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$320,000

101 4822 LAZELLE AVENUE

Terrace · MLS® R3134500

3 bed · 2 bath · 1,120 sq ft

Townhouse · Single Family · built 1998 · 119 days on market

Listed by Helena Samzadeh, RE/MAX Coast Mountains

Realtor's description

Centrally located. Live a downtown lifestyle with shopping nearby and walking/biking distance to everything! Ideal south facing corner unit in a 5 unit strata complex. Perfect for yourself or a rental to improve your portfolio. Bright and open main floor includes your living area with a 2 pc powder room with the 3 bedrooms (new carpet) and fully renovated main bath upstairs. Enjoy life with minimal house work and low maintenance yard. Strata fees $198/month. Quick possession is available!

Property details

Type: Townhouse, Single Family
Bedrooms: 3
Bathrooms: 2
Living area: 1,120 sq ft
Parking: 0
Year built: 1998
Property tax: $2,770 / yr
Days on market: 119
MLS®: R3134500

Features

Washer
Refrigerator
Dishwasher
Stove
Dryer

Price check

2026 assessment: $307,000 · asking is +4.2%

An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.

Property insights

On market 119 days · no price changes so far

The market here

Listed now: 119 days; median for 1 townhouses for sale; this one 119 days

Townhouses in Terrace. Sale prices register 1 to 3 months after a sale closes.

Monthly cost

$1,625/mo

Mortgage $1,394 · Tax $231

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$1,394/ monthly

loan $256,000

25-year amortization

down payment20% · $64,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 7, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $162,263
property transfer tax: $4,400; BC general rate
cash to close: $68,400; down + PTT
total paid: $418,263

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

If you rented it out

Rent: $1,619/mo
After all costs: −$311/mo
Cap rate: 4.1%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $1,394 · tax $231 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 3+ bedroom in Terrace (CMHC Rental Market Survey, October 2025). Averages include long-time tenants, so new leases usually ask more; houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.

BC rules for landlords

Short-term rentals are limited to the host's principal residence in most communities. gov.bc.ca
Rent increases are capped once a year at the province's set amount. gov.bc.ca
The speculation and vacancy tax applies in many areas to homes not lived in or rented out. gov.bc.ca
Selling within two years of buying can trigger the BC home flipping tax. gov.bc.ca