Merritt · V1K1B8
$9,488/mo
Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
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Investors take note - 16-unit apartment building with two additional non-conforming/non-approved suites in a convenient Merritt location, close to shopping, amenities and transit. There are 7- 1 bedroom -1 bath units and 9- 2-bedroom -1 bath units as well as 2- studio units. Apartment building currently configured with 18 suites. Municipal records indicate historical occupancy approval for 16 residential units plus 2 offices. Purchasers are advised that two suites may require municipal approvals and upgrades. Buyers should satisfy themselves regarding lawful occupancy. Court ordered sale. Property is sold ""as is where is"" with no representations or warranties. No Property Disclosure Statement available . Buyers are advised to conduct their own due diligence and inspections to their satisfaction. 9 units currently tenanted, 9 vacant. 48 hours notice required for all showings. All offers must include Schedule A and are subject to Court Approval.
1964
Year built
Multi-family
Type
Merritt
Area
Listed
April 28, 2026
Nearby & Commute
9 min
walk to Save-On-Foods
5h 24m
bike to Ebus
17h 58m
walk to Ebus
7h 40m
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% |
| $15,000 to $19,999 | 5 | 2.1% |
| $20,000 to $24,999 | 10 | 4.2% |
| $25,000 to $29,999 | 5 | 2.1% |
| $30,000 to $34,999 | 5 | 2.1% |
| $35,000 to $39,999 | 15 | 6.3% |
| $40,000 to $44,999 | 10 | 4.2% |
| $45,000 to $49,999 | 10 | 4.2% |
| $50,000 to $59,999 | 30 | 12.5% |
| $60,000 to $69,999 | 30 | 12.5% |
| $70,000 to $79,999 | 15 | 6.3% |
| $80,000 to $89,999 | 5 | 2.1% |
| $90,000 to $99,999 | 10 | 4.2% |
| $100,000 to $124,999 | 25 | 10.4% |
| $125,000 to $149,999 | 20 | 8.3% |
| $150,000 to $199,999 | 25 | 10.4% |
| $200,000 and over | 20 | 8.3% |
A clearer view of the monthly and upfront costs connected to this home.
Monthly ownership costs
Estimated monthly total
Calculated estimate
$9,488
Principal and interest
Calculated estimate
$8,788
Property tax
Calculated estimate
$550/mo
Home insurance
Assumption
$150/mo
Purchase snapshot
List price
Listing data
$1,899,900
Down payment
Calculated estimate
$379,980 (20%)
Estimated mortgage
Calculated estimate
$1,519,920
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
$9,488
/mo
Rate
%
Amortization
Principal and interest
$8,788
Property tax (est.)
$550
P&I
Tax
Down payment
$379,980 (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 $379,980 down (20%) on $1,899,900, 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.
