3311 Kenney Street

Terrace · MLS® R3147095

9,833 sq ft lot · Land · Vacant Land · 102 days on market

listed by Tashiana Johnson, RE/MAX Coast Mountains

realtor's description

Great opportunity to build in a super convenient location! This R2-zoned lot is cleared, fully fenced, and ready for your ideas. All services are right at the lot line, and you're just minutes from schools, shops, and other amenities. Whether you're planning a home or investment property, this is a perfect spot to get started. Potential to build a duplex or 4-plex on this lot.

property details

type: Land, Vacant Land
lot: 9,833 sq ft
parking: 0
property tax: $1,134 / yr
days on market: 102
MLS®: R3147095

the market here

listed now: 160 days; median for 34 homes for sale; this one 102 days

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

property tax by year

year	assessed	est. tax
2026	$124,000	$1,009

The listing shows $1,134 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

$704/mo

Mortgage $610 · Tax $95

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

estimated payment

$610/ monthly

loan $112,000

25-year amortization

down payment20% · $28,00020%+ 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: $70,990
property transfer tax: $1,400; BC general rate
cash to close: $29,400; down + PTT
total paid: $182,990

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: 915 m² (9,849 sq ft) · PID 005-583-802. from ParcelMap BC; property lines are approximate, a survey is the legal boundary.

TerraceGoogle Maps ↗

good to know

Wildfire
The BC Wildfire Service rates Terrace's wildland urban interface as risk class 4 of 5 (low; 1 is the highest). One wildfire of 10 hectares or more burned within 5 km since 2006: 2015 (15 ha). 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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