Property Type: OtherOwnership: Freehold

156 Haig Street

Warfield, BC V1R2L9

$725,000

Built 1950
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Property Details

Property & Lot

Sub-type
Multi-Family
Lot size
1.02 acres

Ownership & Fees

Property type
Other
Ownership
Freehold
Annual property tax
$8,813

Interior

Heating
Baseboard heaters, See remarks
Fireplace
None

Parking

Features
Additional Parking

Listing Information

MLS®
10363909
Listed
September 29, 2025
Time on market
On the market for 336 days
Data last synced
August 28, 2026

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

Description

Investment opportunity with strong income potential from 9 rental units. This building has seen numerous improvements over the years, including a torch-on roof, upgraded boiler system, plumbing enhancements, new flooring in many suites, refreshed common areas, and exterior painting. Solid rental history for each unit. Contact your Realtor today to view! (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

1,753

(2021 Census)

+4.3% since 2016

Density: 927.5/km²

Dwellings: 828

Median household income: $90,000

After-tax: $77,500

Immigrant population: 6.9%

Top countries of origin (% of total population)

  • United Kingdom1.7% · 30
  • United States of America1.1% · 20
  • Germany0.6% · 10
  • Italy0.6% · 10

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

11

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
James L Webster ElementaryElementary730 m
St Michael's Elementary(Independent)Elementary2.4 km
J Lloyd Crowe SecondaryElementary2.7 km
Kootenay Columbia SecondarySecondary2.9 km
des Sept-sommetsElementary/Middle4.9 km
Rossland Summit SchoolElementary/Middle5.0 km
Glenmerry ElementaryElementary5.2 km
Fruitvale ElementaryElementary13.9 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)

  • Unnamed337 m

Parks (1)

  • Unnamed741 m

Nearby places data: © OpenStreetMap contributors.

School district: Kootenay-Columbia (SD20)

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 6.6% ($47,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$580,000.00
Periodic payment — Principal & Interest (monthly)$3,741.96
Additional monthly expenses (strata, tax, utilities, etc.)$734.42
Total monthly cost$4,476.38
Interest paid over 5-yr term$166,229.67
Balance at end of term$521,711.88

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$47,500
Stress test qualifying rate8.09%
Payment you must qualify for$5,209.74

Cash Needed at Closing

Minimum down payment$47,500
Estimated BC PTT$12,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$61,500

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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