Property Type: Land / LotOwnership: Strata

205 EDWARDS Street Lot# 55

Balfour, BC V0G1V0

$139,900

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.08 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Strata
Strata / maintenance fee
$135/mo
Annual property tax
$0

Interior

Fireplace
None

Listing Information

MLS®
10380589
Listed
April 7, 2026
Time on market
On the market for 146 days
Data last synced
August 28, 2026

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

Description

Live in one of the most breathtaking settings in the Kootenays and embrace the ultimate recreational lifestyle with this move-in ready lot nestled within the Balfour Golf Course at the sought-after Queens Bay Resort. Perfectly positioned along the 18th hole with stunning panoramic views of Kootenay Lake and the surrounding mountains, this fully serviced site has water, sewer, and electricity already connected, just pull up your RV or start building immediately. Affordable annual fees of just $1,620/year cover water, sewer, garbage, snow removal, landscape care, and resort management, meaning you can take full advantage of this property without the extra work. The lot has been professionally levelled and gravelled with all site prep complete, and includes a fully insulated shed with its own 200-amp service. Phase 2 sites are designed for year-round living, accommodating everything from tiny homes and park models to full stick-built residences on permanent foundations. GST has already been paid, adding exceptional value. Queens Bay Resort offers truly low-maintenance community living with a vibrant owner-elected community. Just 30 minutes to Nelson and Kaslo, with world-class golf, boating, beaches, hiking, Ainsworth Hot Springs, and Whitewater ski resort all within easy reach. This is your gateway to Kootenay living at its finest. Vendor financing may be available — inquire for details. (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 SchoolElementary7.1 km
Crawford Bay Elem-SecondaryK-1210.6 km
des Sentiers-alpinsElementary/Middle20.6 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% ($6,995) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$111,920.00
Periodic payment — Principal & Interest (monthly)$722.07
Additional monthly expenses (strata, tax, utilities, etc.)$135.00
Total monthly cost$857.07
Interest paid over 5-yr term$32,076.59
Balance at end of term$100,672.40

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$6,995
Stress test qualifying rate8.09%
Payment you must qualify for$1,021.99

Cash Needed at Closing

Minimum down payment$6,995
Estimated BC PTT$1,399
Legal / closing costs (typical estimate)$1,500
Total cash needed$9,894

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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