208 Nelson Avenue Unit# 1-4
Nakusp, BC V0G1R0
$850,000
Property Details
Property & Lot
- Sub-type
- Fourplex
- Stories
- 2
- Lot size
- 0.26 acres
Ownership & Fees
- Property type
- Fourplex
- Ownership
- Freehold
- Annual property tax
- $3,921
Interior
- Heating
- Baseboard heaters
- Fireplace
- None
- Flooring
- Laminate, Mixed Flooring
Exterior & Lot
- Exterior features
- Stucco
Building
- Roof
- Asphalt shingle, Unknown
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Full bathroom | Lower level | 6' x 8' |
| Bedroom | Lower level | 9'6'' x 13'6'' |
| Primary Bedroom | Lower level | 10'8'' x 11'3'' |
| Living room | Lower level | 12'8'' x 14'6'' |
| Kitchen | Lower level | 10'8'' x 14'11'' |
| Full bathroom | Lower level | 6' x 8' |
| Bedroom | Lower level | 9' x 11'6'' |
| Primary Bedroom | Lower level | 11' x 11'10'' |
| Living room | Lower level | 13'8'' x 15'6'' |
| Kitchen | Lower level | 10'8'' x 14'8'' |
| Full bathroom | Main level | 6' x 8' |
| Bedroom | Main level | 8' x 11' |
| Primary Bedroom | Main level | 11'6'' x 11' |
| Living room | Main level | 15' x 15'9'' |
| Kitchen | Main level | 11' x 11' |
| Full bathroom | Main level | 6' x 8' |
| Bedroom | Main level | 8' x 11'9'' |
| Primary Bedroom | Main level | 11'3'' x 12'10'' |
| Living room | Main level | 15' x 15'5'' |
| Kitchen | Main level | 12'11'' x 11'8'' |
Listing Information
- MLS®
- 10341027
- Listed
- March 28, 2025
- Time on market
- On the market for 521 days
- Data last synced
- August 28, 2026
Listing provided by: Royal Lepage Selkirk Realty · Data source: CREA DDF.
Description
Great Investment Opportunity! This 4-plex is situated on a 100' x 115' lot, 3 blocks to downtown. Close to beach, marina, and all amenities. 2 upper units, and 2 lower units with covered entry - the lower units are ground level access, upper units have stair access. All four are 2 bedrooms, kitchen, nice sized living area and full bath. Each unit is approximately 670 sq. ft. They each have their own hot water tank and 3 units are on separate hydro meters. Lower Unit 2 was just totally renovated in August, 2024. There is a separate common laundry room (coin laundry) between the 2 upper units. All appliances are included. Zoning is R3 (multi family). All units are occupied.....Present income is $4585.00 per month - unit #1 at present is rented to 1 person for $700/month, with an additional $500 added per month if occupancy changes to 2 people. Laneway access, open parking. Keep the building fully tenanted, or maybe move into one unit yourself, and keep the other 3 as rentals! (id:63159)
Values & Trends
This listing
$317/sqft
Building average
—
No other active listings in this building
Nakusp average
$397/sqft
2 active listing(s)
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
10°C
—
Humidity 97%
Wind ENE 3 km/h
Tonight
9°
Tuesday
24°
Tuesday night
15°
Wednesday
20°
Wednesday night
12°
Thursday
16°
Source: Environment and Climate Change Canada.
Population
1,589
(2021 Census)
-1% since 2016
Density: 197.6/km²
Dwellings: 831
Median household income: $64,500
After-tax: $59,200
Immigrant population: 9.1%
Top countries of origin (% of total population)
- United States of America2.2% · 35
- United Kingdom2.2% · 35
- Germany0.9% · 15
- Netherlands0.9% · 15
Source: Statistics Canada, 2021 Census of Population.
Location Accessibility
Our own metric — not an official Walk Score®.
Amenities
26
4/9 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
| School | Type | Distance |
|---|---|---|
| Nakusp Elementary | Elementary | 643 m |
| Nakusp Secondary | Secondary | 846 m |
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
Restaurants (3)
- Woodfire Pizza370 m
- Bella Soriah · Broadway Street W412 m
- Leland on the Lake Restaurant · 96 4th Avenue Southwest529 m
Cafes (1)
- Mountain Top Coffee · 109 Broadway Street W305 m
Grocery (1)
- Save-On-Foods604 m
Banks & ATMs (2)
- CIBC · 402 Broadway Street W396 m
- Kootenay Savings Credit Union · 502 Broadway Street W485 m
Nearby places data: © OpenStreetMap contributors.
School district: Arrow Lakes (SD10)
Similar Listings Nearby
No similar listings found nearby right now.
Mortgage & Ownership Cost Calculator
Minimum required: 7.1% ($60,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.