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$999,900

4685 LAKESIDE DRIVE

Terrace · MLS® R3090341

2 bed · 1 bath · 970 sq ft · 46,248 sq ft lot

House · Single Family · built 1970 · 232 days on market

Listed by David Tooms, RE/MAX Coast Mountains

Realtor's description

Rare lakefront investment or getaway! This 2+1-bedroom, 1-bathroom cottage plus 2-bedroom, 1 bathroom carriage home and shop sits on 1+ acre on Lakelse Lake. Enjoy income potential or host guests with multiple living spaces. The cottage offers cozy charm, while the outdoor area is built for relaxation -- sundecks, hot tub, patio, and firepit. Shop and sea can storage add function for hobbies or bus in ss. Property landscaped beautifully with garden beds, grass, and cedar shrubs. Extra land across the road is great for extra RV's or more development. Prime location on Lakeside Drive with approximately 86 ft of lake frontage and direct beach acre - an ideal year-round retreat!

Property details

Type: House, Single Family
Bedrooms: 2
Bathrooms: 1
Living area: 970 sq ft
Lot: 46,248 sq ft
Parking: 0
Year built: 1970
Property tax: $4,495 / yr
Days on market: 232
MLS®: R3090341

Price check

Price per sq ft: $1,031 vs $277 median for houses in Terrace for sale (100)

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 232 days

The market here

Listed now: 48 days; median for 100 houses for sale; this one 232 days

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

Monthly cost

$4,731/mo

Mortgage $4,356 · Tax $375

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

estimated payment

$4,356/ monthly

loan $799,920

25-year amortization

down payment20% · $199,98020%+ 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: $507,021
property transfer tax: $17,998; BC general rate
cash to close: $217,978; down + PTT
total paid: $1,306,941

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.