Property Type: Detached HouseOwnership: Freehold

1097 LAKEVIEW ARROW CREEK Road

Creston, BC V0B1G1

$799,000

2 bed1 bath1,140 sqftBuilt 2003
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
52.67 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$3,324

Interior

Basement
Full
Heating
Baseboard heaters, Stove, Wood
Fireplace
Yes (1)
Fireplace type
Wood, Conventional
Flooring
Concrete, Hardwood, Mixed Flooring

Exterior & Lot

Exterior features
Wood
View
Mountain view, View (panoramic)
Waterfront
Waterfront on creek

Building

Roof
Metal, Unknown

Parking

Features
Covered

Restrictions & Policies

Pets
Allowed

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Room Dimensions

RoomLevelDimensions
OtherBasement30'5'' x 37'3''
Living roomMain level11'0'' x 19'1''
Primary BedroomMain level18'9'' x 10'9''
BedroomMain level8'7'' x 18'9''
4pc Ensuite bathMain level
Laundry roomMain level5'11'' x 7'9''
KitchenMain level12'9'' x 13'4''
FoyerMain level8'3'' x 9'3''

Listing Information

MLS®
10354405
Listed
July 3, 2025
Time on market
On the market for 424 days
Data last synced
August 28, 2026

Listing provided by: RE/MAX Elk Valley Realty · Data source: CREA DDF.

Description

THIS INCREDIBLE PROPERTY IS ON 52.67ACRES BACKS ONTO CROWN LAND, THERE IS A YEAR ROUND CREEK! (Nancy Creek - VIDEO INCLUDED) A WATER LICENCE MAY BE AVAILABLE. THE PROPERTY HAS SPRINGS ALSO. THE HOME IS ON A WELL. THIS IS A GREAT AREA FOR HORSES. THE CURRENT CARETAKERS WERE ABLE TO RIDE THEIR HORSES TO THE BACK OF THE PROPERTY ONTO CROWN LAND, THERE ARE TRAILS ON ARROW MOUNTAIN, THEY WENT AS FAR AS ERICKSON! THE HOME HAS 2 BEDROOMS, HARDWOOD FLOORING. THE UNFINISHED BASEMENT HAS LARGE WINDOWS AND GREAT FOR FURTHER DEVELOPMENT - THE HOME IS AN OLDER HOME WHICH WAS BROUGHT IN AND PUT ON A NEW CONCRETE FOUNDATION 2003. THE PROPERTY HAS BEEN CLEARED. THERE ARE TWO DRIVEWAY ACCESS POINTS FORM EACH SIDE OF THE PROPERTY. A SURVEY HAS BEEN COMPLETED ALSO THE SURVEY FOR A 25 ACRE SECTION HAS ALSO BEEN COMPLETED IF SOMEONE WISHES TO CONTINUE THE SUBDIVISION PROCESS. THE LAND AROUND THE HOME HAS BEEN TILLED, THE SOIL IS BEAUTIFUL AND FREE OF STUMPS AND ROCKS, NEARLY READY FOR PLANTING GRASS, GARDENS AND CROPS. THE MAIN ROAD IS A SCHOOL BUS ROUTE AND THEREFORE VERY WELL MAINTAINED. GST IS APPLICABLE. (id:63159)

Values & Trends

This listing

$701/sqft

Building average

No other active listings in this building

Wynndel/Lakeview average

$326/sqft

7 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

17°C

Humidity 57%

Wind NW 10 km/h

Tonight

12°

Tuesday

28°

Tuesday night

14°

Wednesday

20°

Wednesday night

12°

Thursday

18°

Source: Environment and Climate Change Canada.

Population

5,583

(2021 Census)

+4.1% since 2016

Density: 663.9/km²

Dwellings: 2,810

Median household income: $58,800

After-tax: $54,400

Immigrant population: 11.8%

Top countries of origin (% of total population)

  • United Kingdom2.2% · 125
  • United States of America1.8% · 100
  • Germany1.1% · 60
  • Netherlands0.7% · 40
  • China0.6% · 35
  • Hungary0.4% · 20
  • Poland0.4% · 20
  • Mexico0.3% · 15

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Kootenay Valley Christian School(Independent)Elementary/Middle5.8 km
Adam Robertson ElementaryElementary6.2 km
Kootenay River SecondarySecondary6.8 km
Erickson ElementaryElementary7.4 km
Canyon/Lister ElementaryElementary8.7 km
Yaqan Nukiy School(Independent)Elementary10.0 km
Mormon Hills Elementary Secondary(Independent)Elementary/Middle16.1 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 Lake (SD8)

Mortgage & Ownership Cost Calculator

Minimum required: 6.9% ($54,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$639,200.00
Periodic payment — Principal & Interest (monthly)$4,123.90
Additional monthly expenses (strata, tax, utilities, etc.)$334.00
Total monthly cost$4,457.90
Interest paid over 5-yr term$183,196.56
Balance at end of term$574,962.47

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$54,900
Stress test qualifying rate8.09%
Payment you must qualify for$5,721.87

Cash Needed at Closing

Minimum down payment$54,900
Estimated BC PTT$13,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$70,380

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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