Property Type: Detached HouseOwnership: Freehold

10370 W 16 HIGHWAY

Burns Lake, BC V0J1E1

$112,000

2 bed1 bath1,280 sqftBuilt 1947
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Property Details

Property & Lot

Sub-type
House
Stories
1
Lot size
1.09 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$998.38 (2026)

Interior

Basement
None
Heating
Electric
Fireplace
None

Building

Foundation
Concrete Perimeter, Preserved Wood
Roof
Metal, Conventional

Parking

Features
Open

Room Dimensions

RoomLevelDimensions
Enclosed porchMain level
KitchenMain level
Eating areaMain level
Living roomMain level
Bedroom 2Main level
Primary BedroomMain level
Laundry roomMain level

Listing Information

MLS®
R3149727
Listed
July 24, 2026
Time on market
On the market for 38 days
Tax assessment year
2026
Data last synced
August 28, 2026

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

Description

Affordable acreage just minutes from town. This older 2-bedroom, 1-bathroom home sits on over 1 acre and includes a shop and storage shed. If you're looking for an inexpensive place to live, this is a great opportunity. (id:63159)

Values & Trends

This listing

$88/sqft

Building average

No other active listings in this building

Burns Lake average

$218/sqft

39 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

12°C

Humidity 92%

Wind ENE calm km/h

Tonight

Tuesday

16°

Tuesday night

Wednesday

18°

Wednesday night

10°

Thursday

21°

Source: Environment and Climate Change Canada.

Population

1,659

(2021 Census)

-6.7% since 2016

Density: 253.7/km²

Dwellings: 765

Median household income: $75,500

After-tax: $67,500

Immigrant population: 8.4%

Top countries of origin (% of total population)

  • India1.5% · 25
  • United States of America0.9% · 15
  • United Kingdom0.6% · 10
  • Viet Nam0.6% · 10

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Decker Lake ElementaryElementary2.0 km
Lakes District SecondarySecondary8.7 km
Lakes Learning CentreSecondary9.0 km
William Konkin ElementaryElementary9.2 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: Nechako Lakes (SD91)

Similar Listings Nearby

Similar active properties nearby based on property type, price, and size.

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($5,600) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$89,600.00
Periodic payment — Principal & Interest (monthly)$578.07
Additional monthly expenses (strata, tax, utilities, etc.)$147.20
Total monthly cost$725.27
Interest paid over 5-yr term$25,679.62
Balance at end of term$80,595.49

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$5,600
Stress test qualifying rate8.09%
Payment you must qualify for$818.18

Cash Needed at Closing

Minimum down payment$5,600
Estimated BC PTT$1,120
Legal / closing costs (typical estimate)$1,500
Total cash needed$8,220

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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