Property Type: Land / LotOwnership: Freehold

1002 Sproat Drive

Nelson, BC V1L7B7

$395,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.11 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$2,028.99

Interior

Fireplace
None

Listing Information

MLS®
10381001
Listed
March 29, 2026
Time on market
On the market for 155 days
Data last synced
August 28, 2026

Listing provided by: Bennett Family Real Estate · Data source: CREA DDF.

Description

Rare Lot in Desirable John's Walk Neighbourhood. Seize one of the final opportunities to build in Nelson’s sought-after lakeside community. This flat, fully serviced lot is nestled among high-end residences. Whether you envision a sophisticated 1,730 sq. ft. bungalow or a sprawling 3,000+ sq. ft. family home, this versatile site is ready to accommodate your vision. Step out your door to enjoy lakefront trails, local cafe culture, and the beach at Rotary Lakeside Park. With a completed geotechnical report and preliminary house designs already in motion, the groundwork is laid for your dream home. Sellers have been working with local professionals on two very different home designs! Exceptional locations like this are a rare find—don’t let this one pass you by. (id:63159)

Location Insights

Weather

16°C

Humidity 65%

Wind E 4 km/h

Tonight

10°

Tuesday

27°

Tuesday night

13°

Wednesday

20°

Wednesday night

12°

Thursday

18°

Source: Environment and Climate Change Canada.

Population

11,106

(2021 Census)

+5.1% since 2016

Density: 930.9/km²

Dwellings: 5,314

Median household income: $72,500

After-tax: $65,500

Immigrant population: 15.1%

Top countries of origin (% of total population)

  • United States of America3.5% · 390
  • United Kingdom3.3% · 365
  • Philippines0.8% · 85
  • Germany0.6% · 65
  • Italy0.6% · 65
  • India0.5% · 55
  • Netherlands0.4% · 40
  • South Africa, Republic of0.3% · 35

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

7

2/9 categories nearby

Transit

Not enough data yet

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Nelson Christian Community School(Independent)Elementary/Middle596 m
Secondaire de NelsonSecondary1.0 km
L V Rogers SecondarySecondary1.0 km
Hume Elementary SchoolElementary1.1 km
South Nelson ElementaryElementary2.5 km
St Joseph School(Independent)Elementary/Middle2.7 km
Trafalgar Middle SchoolMiddle2.7 km
WildflowerElementary/Middle2.8 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

No TransLink stops within an ~10-minute walk.

Nearby Places

Restaurants (1)

  • Unnamed736 m

Parks (1)

  • Unnamed786 m

Nearby places data: © OpenStreetMap contributors.

School district: Kootenay Lake (SD8)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($19,750) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$316,000.00
Periodic payment — Principal & Interest (monthly)$2,038.72
Additional monthly expenses (strata, tax, utilities, etc.)$169.08
Total monthly cost$2,207.81
Interest paid over 5-yr term$90,566.51
Balance at end of term$284,243.02

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$19,750
Stress test qualifying rate8.09%
Payment you must qualify for$2,885.54

Cash Needed at Closing

Minimum down payment$19,750
Estimated BC PTT$5,900
Legal / closing costs (typical estimate)$1,500
Total cash needed$27,150

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.

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