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$1,050,000

3407 KALUM STREET

Terrace · MLS® R3070178

6 bed · 5 bath · 4,310 sq ft · 6,100 sq ft lot

House · Multi-family · built 9999 · 318 days on market

Listed by John Bailey, Royal LePage Aspire Realty (Terr)

Realtor's description

Turn key property with 2 profitable rental suites on the main floor and a large open home above, completely renovated top to bottom! Featuring 3 bedrooms and 3 bathrooms on the second floor, the east facing deck offers views to the east. Triple glazed windows and and abundance of soundproofing in all the walls provide a quiet sanctuary in the heart of town. Below there is an bright, open 2 bedroom unit with its own hydro and laundry room and a 1 bedroom unit, also with its own hydro and laundry room. The walls feature extra insulation to help keep the utility bills down and programable thermostats if you choose to include the utilities in the rental price. From the parking lot there is a storage unit with roll up doors, heated and ventilated, suitable for tinkering on the toys.

Property details

Type: House, Multi-family
Bedrooms: 6
Bathrooms: 5
Living area: 4,310 sq ft
Lot: 6,100 sq ft
Parking: 0
Year built: 9999
Property tax: $6,877 / yr
Days on market: 318
MLS®: R3070178

Features

Washer
Refrigerator
Dishwasher
Stove
Dryer

Price check

Below typical for the area (-14%)

Price per sq ft: $244 vs $282 median for houses in Terrace for sale (102)

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 318 days

The market here

Listed now: 49 days; median for 102 houses for sale; this one 318 days

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

Monthly cost

$5,148/mo

Mortgage $4,575 · Tax $573

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

estimated payment

$4,575/ monthly

loan $840,000

25-year amortization

down payment20% · $210,00020%+ 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: $532,425
property transfer tax: $19,000; BC general rate
cash to close: $229,000; down + PTT
total paid: $1,372,425

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.

Location

Lot outline: 566 m² (6,092 sq ft) · PID 012-342-513. From ParcelMap BC; property lines are approximate, a survey is the legal boundary.

TerraceGoogle Maps ↗

Location

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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