Lot A Matson Road

Terrace · MLS® R3175280

335,804 sq ft lot · Land · Vacant Land · 12 days on market

listed by David Tooms, RE/MAX Coast Mountains

realtor's description

Explore the possibilities on this treed 7.7-acre property in rural Old Remo! A peaceful setting with potential to develop and build your dream home. Property frontage is along a statutory right of way, with no road currently constructed. Buyers should consult the Ministry of Transportation regarding road extension requirements and the appropriate utility provider regarding power availability and extension costs.

property details

type: Land, Vacant Land
lot: 335,804 sq ft
parking: 0
property tax: $284 / yr
days on market: 12
MLS®: R3175280

the market here

listed now: 160 days; median for 34 homes for sale; this one 12 days

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

monthly cost

$760/mo

Mortgage $736 · Tax $24

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

estimated payment

$736/ monthly

loan $135,200

25-year amortization

down payment20% · $33,80020%+ 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: $85,695
property transfer tax: $1,690; BC general rate
cash to close: $35,490; down + PTT
total paid: $220,895

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: 4,322 m² (46,522 sq ft) · PID 007-804-806. from ParcelMap BC; property lines are approximate, a survey is the legal boundary.

TerraceGoogle Maps ↗

good to know

Agricultural Land Reserve
This address is inside the Agricultural Land Reserve. ALR land is set aside for farming; building, subdividing and non-farm uses follow Agricultural Land Commission rules.
Source: Agricultural Land Commission, ALR boundary

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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