Property Type: Land / LotOwnership: Freehold

1609 TOWER RIDGE Road

Castlegar, BC V1N4W7

$239,900

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.33 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Strata / maintenance fee
$131/mo
Annual property tax
$1,181.66

Interior

Fireplace
None

Exterior & Lot

Lot features
Cul-de-sac, Level lot, Private setting

Building

Water source
Co-operative Well
Utilities
Water, Natural Gas, Electricity
Parcel ID (PID)
026-190-893

Listing Information

MLS®
10389948
Listed
June 5, 2026
Time on market
On the market for 87 days
Data last synced
August 31, 2026

Listing provided by: Coldwell Banker Executives Realty · Data source: CREA DDF.

Description

Build your dream home in one of Castlegar's most sought-after neighbourhoods! Located at 1609 Tower Ridge Road, this flat and usable 0.33-acre lot offers a rare opportunity to secure one of the last available building lots in the highly desirable Tower Ridge community. Enjoy the perfect blend of peaceful living and convenience, just minutes from Castlegar and within walking distance to the renowned Castlegar Golf Club and the popular Nineteenth Restaurant. Community water, electricity, and natural gas are available at the lot line, making this an ideal location to bring your vision to life. A septic system will be required for future development.vSurrounded by quality homes and stunning natural beauty, this property offers the opportunity to build exactly what you want in an established neighbourhood where opportunities like this are becoming increasingly rare. Don't miss your chance to create your dream home in one of the area's premier residential communities. Strata Fee is paid annually (id:63159)

Location Insights

Weather

Mainly Clear

13°C

Mainly Clear

Humidity 83%

Wind E 3 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.

Nearby Schools

SchoolTypeDistance
Kinnaird ElementaryElementary3.1 km
Twin Rivers ElementaryElementary3.7 km
Stanley Humphries SecondarySecondary3.8 km
Robson Community SchoolElementary7.0 km
Brent Kennedy ElementaryElementary16.6 km
Sequoia CentreSecondary17.0 km
Mount Sentinel SecondaryK-1217.1 km
Fruitvale ElementaryElementary21.7 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-Columbia (SD20)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($11,995) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$191,920.00
Periodic payment — Principal & Interest (monthly)$1,238.20
Additional monthly expenses (strata, tax, utilities, etc.)$229.72
Total monthly cost$1,467.92
Interest paid over 5-yr term$55,004.82
Balance at end of term$172,632.66

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$11,995
Stress test qualifying rate8.09%
Payment you must qualify for$1,752.51

Cash Needed at Closing

Minimum down payment$11,995
Estimated BC PTT$2,798
Legal / closing costs (typical estimate)$1,500
Total cash needed$16,293

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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