Property Type: Land / LotOwnership: Freehold

1101 1st Street Lot# Lot B

Castlegar, BC V1N1A1

$379,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.69 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$0

Interior

Fireplace
None

Exterior & Lot

View
River view
Waterfront
Waterfront on river

Listing Information

MLS®
10390426
Listed
June 8, 2026
Time on market
On the market for 84 days
Data last synced
August 28, 2026

Listing provided by: eXp Realty · Data source: CREA DDF.

Description

Rare waterfront development opportunity! Situated on a stunning 0.69-acre property with 144 feet of waterfrontage at the end of a quiet dead-end street, this exceptional parcel offers privacy and incredible future potential. Zoned R3, the property allows for a 5+ unit development, with the possibility of obtaining a variance to accommodate fewer units—opening the door to a variety of exciting investment or development options. Enjoy spectacular panoramic views overlooking the Columbia River, along with direct access to the shoreline for fishing, kayaking, or simply soaking in the natural beauty. Waterfront development opportunities of this size and caliber are few and far between, especially in such a peaceful and desirable setting. Whether you're an investor, developer, or someone dreaming of a unique riverside project, this property is packed with potential. (id:63159)

Location Insights

Weather

Mainly Clear

17°C

Mainly Clear

Humidity 66%

Wind NNW 4 km/h

Tonight

10°

Tuesday

27°

Tuesday night

13°

Wednesday

20°

Wednesday night

12°

Thursday

18°

Source: Environment and Climate Change Canada.

Population

8,338

(2021 Census)

+3.7% since 2016

Density: 419.6/km²

Dwellings: 3,702

Median household income: $81,000

After-tax: $73,000

Immigrant population: 8.6%

Top countries of origin (% of total population)

  • United Kingdom1.9% · 155
  • United States of America1.1% · 95
  • Portugal0.7% · 55
  • Italy0.5% · 40
  • India0.4% · 35
  • Jamaica0.4% · 30
  • Philippines0.4% · 30
  • Russian Federation0.3% · 25

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

33

5/9 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
Stanley Humphries SecondarySecondary968 m
Twin Rivers ElementaryElementary975 m
Robson Community SchoolElementary2.6 km
Kinnaird ElementaryElementary4.6 km
Brent Kennedy ElementaryElementary15.4 km
Sequoia CentreSecondary15.5 km
Mount Sentinel SecondaryK-1216.0 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

Restaurants (1)

  • The Grateful Table · 400 Columbia Avenue363 m

Grocery (1)

  • Kootenay Market · 635 635 Columbia Ave787 m

Parks (5+)

  • Kinsmen Park242 m
  • Stephenville Square329 m
  • Unnamed380 m
  • Unnamed425 m
  • Spirit Square454 m

Pharmacies (1)

  • Pharmasave · 1128 3rd Street286 m

Banks & ATMs (1)

  • Kootenay Savings Credit Union · 1016 4th Street399 m

Nearby places data: © OpenStreetMap contributors.

School district: Kootenay-Columbia (SD20)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($18,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$303,200.00
Periodic payment — Principal & Interest (monthly)$1,956.14
Additional monthly expenses (strata, tax, utilities, etc.)$0.00
Total monthly cost$1,956.14
Interest paid over 5-yr term$86,897.99
Balance at end of term$272,729.38

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$18,950
Stress test qualifying rate8.09%
Payment you must qualify for$2,768.66

Cash Needed at Closing

Minimum down payment$18,950
Estimated BC PTT$5,580
Legal / closing costs (typical estimate)$1,500
Total cash needed$26,030

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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