk to Ebus
7h 38m
drive to downtown Vancouver
Estimated travel times. Map data © OpenStreetMap contributors.
Most listed
Detached · 51%
| Detached | 72 | 51.4% |
| Land | 43 | 30.7% |
| Townhouse | 8 | 5.7% |
| Mobile home | 6 | 4.3% |
| Other | 5 | 3.6% |
| Other | 6 | 4.3% |
| $10,000 to $14,999 | 5 | 2.0% |
| $20,000 to $24,999 | 15 | 6.1% |
| $25,000 to $29,999 | 15 | 6.1% |
| $30,000 to $34,999 | 15 | 6.1% |
| $35,000 to $39,999 | 15 | 6.1% |
| $40,000 to $44,999 | 10 | 4.1% |
| $45,000 to $49,999 | 15 | 6.1% |
| $50,000 to $59,999 | 20 | 8.2% |
| $60,000 to $69,999 | 20 | 8.2% |
| $70,000 to $79,999 | 20 | 8.2% |
| $80,000 to $89,999 | 15 | 6.1% |
| $90,000 to $99,999 | 10 | 4.1% |
| $100,000 to $124,999 | 20 | 8.2% |
| $125,000 to $149,999 | 25 | 10.2% |
| $150,000 to $199,999 | 15 | 6.1% |
| $200,000 and over | 10 | 4.1% |
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.
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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
$5,067
Principal and interest
Calculated estimate
$4,625
Property tax
Calculated estimate
$292/mo
Home insurance
Assumption
$150/mo
Purchase snapshot
List price
Listing data
$999,900
Down payment
Calculated estimate
$199,980 (20%)
Estimated mortgage
Calculated estimate
$799,920
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
$5,067
/mo
Rate
%
Amortization
Principal and interest
$4,625
Property tax (est.)
$292
P&I
Tax
Down payment
$199,980 (20%)
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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 $199,980 down (20%) on $999,900, 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.
