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Property Type: Condo / ApartmentOwnership: StrataNEW LISTING
525 NICOLA Street Unit# 1007
Kamloops, BC V2C6J5
MLS® 10405696
92
Walk Score
63
Transit
44
Bike
$324,900
2 bed1 bath1 parking973 sqftBuilt 1982
92
Walk Score
63
Transit
44
Bike
Description
Welcome to Unit 1007 at Nicola Towers, right in the heart of downtown Kamloops. This 2 bedroom, 1 bathroom apartment offers just under 1,000 sq ft of comfortable living with unbeatable convenience. Located on the top floor you’ll enjoy great city views along with plenty of natural light throughout the space. The layout is functional and spacious, featuring a bright living area, well-sized bedrooms, and a practical kitchen that flows nicely into the dining space. This unit comes with secure underground parking and is just steps away from everything downtown has to offer restaurants, shopping, transit, and riverside walking paths. Whether you’re a first-time buyer looking to get into the market or an investor seeking a solid rental property, this is a great opportunity in a central location. Clean, convenient, and full of potential — don’t miss your chance to own in Nicola Towers. (id:63161)
Property Details
Property & Lot
- Sub-type
- Apartment
- Style
- Ranch
- Stories
- 1
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Strata
- Strata / maintenance fee
- $410/mo
- Annual property tax
- $2,526.89
Interior
- Heating
- Stove, Wood, Hot Water
- Fireplace
- None
- Flooring
- Laminate, Ceramic Tile
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Storage | Main level | 6'0'' x 8'0'' |
| Primary Bedroom | Main level | 9'0'' x 15'0'' |
| Bedroom | Main level | 11'6'' x 11'6'' |
| Kitchen | Main level | 8'6'' x 10'0'' |
| Dining room | Main level | 9'0'' x 9'0'' |
| Living room | Main level | 11'0'' x 15'0'' |
| 4pc Bathroom | Main level | — |
Listing Information
- MLS®
- 10405696
- Data last synced
- November 13, 2026
REMAX Kamloops
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: REMAX Kamloops
MLS® Number: 10405696
Listing data is sourced from the Canadian Real Estate Association (CREA) Data Distribution Facility (DDF®). Listing information is deemed reliable but is not guaranteed accurate by CREA or Rexara Realty Inc. Data provided courtesy of Association of Interior REALTORS®.
Values & Trends
This listing
$334/sqft
Building average
$487/sqft
1 active listing(s)
South Kamloops average
$563/sqft
48 active listing(s)
Parking: 1 stall(s) includedStorage locker: Not indicated
Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.
Location Insights
Weather
11°C
Mostly Cloudy
Humidity 60%
Wind ENE 24 km/h
Tonight
9°
Saturday
14°
Saturday night
9°
Sunday
14°
Sunday night
3°
Monday
9°
Source: Environment and Climate Change Canada.
Population
97,902
(2021 Census)
+8.4% since 2016
Other Listings in This Building
Other units currently listed in the same building. 525 NICOLA Street
Built 1982
Similar Listings Nearby
Similar active properties nearby based on property type, price, and size.
Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($16,245) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$259,920.00
Periodic payment — Principal & Interest (monthly)$1,676.92
Additional monthly expenses (strata, tax, utilities, etc.)$669.36
Total monthly cost$2,346.28
Interest paid over 5-yr term$74,493.82
Balance at end of term$233,798.88
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$16,245
Stress test qualifying rate8.19%
Payment you must qualify for$2,393.23
Cash Needed at Closing
Minimum down payment$16,245
Estimated BC PTT$4,498
Legal / closing costs (typical estimate)$1,500
Total cash needed$22,243
Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.
