Property Type: Land / LotOwnership: Freehold

2006 Lanzo Lane

Revelstoke, BC V0E2S1

$389,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.15 acres
Frontage
52 feet

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Strata / maintenance fee
$60/mo
Annual property tax
$1,781

Maintenance Fee Includes

Garbage

Also included: Other, See Remarks

Interior

Fireplace
None

Exterior & Lot

View
Mountain view

Listing Information

MLS®
10389108
Listed
June 1, 2026
Time on market
On the market for 91 days
Data last synced
August 28, 2026

Listing provided by: RE/MAX Revelstoke Realty · Data source: CREA DDF.

Description

Discover an exciting new 8-lot strata development in the heart of Arrow Heights. Nestled in one of Revelstoke’s most desirable neighbourhoods, these premium building lots offer abundant natural light and spectacular 360-degree mountain views. Enjoy an unbeatable location just minutes from Arrow Heights Elementary School, Revelstoke Mountain Resort, and the future Cabot Revelstoke golf course, scheduled to open in 2027. Outdoor enthusiasts will appreciate immediate access to hiking and biking trails right from their doorstep. All DCCs for a single-family home have already been prepaid, offering added value and convenience. Utilities and full municipal services, including sewer, are available at the lot line. GST applicable. Only a few lots remain available — secure your opportunity to build in this exceptional Revelstoke community today! (id:63159)

Location Insights

Weather

Clear

12°C

Clear

Humidity 99%

Wind SE calm km/h

Tonight

10°

Tuesday

25°

Tuesday night

13°

Wednesday

22°

Wednesday night

12°

Thursday

15°

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.

Nearby Schools

SchoolTypeDistance
Arrow Heights ElementaryElementary546 m
des GlaciersElementary546 m
Revelstoke SecondarySecondary2.0 km
Secondaire de RevelstokeSecondary2.0 km
Begbie View ElementaryElementary2.2 km
Columbia Park ElementaryElementary4.9 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.

School district: Revelstoke (SD19)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($19,450) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$311,200.00
Periodic payment — Principal & Interest (monthly)$2,007.76
Additional monthly expenses (strata, tax, utilities, etc.)$208.42
Total monthly cost$2,216.17
Interest paid over 5-yr term$89,190.81
Balance at end of term$279,925.41

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$19,450
Stress test qualifying rate8.09%
Payment you must qualify for$2,841.71

Cash Needed at Closing

Minimum down payment$19,450
Estimated BC PTT$5,780
Legal / closing costs (typical estimate)$1,500
Total cash needed$26,730

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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