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$259,900

205 106 MCDERMID DRIVE

Prince George · MLS® R3159312

2 bed · 2 bath · 961 sq ft

Condo · Single Family · built 1990 · 43 days on market

Listed by Chad Harvey, Maxsave Real Estate Services

Realtor's description

Large 2 bedroom upper unit with open floor plan and plenty of daylight from south facing windows. Quiet complex with low strata fees. Located near to parks, shopping and transit.

Property details

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 961 sq ft
Parking: 0
Year built: 1990
Property tax: $2,613 / yr
Days on market: 43
MLS®: R3159312

Price check

Below typical for the area (-10%)

2026 assessment: $269,000 · asking is -3.4%
Price per sq ft: $270 vs $302 median for condos in Prince George for sale (27)

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 43 days · no price changes so far

The market here

Listed now: 56 days; median for 27 condos for sale; this one 43 days

Condos in Prince George. Sale prices register 1 to 3 months after a sale closes.

Property tax by year

Year	Assessed	Est. tax
2026	$269,000	$2,613

The listing shows $2,613 a year in property tax.

Estimate: the BC Assessment value times Prince George's residential tax rate for that year (Province of BC, local government statistics). Leaves out the home owner grant, parcel taxes and utility charges; the city's tax notice is the real figure.

Monthly cost

$1,350/mo

Mortgage $1,132 · Tax $218

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

estimated payment

$1,132/ monthly

loan $207,920

25-year amortization

down payment20% · $51,98020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 9, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $131,788
property transfer tax: $3,198; BC general rate
cash to close: $55,178; down + PTT
total paid: $339,708

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: $1,422/mo
After all costs: −$77/mo
Cap rate: 4.9%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $1,132 · tax $218 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 2-bedroom in Prince George (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

Location

The building's lot: 4,137 m² (44,530 sq ft) · PID 017-161-592. From ParcelMap BC; property lines are approximate, a survey is the legal boundary.

Prince GeorgeGoogle Maps ↗

Location

Prince GeorgeGoogle Maps ↗

Schools

Catchment schools, Prince George School District 57

Elementary Heritage Elementaryhomes in this catchment
1.1 km away · 257 Anderson St, Prince George · 250-562-5384
Secondary Dp Todd Secondaryhomes in this catchment

From the Prince George School District 57's published catchment maps. A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.

Good to know

Wildfire
The BC Wildfire Service rates Prince George's wildland urban interface as risk class 1 of 5 (the highest class). Some insurers price for wildfire, and FireSmart BC has a free home assessment guide.
Source: BC Wildfire Service, WUI risk class and fire perimeters

From public government maps, matched to the listing's map pin. Maps can be out of date or miss a lot line; confirm with the municipality.

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