2413 Kerr Street

Terrace · MLS® R3173041

7,930 sq ft lot · Land · Vacant Land · 20 days on market

listed by Lindsey Turner, RE/MAX Coast Mountains

realtor's description

Building lot ready to go and build your dream home! Gorgeous views of the Skeena river and on a quiet street. This property is zoned RI and has options to build a single family dwelling or multi-unit. Flood assessment report done and it is not in the 200 year flood zone.

property details

type: Land, Vacant Land
lot: 7,930 sq ft
parking: 0
property tax: $1,073 / yr
days on market: 20
MLS®: R3173041

the market here

listed now: 160 days; median for 34 homes for sale; this one 20 days

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

property tax by year

year	assessed	est. tax
2026	$116,000	$944

The listing shows $1,073 a year in property tax.

Estimate: the BC Assessment value times Terrace'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

$634/mo

Mortgage $545 · Tax $89

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

estimated payment

$545/ monthly

loan $100,000

25-year amortization

down payment20% · $25,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 26, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $63,384
property transfer tax: $1,250; BC general rate
cash to close: $26,250; down + PTT
total paid: $163,384

first-time buyernewly built

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer. Transfer tax: 1% to $200k, 2% to $2M, 3% to $3M, 5% above. First-time buyers pay nothing on the first $500k for homes up to $835k (phasing out by $860k); newly built homes are exempt up to $1.1M (phasing out by $1.15M). Both need Canadian citizenship or permanent residence and other conditions; the 20% foreign buyer tax applies in Metro Vancouver, the Fraser Valley, the Capital Region, Central Okanagan and Nanaimo.

location

lot outline: 4,386 m² (47,210 sq ft) · PID 013-294-237. from ParcelMap BC; property lines are approximate, a survey is the legal boundary.

TerraceGoogle Maps ↗

good to know

Floodplain
This address is within a designated floodplain on the provincial floodplain maps (Skeena River). Local rules can set things like minimum floor heights; the municipality can confirm what applies.
Source: Province of BC, Mapped Floodplains in BC

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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