Property Type: Land / LotOwnership: Freehold

2-1445 Illecillewaet Road Lot# SL 1

Revelstoke, BC V0E2S1

$429,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.18 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Strata / maintenance fee
$65/mo
Annual property tax
$1,786.17

Interior

Fireplace
None

Exterior & Lot

View
Mountain view, River view, Valley view, View of water
Lot features
Cul-de-sac, Level lot
Fencing
Not fenced

Building

Water source
Municipal water
Sewer
Municipal sewage system
Utilities
Water, Sewer, Natural Gas, Electricity, Telephone
Parcel ID (PID)
031-936-385

Restrictions & Policies

Pets
Allowed
Rentals
Allowed

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

Listing Information

MLS®
10380172
Listed
March 23, 2026
Time on market
On the market for 161 days
Data last synced
September 1, 2026

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

Description

$40,000 INCENTIVE — For a limited time, the developer is offering a $40,000 incentive on the purchase of SL1. Qualifying offers must be accepted by September 22, 2026. Ask the Listing Representative for full details and terms. SL1 River Peak Court – First Lot on the Left with River & Mountain Views This level, 0.18-acre lot offers a clean, square footprint perfect for a custom home, with flexible garage placement and the option to build above the garage to capture sweeping views of the Illecillewaet River, Revelstoke Mountain, Mt Begbie, Mt Macpherson, and Boulder Mountain. Just 6 minutes from Revelstoke Mountain Resort, this build-ready lot combines privacy and lifestyle in a low-density, 10-lot development. Larger lots like this are increasingly rare in Revelstoke’s evolving market, making this a unique opportunity before multi-family developments change the landscape. Fully serviced with water, sewer, gas, hydro, and telecommunications at the lot line, and with DCCs prepaid, you can start building without delay. Zoning allows for a SFH plus an accessory dwelling, offering flexibility for guests, rental income, or multi-generational living. Trusted contractors and a mortgage specialist are available upon request. GST applicable. NOTE: this representation is based in whole or in part on data generated by the Association of Interior REALTORS®, which assume no responsibility for its accuracy. (id:63159)

Location Insights

Weather

Clear

13°C

Clear

Humidity 91%

Wind WSW 4 km/h

Tonight

10°

Tuesday

25°

Tuesday night

13°

Wednesday

22°

Wednesday night

12°

Thursday

17°

Source: Environment and Climate Change Canada.

Population

8,275

(2021 Census)

+9.4% since 2016

Density: 200.5/km²

Dwellings: 3,739

Median household income: $96,000

After-tax: $85,000

Immigrant population: 11.7%

Top countries of origin (% of total population)

  • United Kingdom1.9% · 155
  • United States of America1.4% · 115
  • Italy1% · 80
  • Germany0.9% · 75
  • Philippines0.8% · 65
  • Netherlands0.4% · 30
  • India0.3% · 25
  • China0.2% · 15

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

4

1/9 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
Arrow Heights ElementaryElementary973 m
des GlaciersElementary973 m
Revelstoke SecondarySecondary1.4 km
Secondaire de RevelstokeSecondary1.4 km
Begbie View ElementaryElementary1.7 km
Columbia Park ElementaryElementary4.2 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

Grocery (1)

  • Southside Market732 m

Nearby places data: © OpenStreetMap contributors.

School district: Revelstoke (SD19)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($21,450) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$343,200.00
Periodic payment — Principal & Interest (monthly)$2,214.21
Additional monthly expenses (strata, tax, utilities, etc.)$213.85
Total monthly cost$2,428.06
Interest paid over 5-yr term$98,362.11
Balance at end of term$308,709.51

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$21,450
Stress test qualifying rate8.09%
Payment you must qualify for$3,133.92

Cash Needed at Closing

Minimum down payment$21,450
Estimated BC PTT$6,580
Legal / closing costs (typical estimate)$1,500
Total cash needed$29,530

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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