Property Type: Land / LotOwnership: Freehold

1021 SILVERTIP Road

Rossland, BC V0G1Y0

$230,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.21 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$1,734.9

Interior

Heating
No heat
Fireplace
None

Listing Information

MLS®
2470639
Listed
May 9, 2023
Time on market
On the market for 1210 days
Data last synced
August 28, 2026

Listing provided by: Mountain Town Properties Ltd. · Data source: CREA DDF.

Description

Discover Redstone – Where the Mountains Meet Golf, Nature, and Year-Round Adventure! Tucked away at the end of a quiet cul-de-sac, this property offers peace and privacy just steps from all that Redstone has to offer. Enjoy the best of both worlds — a serene setting away from the main road, yet within walking distance to Rossland via the nearby Wagon Road. All essential services — water, sewer, natural gas, and electricity — are ready at or near the lot line. A unique Right of Way runs along the southern edge, ensuring a no-build zone and extra breathing room between you and your neighbour at 1019 Silvertip Rd. With a gentle downhill slope, this 9,234 sq. ft. (858 sq. m.) lot is perfect for a home design featuring a walk-in main level and minimal stairs. Build your dream home surrounded by mountain views, golf, and endless outdoor recreation. Redstone continues to grow alongside Rossland’s vibrant local economy — making this an exceptional investment opportunity. Bonus: GST has already been paid — that’s 5% instant value back in your pocket! (id:63159)

Location Insights

Weather

Nearest station: Trail

18°C

Humidity 50%

Wind NNW 2 km/h

Tonight

10°

Tuesday

27°

Tuesday night

13°

Wednesday

20°

Wednesday night

12°

Thursday

18°

Source: Environment and Climate Change Canada.

Population

4,140

(2021 Census)

+11% since 2016

Density: 69.3/km²

Dwellings: 2,075

Median household income: $96,000

After-tax: $85,000

Immigrant population: 11.7%

Top countries of origin (% of total population)

  • United Kingdom3.4% · 140
  • United States of America1.7% · 70
  • Germany1.3% · 55
  • South Africa, Republic of0.7% · 30
  • Poland0.2% · 10

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

7

1/9 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
des Sept-sommetsElementary/Middle1.2 km
Rossland Summit SchoolElementary/Middle1.5 km
James L Webster ElementaryElementary4.6 km
St Michael's Elementary(Independent)Elementary7.5 km
J Lloyd Crowe SecondaryElementary7.8 km
Kootenay Columbia SecondarySecondary7.8 km
Glenmerry ElementaryElementary10.0 km
Fruitvale ElementaryElementary18.6 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

Parks (1)

  • Rossglen Park356 m

Nearby places data: © OpenStreetMap contributors.

School district: Kootenay-Columbia (SD20)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($11,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$184,000.00
Periodic payment — Principal & Interest (monthly)$1,187.11
Additional monthly expenses (strata, tax, utilities, etc.)$144.58
Total monthly cost$1,331.68
Interest paid over 5-yr term$52,734.93
Balance at end of term$165,508.60

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$11,500
Stress test qualifying rate8.09%
Payment you must qualify for$1,680.19

Cash Needed at Closing

Minimum down payment$11,500
Estimated BC PTT$2,600
Legal / closing costs (typical estimate)$1,500
Total cash needed$15,600

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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