Property Type: Land / LotOwnership: Strata

205 Edward Street Lot# 7

Balfour, BC V0G1C0

$97,900

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.07 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Strata
Annual property tax
$0

Interior

Fireplace
None

Listing Information

MLS®
10384452
Listed
April 27, 2026
Time on market
On the market for 126 days
Data last synced
August 28, 2026

Listing provided by: ComFree · Data source: CREA DDF.

Description

Beautiful RV lot located directly on the Balfour Golf Course. Steps to bath-house with laundry facilities. Exceptional landscaping with two private stone patios and parking for two vehicles. Shares for sale, additional maintenance fee includes property tax for $135 per month. (id:63159)

Location Insights

Weather

Nearest station: Nelson

13°C

Humidity 80%

Wind ESE 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 SchoolElementary7.0 km
Crawford Bay Elem-SecondaryK-1210.7 km
des Sentiers-alpinsElementary/Middle20.5 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)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($4,895) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$78,320.00
Periodic payment — Principal & Interest (monthly)$505.29
Additional monthly expenses (strata, tax, utilities, etc.)$0.00
Total monthly cost$505.29
Interest paid over 5-yr term$22,446.74
Balance at end of term$70,449.09

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$4,895
Stress test qualifying rate8.09%
Payment you must qualify for$715.18

Cash Needed at Closing

Minimum down payment$4,895
Estimated BC PTT$979
Legal / closing costs (typical estimate)$1,500
Total cash needed$7,374

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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