Property Type: Land / LotOwnership: Freehold

103 Topping Terrace

Rossland, BC V0G1Y0

$610,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.2 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$3,606.7

Interior

Fireplace
None

Exterior & Lot

View
Mountain view

Listing Information

MLS®
10355103
Listed
July 8, 2025
Time on market
On the market for 419 days
Data last synced
August 28, 2026

Listing provided by: Century 21 Kootenay Homes (2018) Ltd · Data source: CREA DDF.

Description

This lot is your gateway to world-class recreation, offering everything from legendary powder days to adrenaline-pumping lift-access mountain biking. The location is unbeatable for multi-sport athletes; walk to the Blackjack cross-country ski trails, play a round of disc golf, or hit the extensive trail system for a run or ride right from the base. Don’t miss your chance to secure this exceptional lot and build a custom home in the heart of Red Mountain Resort. (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.

Nearby Schools

SchoolTypeDistance
Rossland Summit SchoolElementary/Middle3.3 km
des Sept-sommetsElementary/Middle3.7 km
James L Webster ElementaryElementary5.9 km
St Michael's Elementary(Independent)Elementary8.9 km
J Lloyd Crowe SecondaryElementary9.1 km
Kootenay Columbia SecondarySecondary9.5 km
Glenmerry ElementaryElementary11.8 km
Fruitvale ElementaryElementary20.3 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: Kootenay-Columbia (SD20)

Mortgage & Ownership Cost Calculator

Minimum required: 5.9% ($36,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$488,000.00
Periodic payment — Principal & Interest (monthly)$3,148.41
Additional monthly expenses (strata, tax, utilities, etc.)$300.56
Total monthly cost$3,448.97
Interest paid over 5-yr term$139,862.20
Balance at end of term$438,957.58

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$36,000
Stress test qualifying rate8.09%
Payment you must qualify for$4,413.86

Cash Needed at Closing

Minimum down payment$36,000
Estimated BC PTT$10,200
Legal / closing costs (typical estimate)$1,500
Total cash needed$47,700

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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