Property Type: Detached HouseOwnership: Freehold

1007 Fourth Street

Nelson, BC V1L2T5

$1,050,777

5 bed4 bath4 parking2,620 sqftBuilt 2013
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
0.14 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$6,021.8

Interior

Basement
Full
Heating
Baseboard heaters, Forced air, Electric, See remarks
Cooling / A/C
Central air conditioning
Fireplace
Yes (1)
Fireplace type
Insert
Flooring
Vinyl

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
4 — covered indicated
Features
Attached Garage, Rear

Room Dimensions

RoomLevelDimensions
BedroomAdditional Accommodation11'4'' x 12'5''
Full bathroomAdditional Accommodation8'1'' x 5'0''
Living roomAdditional Accommodation11'5'' x 20'7''
KitchenAdditional Accommodation11'5'' x 10'2''
Dining roomAdditional Accommodation12'1'' x 11'3''
BedroomBasement12'3'' x 13'3''
4pc BathroomBasement8'1'' x 7'2''
KitchenBasement8' x 14'9''
Living roomBasement10'9'' x 14'9''
Laundry roomMain level6'4'' x 9'0''
4pc Ensuite bathMain level5'1'' x 11'8''
Primary BedroomMain level16'10'' x 16'8''
BedroomMain level10'2'' x 11'8''
BedroomMain level10'2'' x 11'3''
4pc BathroomMain level4'11'' x 9'8''
Dining roomMain level7'8'' x 12'0''
Living roomMain level24'11'' x 15'6''
KitchenMain level11'9'' x 12'0''

Listing Information

MLS®
10397765
Listed
August 17, 2026
Time on market
On the market for 14 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Rosling Realty · Data source: CREA DDF.

Description

Located in sought-after Lower Fairview, this exceptional property offers prime Kootenay living just a 5-minute walk to Lakeside Park placing sandy beaches, paddleboard launches, and waterfront trails virtually in your backyard. The main home features a bright, open-concept layout highlighted by a living room with vaulted ceilings and a cozy gas fireplace. The kitchen is designed for cooking and entertaining, boasting a large island, soft-close cabinetry, a gas stove, and stainless steel appliances, while the adjacent dining area leads out to a deck with a natural gas hookup for seamless summer BBQs. This level hosts 3 bedrooms and 2 full bathrooms, including a primary suite with an ensuite. The attached garage is loaded with convenient details, featuring a 210-volt outlet and hot/cold water taps ideal for a future dog wash station. Highlighting incredible versatility, the basement includes a 1-bedroom in-law suite perfect for extended family or guests. On top of all that, there is an amazing legal 1-bedroom suite featuring bright, open-concept living, in-suite laundry, separate access, and dedicated off-street parking accessed via the back alley—offering a fantastic turn-key mortgage helper. Outside, enjoy a fully landscaped, low-maintenance yard complete with an underground irrigation system. Don't miss this rare blend of location, flexibility, and convenience in Lower Fairview! (id:63159)

Values & Trends

This listing

$401/sqft

Building average

No other active listings in this building

Nelson average

$481/sqft

82 active listing(s)

Parking: 4 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

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

11

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/Middle714 m
Hume Elementary SchoolElementary853 m
Secondaire de NelsonSecondary888 m
L V Rogers SecondarySecondary888 m
South Nelson ElementaryElementary2.2 km
St Joseph School(Independent)Elementary/Middle2.3 km
Trafalgar Middle SchoolMiddle2.4 km
WildflowerElementary/Middle2.5 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)

  • Unnamed388 m

Parks (3)

  • Lakeside Park684 m
  • Queen Elizabeth Park755 m
  • Unnamed799 m

Nearby places data: © OpenStreetMap contributors.

School district: Kootenay Lake (SD8)

Mortgage & Ownership Cost Calculator

Minimum required: 7.6% ($80,078) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$840,622.00
Periodic payment — Principal & Interest (monthly)$5,423.41
Additional monthly expenses (strata, tax, utilities, etc.)$632.82
Total monthly cost$6,056.22
Interest paid over 5-yr term$240,924.68
Balance at end of term$756,142.21

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$80,078
Stress test qualifying rate8.09%
Payment you must qualify for$7,464.34

Cash Needed at Closing

Minimum down payment$80,078
Estimated BC PTT$19,016
Legal / closing costs (typical estimate)$1,500
Total cash needed$100,593

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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