4001 THOMAS STREET

Terrace · MLS® R3157726

4 bed · 1 bath · 2,024 sq ft · 12,000 sq ft lot

House · Single Family · built 1955 · 48 days on market

Listed by Rick McDaniel, Royal LePage Aspire Realty (Terr)

Realtor's description

This classic home on a large lot just a stones throw from Uplands School is a great opportunity to add value and make it your own! Built in 1955, this home is solid as a rock, just needs some elbow grease and upgrades to make it a great home again. The floor plan offers plenty of options to make the layout suit you better, but it will always be a solid home in a great location on a nice large lot!

Property details

Type: House, Single Family
Bedrooms: 4
Bathrooms: 1
Living area: 2,024 sq ft
Lot: 12,000 sq ft
Parking: 0
Year built: 1955
Days on market: 48
MLS®: R3157726

Price check

Below typical for the area (-25%)

Price per sq ft: $212 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 48 days · no price changes so far

The market here

Listed now: 47 days; median for 102 houses for sale; this one 48 days

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

Monthly cost

$1,873/mo

Mortgage $1,873

20% down at 4.34% fixed (Ratehub.ca), 25 years.

estimated payment

$1,873/ monthly

loan $343,920

25-year amortization

down payment20% · $85,98020%+ 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: $217,990
property transfer tax: $6,598; BC general rate
cash to close: $92,578; down + PTT
total paid: $561,910

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.