Property Type: TriplexOwnership: Freehold

1007 Gordon Street

Nelson, BC V1L0A1

$725,000

3 bed3 bath1,611 sqftBuilt 1913
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Property Details

Property & Lot

Sub-type
Triplex
Stories
3

Ownership & Fees

Property type
Triplex
Ownership
Freehold
Annual property tax
$3,954

Interior

Heating
Baseboard heaters, Forced air, Electric, See remarks
Fireplace
None

Exterior & Lot

Exterior features
Vinyl siding, Aluminum

Building

Roof
Asphalt shingle, Unknown

Parking

Features
Other

Room Dimensions

RoomLevelDimensions
Full bathroomSecond level3' x 7'
BedroomSecond level11'4'' x 11'10''
Living roomSecond level11'9'' x 13'2''
KitchenSecond level10' x 15'4''
Full bathroomLower level8'7'' x 4'9''
Laundry roomLower level5'5'' x 7'
BedroomLower level8'3'' x 9'3''
Living roomLower level9'7'' x 9'10''
KitchenLower level9' x 12'11''
Full bathroomMain level4'7'' x 5'6''
Primary BedroomMain level11'2'' x 11'3''
Living roomMain level9'7'' x 19'5''
KitchenMain level11'3'' x 12'11''

Listing Information

MLS®
10363818
Listed
September 24, 2025
Time on market
On the market for 341 days
Data last synced
August 28, 2026

Listing provided by: Fair Realty (Nelson) · Data source: CREA DDF.

Description

Excellent Investment Opportunity! Welcome to 1007 Gordon St, a triplex situated in the sought-after area of Fairview in Nelson. Each of these three self-contained units has been thoughtfully renovated, including modernized kitchens and bathrooms, and new flooring throughout. The lower level is a bright and cozy one-bedroom bachelor unit featuring a spacious kitchen that overlooks the backyard and garden. The upper unit is a charming one-bedroom suite that offers an open-concept kitchen and living area, plus a full bath. The main floor unit main unit features a sleek, modern kitchen with like-new cabinets and appliances. This property has the added bonus of gorgeous lake views! Additional features include in-suite laundry in all three units, separate utilities for each unit, parking for three vehicles, plus ample street parking. Close to amenities, schools and more. Book your private viewing today! (id:63159)

Values & Trends

This listing

$450/sqft

Building average

No other active listings in this building

Nelson average

$394/sqft

5 active listing(s)

Parking: Not indicatedStorage 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

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/Middle403 m
Secondaire de NelsonSecondary793 m
L V Rogers SecondarySecondary793 m
Hume Elementary SchoolElementary957 m
South Nelson ElementaryElementary2.3 km
Trafalgar Middle SchoolMiddle2.5 km
St Joseph School(Independent)Elementary/Middle2.5 km
WildflowerElementary/Middle2.6 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)

  • Unnamed596 m

Parks (2)

  • Unnamed566 m
  • Queen Elizabeth Park778 m

Nearby places data: © OpenStreetMap contributors.

School district: Kootenay Lake (SD8)

Mortgage & Ownership Cost Calculator

Minimum required: 6.6% ($47,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$580,000.00
Periodic payment — Principal & Interest (monthly)$3,741.96
Additional monthly expenses (strata, tax, utilities, etc.)$410.50
Total monthly cost$4,152.46
Interest paid over 5-yr term$166,229.67
Balance at end of term$521,711.88

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$47,500
Stress test qualifying rate8.09%
Payment you must qualify for$5,209.74

Cash Needed at Closing

Minimum down payment$47,500
Estimated BC PTT$12,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$61,500

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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