Property Type: Detached HouseOwnership: Freehold

2622 3 Highway

Erickson, BC V0B1G1

$499,900

3 bed2.5 bath8 parking1,266 sqftBuilt 1962
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
0.49 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$2,488

Interior

Basement
Partial
Heating
Forced air, See remarks
Fireplace
None

Exterior & Lot

Exterior features
Wood, Stucco

Building

Roof
Metal, Unknown

Parking

Total spaces
8 — covered indicated
Features
Detached Garage, Other, RV, See Remarks

Room Dimensions

RoomLevelDimensions
2pc BathroomMain level3'10'' x 5'9''
Laundry roomMain level5'6'' x 3'0''
BedroomMain level9'9'' x 9'4''
BedroomMain level13'4'' x 9'4''
4pc BathroomMain level10'0'' x 11'5''
Primary BedroomMain level9'8'' x 12'7''
Living roomMain level19'0'' x 17'0''
KitchenMain level15'3'' x 10'0''

Listing Information

MLS®
10395607
Listed
July 23, 2026
Time on market
On the market for 39 days
Data last synced
August 28, 2026

Listing provided by: Century 21 Assurance Realty Ltd · Data source: CREA DDF.

Description

Recently updated 3 bedroom, 2 bathroom home situated on a .49 of an acre of view property. Located in Erickson but within walking distance to downtown if you chose. We think you will appreciate the spacious layout to this home with everything you need, including laundry, all on the main floor. The lower level of the home is unfinished storage area and has an outside entry. There is plenty of room for you outside with a detached garage and workshop as well as a detached RV storage building and two separate driveways. Overlook the beautiful Creston Valley from your covered front deck in any season. A portion of the deck is screened in for a variety of uses. Updates include a newer forced air furnace, updated electrical, updated flooring, a modern kitchen, both bathrooms have been renovated and more. This home and property represents good value on the market, call your REALTOR for more information and an appointment to view for yourself! (id:63159)

Values & Trends

This listing

$395/sqft

Building average

No other active listings in this building

Erickson average

$441/sqft

4 active listing(s)

Parking: 8 stall(s) includedStorage locker: Not indicated

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

Nearest station: Creston

15°C

Humidity 67%

Wind NW calm km/h

Tonight

12°

Tuesday

28°

Tuesday night

14°

Wednesday

20°

Wednesday night

12°

Thursday

18°

Source: Environment and Climate Change Canada.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

11

2/9 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

SchoolTypeDistance
Kootenay River SecondarySecondary857 m
Adam Robertson ElementaryElementary1.7 km
Erickson ElementaryElementary1.9 km
Kootenay Valley Christian School(Independent)Elementary/Middle3.0 km
Canyon/Lister ElementaryElementary3.5 km
Yaqan Nukiy School(Independent)Elementary3.7 km
Mormon Hills Elementary Secondary(Independent)Elementary/Middle10.0 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.

Nearby Places

Restaurants (1)

  • Basasak · 1821 Canyon Street761 m

Parks (1)

  • Burns Park368 m

Nearby places data: © OpenStreetMap contributors.

School district: Kootenay Lake (SD8)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($24,995) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$399,920.00
Periodic payment — Principal & Interest (monthly)$2,580.15
Additional monthly expenses (strata, tax, utilities, etc.)$270.33
Total monthly cost$2,850.48
Interest paid over 5-yr term$114,618.22
Balance at end of term$359,729.33

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$24,995
Stress test qualifying rate8.09%
Payment you must qualify for$3,651.85

Cash Needed at Closing

Minimum down payment$24,995
Estimated BC PTT$7,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$34,493

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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