- Active
4962 MERKLEY Road
Terrace · Vacant Land
Listed by RE/MAX Coast Mountains · MLS® R3154739
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Sign inAbout this home
One of a kind property available just a quick ten minutes north of town. This beautiful acreage offers so much more than just 13.6 acres of vacant land! Years ago, a 260m (approx. 875') driveway was cleared to the building site of the now existing shop. The driveway and shop site offers a great base to get your started on building your dream home. Keep all your building supplies and equipment safe and out of the weather in the very practical 22' x 55' enclosed shop (which is on a slab and has 12' ceilings). Not only is this property located minutes from some of the best hiking and riding trails in Terrace it's wonderfully tree with existing timber value, has a water licence to spring creek and there is gas at the lot line!
Home facts
- Property type
- Vacant Land
- Listed
- August 11, 2026
- PID
- 006-082-971
- Common interest
- Freehold
Highlights
- High ceilings
Rooms and building
- Water
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
Monthly and upfront costs
Uses the posted 5-year rate (5.19%), 20% down and a 25-year amortization.
Monthly ownership costs
- Principal and interest
- $2,014
- Property tax
- $125/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $2,289
Purchase snapshot
- List price
- $425,000
- Down payment
- $85,000 (20%)
- Estimated mortgage
- $340,000
Estimates only. They leave out utilities, upkeep and closing costs.
Borrowing costs
What money costs right now
The rates behind any payment estimate on this page.
- Prime rate
- 4.45%
- Variable mortgages are quoted against this.
- 5 year bond yield
- 3.68%
- Fixed mortgage pricing follows this.
- Policy rate
- 2.25%
- Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
Source: Bank of Canada. As of 2026-09-29
Property tax
What the tax bill looks like
Municipal, regional, hospital and school rates combined.
- Estimated annual tax
- $3,457
- At 8.1351 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.
Source: Province of British Columbia, Local Government Statistics Schedule 702, 2026. As of 2026-01-01
Neighbourhood
Estimated travel times. Map data © OpenStreetMap contributors.
Land and hazards
What the maps say about this land
Provincial designations and mapped natural hazards at this location.
- Agricultural Land Reserve
- In the ALR
- Provincial farmland protection restricts subdivision and non-farm use.
- Wildfire interface
- Low risk
- 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.
Source: BC Geographic Warehouse (Agricultural Land Commission, BC Wildfire Service)
Most listed
Detached · 59%
Who lives here
Documents
Pick the records you want. Ray Rasouli will email what the listing brokerage shares.
Availability is not guaranteed. Review documents with a professional.
