Property Type: Detached HouseOwnership: Freehold

124 LAKE Avenue

Silverton, BC V0G1S0

$549,000

3 bed2 bath1,440 sqftBuilt 1916
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Property Details

Property & Lot

Sub-type
House
Stories
1
Lot size
0.42 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$1,388

Interior

Basement
Crawl space
Heating
Baseboard heaters, Stove, Wood
Fireplace
None
Flooring
Hardwood

Exterior & Lot

Exterior features
Wood siding

Building

Roof
Metal, Unknown

Parking

Features
Additional Parking

Room Dimensions

RoomLevelDimensions
4pc BathroomMain level
KitchenMain level9'0'' x 7'4''
BedroomMain level13'11'' x 11'7''
OtherMain level11'2'' x 19'5''
Laundry roomMain level6'10'' x 7'8''
4pc BathroomMain level
BedroomMain level5'11'' x 11'0''
Primary BedroomMain level10'0'' x 11'0''
Living roomMain level11'5'' x 19'5''
KitchenMain level21'0'' x 11'5''

Listing Information

MLS®
10380584
Listed
March 25, 2026
Time on market
On the market for 159 days
Data last synced
August 28, 2026

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

Description

Residential/Commercial home on large (100’ x105’) property with potentially enough room for a second build. This property features a 12 x 19 commercial space with solid oak flooring and high ceilings to operate a small business, or to use as your personal living space. Attached to the commercial space is a cozy and cheerful two bedroom residence, with solid hardwood, tile bathroom, woodstove and clawfoot tub. At the rear of the building is a separate entrance studio suite suitable for a short term or long term rental. This historic building has been tastefully and extensively renovated in 2017, with new plumbing and electrical by local contractors, 90% new windows, solid hardwood throughout. Property has a workshop, lots of parking, excellent sun exposure, long growing season and good soil. Silverton village water is unchlorinated and excellent. Move in ready to enjoy a Slocan Lake summer, furnished even, if you wish. Seller is willing consider partial vendor financing. (id:63159)

Values & Trends

This listing

$381/sqft

Building average

No other active listings in this building

Village of Silverton average

$497/sqft

4 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

Nearest station: Nakusp

12°C

Humidity 94%

Wind ENE 4 km/h

Tonight

Tuesday

24°

Tuesday night

15°

Wednesday

20°

Wednesday night

12°

Thursday

16°

Source: Environment and Climate Change Canada.

Population

149

(2021 Census)

-23.6% since 2016

Density: 425.7/km²

Dwellings: 128

Immigrant population: 25.8%

Top countries of origin (% of total population)

  • Germany10.1% · 15
  • United States of America6.7% · 10
  • United Kingdom6.7% · 10

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

19

2/9 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
Lucerne Elem-SecondaryK-124.8 km
W.E. Graham Community SchoolElementary/Middle22.3 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.

Nearby Places

Cafes (1)

  • Camp Café · 206 Lake Avenue44 m

Parks (2)

  • The Slip Day Park360 m
  • Dewis Park421 m

Nearby places data: © OpenStreetMap contributors.

School district: Arrow Lakes (SD10)

Mortgage & Ownership Cost Calculator

Minimum required: 5.4% ($29,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$439,200.00
Periodic payment — Principal & Interest (monthly)$2,833.57
Additional monthly expenses (strata, tax, utilities, etc.)$187.67
Total monthly cost$3,021.24
Interest paid over 5-yr term$125,875.98
Balance at end of term$395,061.82

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$29,900
Stress test qualifying rate8.09%
Payment you must qualify for$3,991.70

Cash Needed at Closing

Minimum down payment$29,900
Estimated BC PTT$8,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$40,380

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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