About this home

Act now to seize this fantastic opportunity! This charming starter or downsizing bungalow sits on almost a 1/4 acre of land, ready for you to make it your own. The versatile back room, with proper egress and a closet, can serve as a bedroom or function as extra living space. Priced affordably, it offers a move-in-ready home with a heat pump system to keep you warm or cool year-round. Enjoy great curb appeal with a welcoming front porch and attached carport. The clean, unfinished basement provides ample dry storage. Don't miss out—this is your chance to enter the housing market effortlessly without renovation needed! Act fast before this gem is gone!

Home facts

Bedrooms: 2
Bathrooms: 1 full
Interior: 864 sq ft
Year built: 1948
Storey: 1
Property type: Single Family
Carport: Yes
Area: Grand Forks
Style: Bungalow
Listed: July 23, 2026
Structure: House
PID: 005-426-006
Common interest: Freehold

Features and inclusions

Heating: Heat Pump
Cooling: Heat Pump
Roof: Metal, Unknown
Parking: Carport, Additional Parking

Rooms and building

Sewer: Septic tank
Water: Municipal water

Listed by Grand Forks Realty Ltd. Last updated Jul 28, 2026, 11:50 AM.

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: $1,180
Property tax: $75/mo
Home insurance: $150/mo
Estimated monthly total: $1,405

Purchase snapshot

List price: $249,000
Down payment: $49,800 (20%)
Estimated mortgage: $199,200

Estimates only. They leave out utilities, upkeep and closing costs.

Stress test this mortgage

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

Estimated annual tax: $1,895; At 7.6095 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

For investors

As a rental

Estimated rent: $1,000 a month
Gross yield: 4.8%

Estimated rent from Statistics Canada rents for this area, scaled to the bedrooms. Gross yield is 12 months of that rent over the asking price, before costs.

Rent vs mortgage at $1,000

Neighbourhood

Open the map

Walk to Ferarro Foods12h 11m

Bike to Columbia Gardens4h 48m

Walk to Columbia Gardens16h

Drive to downtown Vancouver13h 39m

Estimated travel times. Map data © OpenStreetMap contributors.

Floodplain: Mapped floodplain; Sits in a provincially mapped floodplain. Expect flood-related insurance and financing conditions.
Wildfire interface: High 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 · 52%

Who lives here

Documents

Pick the records you want. Ray Rasouli will email what the listing brokerage shares.

Property disclosure statementReview seller-disclosed conditions and known defects.
Title searchReview registered ownership, charges, easements, and covenants.
Inspection reportsReview available property-condition findings.
Building and renovation permitsConfirm that significant work was properly permitted.
Survey or site planReview boundaries, structures, and encroachments.

Availability is not guaranteed. Review documents with a professional.

About this home