Lot 70 Merrill Rd, Madeira Park BC - Land for Sale - MLS# R3111972

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Sold price & sold date
Original list price & price changes
Full photo gallery - 40 photos
Days on market & listing history

Map & Neighbourhood

Private Schools

Elementary
Powell River Christian School
40.27 km
Elementary, Secondary
Aspengrove School
Above Average 41.89 km 9.9/10

Closest Transit

Bus Stop
Mercer at Sunshine Coast Hwy (SB)
9.39 km

Crime Rate

Total Crime Rate
Below Average
Violent Crime Rate
Below Average
Property Crime Rate
Below Average

Demographics

Post-Secondary Education
Below Average 22%
No Certificate/Degree
Above Average 16.3%
Owner Occupied
Below Average 39%
Employment Rate
Below Average 25%

Noise/ Power Lines

Road/Hwy Noise
Unlikely
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Sell Speed & Competition

44 / 100
Overall sell-speed score
May take longer
Price competition grade
No comparable data
Buyer's
Market conditions
Buyer's market — more supply than demand
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely
Road / Highway noise
Unlikely
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How PENDER HARBOUR EGMONT compares
This property
40 DOM
Very fast
Pender Harbour Egmont avg
54 DOM
Average
Madeira Park avg
54 DOM
Slower market

Lot 70 Merrill Road has a sell-speed score of 44/100, placing it in the "May take longer than the area average to sell" band. The listing is has limited comparable pricing data available. The local market is currently a Buyer's Market with a sales-to-active ratio of 10.6% and an area average of 54 days on market — buyers have more leverage. With only 502 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is could take longer than the area average to sell.

Nearby Restaurants, Cafes & Shops

Schools NearBy

1 School is within 3km

School Type Grades Served Catchment Info Rating Distance

Madeira Park Elementary School

Public

Grades Served

K-6

Catchment Info

6.6 / 10

Distance

2.17 KM

Mortgage Calculator for Lot 70 Merrill Road

/month
Principal & Interest
Property Taxes $93
Maintenance fee 0
Financing 80% of the $199,000 asking price over 30 years at 4% results in approximately $853/month in total estimated carrying costs, $93 property tax.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
At $1,349/month estimated rental income and $902/month in total costs, projected cashflow is +$447/month.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for Lot 70 Merrill Road, Madeira Park

Buy Vs Rent Calculator

/ month
Rent
Own
Principal: Interest, tax, insurance, fees:

Rent vs own

Principal paid off by year 5
Principal paid off by year 10

Approximate estimates for informational purposes only, not financial advice. Assumes a new 30-year fixed mortgage at the rate shown; actual rent, payments, and equity will vary by loan terms and market conditions. Consult a licensed professional before deciding.

Price vs Neighbourhood Average — Pender Harbour Egmont, Madeira Park

Beds Home Types Square Feet Lot Size Year Built
This Home
Madeira Park Loading...
Pender Harbour Egmont Loading...
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

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Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 13+ Years of Experience Serving Greater Vancouver

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