Property Type: Detached HouseOwnership: Freehold

183-191 Kootenay Lake Road

Procter, BC V1L0B6

$1,450,000

1 bed1 bath763 sqftBuilt 2011
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Property Details

Property & Lot

Sub-type
House
Stories
1
Lot size
1.45 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Strata / maintenance fee
$320/mo
Annual property tax
$5,675.16

Maintenance Fee Includes

Management

Also included: Insurance, Other, See Remarks, Reserve Fund Contributions

Interior

Heating
Baseboard heaters
Fireplace
None

Exterior & Lot

View
Lake view, Mountain view, Valley view
Waterfront
Waterfront on lake

Restrictions & Policies

Pets
Allowed, Restrictions apply

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

Room Dimensions

RoomLevelDimensions
Primary BedroomMain level12'6'' x 10'8''
Full bathroomMain level9'4'' x 7'4''
Living roomMain level14'3'' x 15'4''
Dining roomMain level9'2'' x 15'3''
KitchenMain level13'8'' x 7'10''

Listing Information

MLS®
10394485
Listed
July 13, 2026
Time on market
On the market for 50 days
Data last synced
August 28, 2026

Listing provided by: Bennett Family Real Estate · Data source: CREA DDF.

Description

An incredible opportunity awaits at Proctor Point, where two magnificent lots totalling 1.45 acres and over 200 feet of pristine lake frontage converge as the Kootenay Lake West Arm meets the main body of Kootenay Lake. Nestled within this lush, private forest is a charming and meticulously renovated 763 sq. ft. home, a testament to high-end design, materials and modern comfort. Thoughtfully updated in 2025 with top-of-the-line appliances and finishes, the cozy one-bedroom, one-bathroom residence offers an exquisite retreat from the world. Imagine waking up to the gentle sounds of nature and enjoying your morning coffee on the large, back patio, perfect for entertaining or simply unwinding in the tranquility of your surroundings. Listen to the nearby stream that meanders through the woods as you soak in the hot tub. The true value of this property extends beyond the existing home; with multiple potential building sites available across the two parcels, you have the rare flexibility to construct your ultimate dream home while utilizing the current residence as a guest house or a caretaker suite. Or construct several additional small residences to create the ultimate family recreational property. This is a once-in-a-lifetime chance to own a piece of Kootenay paradise, offering unmatched privacy, a stunning private beach, and boundless potential for a legacy property in a truly special location. (id:63159)

Values & Trends

This listing

$1,900/sqft

Building average

No other active listings in this building

Harrop/Procter average

$638/sqft

12 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: Nelson

16°C

Humidity 65%

Wind E 4 km/h

Tonight

10°

Tuesday

27°

Tuesday night

13°

Wednesday

20°

Wednesday night

12°

Thursday

18°

Source: Environment and Climate Change Canada.

Nearby Schools

SchoolTypeDistance
Redfish Elementary SchoolElementary8.0 km
Crawford Bay Elem-SecondaryK-1210.1 km
des Sentiers-alpinsElementary/Middle21.5 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)

Similar Listings Nearby

Similar active properties nearby based on property type, price, and size.

Mortgage & Ownership Cost Calculator

Minimum required: 8.3% ($120,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,160,000.00
Periodic payment — Principal & Interest (monthly)$7,483.93
Additional monthly expenses (strata, tax, utilities, etc.)$830.93
Total monthly cost$8,314.86
Interest paid over 5-yr term$332,459.33
Balance at end of term$1,043,423.75

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$120,000
Stress test qualifying rate8.09%
Payment you must qualify for$10,227.23

Cash Needed at Closing

Minimum down payment$120,000
Estimated BC PTT$27,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$148,500

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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