Property Type: Land / LotOwnership: Freehold

1023 Williams Gate Lane Lot# 12

Revelstoke, BC V0E2S1

$420,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.14 acres
Frontage
50 feet

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$1,626.26

Interior

Fireplace
None

Listing Information

MLS®
10379835
Listed
March 17, 2026
Time on market
On the market for 167 days
Data last synced
August 28, 2026

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

Description

Located on a quiet street in Arrow Heights, Lot 12 of the Williams Gate development offers stunning mountain views and plenty of sunshine. This R-LD1 zoned 0.13-acre lot features a flat building site, perfect for a single-family home with a legal suite allowed. Serviced with city water and sewer, the development costs for a single-family home have already been covered by the developer—plus, there’s no GST. Enjoy walking access to numerous trails, Arrow Heights Elementary School, and the shops and services at Mackenzie Plaza, all while being just a short drive from the legendary Revelstoke Mountain Resort and the highly anticipated Cabot Revelstoke golf course. Don't miss this incredible opportunity to design and build your dream home in the heart of Revelstoke! Create a custom sanctuary that perfectly suits your lifestyle and brings your mountain living dreams to life. (id:63159)

Location Insights

Weather

Clear

12°C

Clear

Humidity 99%

Wind SE calm km/h

Tonight

10°

Tuesday

25°

Tuesday night

13°

Wednesday

22°

Wednesday night

12°

Thursday

15°

Source: Environment and Climate Change Canada.

Population

8,275

(2021 Census)

+9.4% since 2016

Density: 200.5/km²

Dwellings: 3,739

Median household income: $96,000

After-tax: $85,000

Immigrant population: 11.7%

Top countries of origin (% of total population)

  • United Kingdom1.9% · 155
  • United States of America1.4% · 115
  • Italy1% · 80
  • Germany0.9% · 75
  • Philippines0.8% · 65
  • Netherlands0.4% · 30
  • India0.3% · 25
  • China0.2% · 15

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Arrow Heights ElementaryElementary1.0 km
des GlaciersElementary1.0 km
Revelstoke SecondarySecondary1.7 km
Secondaire de RevelstokeSecondary1.7 km
Begbie View ElementaryElementary1.9 km
Columbia Park ElementaryElementary4.6 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.

School district: Revelstoke (SD19)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($21,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$336,000.00
Periodic payment — Principal & Interest (monthly)$2,167.76
Additional monthly expenses (strata, tax, utilities, etc.)$135.52
Total monthly cost$2,303.28
Interest paid over 5-yr term$96,298.57
Balance at end of term$302,233.09

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$21,000
Stress test qualifying rate8.09%
Payment you must qualify for$3,068.17

Cash Needed at Closing

Minimum down payment$21,000
Estimated BC PTT$6,400
Legal / closing costs (typical estimate)$1,500
Total cash needed$28,900

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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