Merritt · V1K1B8
$4,796/mo
Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
Schedule private showing
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Looking for a true lakefront escape? This beautifully situated 3-bedroom, 2-bathroom rancher sits on a 0.30-acre waterfront lot on stunning Nicola Lake in the heart of the Nicola Valley, just 2.5 hours from the Lower Mainland. Tastefully updated throughout. The functional layout is complemented by an attached garage and additional driveway parking for guests and recreational vehicles. Step outside and take in the breathtaking lake and mountain views, where every day feels like a getaway. Whether you’re enjoying morning coffee on the shore, spending long summer days on the water, or winding down in the evening as the sun sets over the lake, this property offers a rare sense of peace and relaxation. Lakefront living here is all about slowing down, unwinding, and escaping the pace of everyday life. It’s a place to recharge, reconnect, and truly enjoy the natural beauty that surrounds you. Perfect as a weekend retreat or full-time residence, this is an opportunity to own a piece of one of British Columbia’s most desirable lakefront settings. Call the listing agents for more information and to book your showing.
3
Beds
1,040 ft²
Floor area
1977
Year built
Recreational
Type
Merritt
Area
Listed
May 24, 2026
$994,900 is 3.5% below the Lower Mainland Composite HPI benchmark of $1,031,500 (2026-04-01).
Nearby & Commute
3h 22m
walk to No Frills
4h 36m
bike to Ebus
15h 17m
walk to Ebus
8h 15m
drive to downtown Vancouver
Estimated travel times. Map data © OpenStreetMap contributors.
Most listed
Other · 43%
| Other | 16 | 43.2% |
| Land | 14 | 37.8% |
| Detached | 7 | 18.9% |
| Under $5,000 | 5 | 2.3% |
| $15,000 to $19,999 | 5 | 2.3% |
| $20,000 to $24,999 | 5 | 2.3% |
| $30,000 to $34,999 | 10 | 4.7% |
| $35,000 to $39,999 | 15 | 7.0% |
| $40,000 to $44,999 | 10 | 4.7% |
| $45,000 to $49,999 | 5 | 2.3% |
| $50,000 to $59,999 | 20 | 9.3% |
| $60,000 to $69,999 | 10 | 4.7% |
| $70,000 to $79,999 | 15 | 7.0% |
| $80,000 to $89,999 | 15 | 7.0% |
| $90,000 to $99,999 | 15 | 7.0% |
| $100,000 to $124,999 | 25 | 11.6% |
| $125,000 to $149,999 | 20 | 9.3% |
| $150,000 to $199,999 | 20 | 9.3% |
| $200,000 and over | 20 | 9.3% |
A clearer view of the monthly and upfront costs connected to this home.
Monthly ownership costs
Estimated monthly total
Calculated estimate
$4,796
Principal and interest
Calculated estimate
$4,371
Property tax
Calculated estimate
$275/mo
Home insurance
Assumption
$150/mo
Purchase snapshot
List price
Listing data
$944,900
Down payment
Calculated estimate
$188,980 (20%)
Estimated mortgage
Calculated estimate
$755,920
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
$4,796
/mo
Rate
%
Amortization
Principal and interest
$4,371
Property tax (est.)
$275
P&I
Tax
Down payment
$188,980 (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 $188,980 down (20%) on $944,900, 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.
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.
