240 Arrow Park Demars Road
Nakusp, BC V0G1R1
$849,999
Property Details
Property & Lot
- Sub-type
- House
- Stories
- 2
- Lot size
- 3.27 acres
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $2,074.06
Interior
- Basement
- Crawl space
- Heating
- Baseboard heaters, Stove, Electric, Wood, Hot Water
- Fireplace
- Yes (1)
- Fireplace type
- Free Standing Metal
- Flooring
- Laminate
Exterior & Lot
- View
- Lake view, Mountain view, Valley view, View of water, View (panoramic)
- Waterfront
- Waterfront on lake
Building
- Roof
- Metal, Unknown
Parking
- Total spaces
- 10 — uncovered indicated
- Features
- Surfaced
Restrictions & Policies
- Pets
- Allowed
As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Partial bathroom | Additional Accommodation | 6' x 5'0'' |
| Living room | Second level | 15'0'' x 18'8'' |
| Primary Bedroom | Second level | 15'0'' x 18'0'' |
| Foyer | Main level | 13'4'' x 10'0'' |
| Bedroom | Main level | 13'4'' x 12'0'' |
| Bedroom | Main level | 13'4'' x 12'0'' |
| Kitchen | Main level | 12'0'' x 27'0'' |
| 4pc Bathroom | Main level | 7'6'' x 9'0'' |
Listing Information
- MLS®
- 10374499
- Listed
- February 3, 2026
- Time on market
- On the market for 210 days
- Data last synced
- August 28, 2026
Listing provided by: PG Direct Realty · Data source: CREA DDF.
Description
Visit REALTOR website for additional information. Stunning Waterfront Retreat with Income Potential! Welcome to your own piece of paradise! Nestled on 3.27 acres with approximately 300 ft of waterfront on Arrow Lake, this home offers breathtaking views of the lake, Scalping knife Mountain, and surrounding landscape. The property is professionally landscaped, featuring beautiful trees, perennials, and shrubs that bloom year-round, creating a serene and inviting atmosphere. Located just 24 km south of Nakusp, and a short 5-minute ferry to the west side of the lake, this property combines convenience with tranquility. Additionally, there’s a second building site with water, septic, and power already in place, perfect for a guest cabin, or an Airbnb rental, enhancing the income potential. Whether you’re seeking a year-round residence or a peaceful vacation getaway, this home is a true gem. Plus, the area is designated as a Fire Smart Community, and ensuring safety and peace of mind. (id:63159)
Values & Trends
This listing
$486/sqft
Building average
—
No other active listings in this building
Nakusp Rural average
$448/sqft
31 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.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Burton Elementary | Elementary | 13.4 km |
| Nakusp Elementary | Elementary | 16.3 km |
| Nakusp Secondary | Secondary | 16.4 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: Arrow Lakes (SD10)
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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.