Property Type: OtherOwnership: Freehold

2737 ERICKSON Road

Erickson, BC V0B1G1

$395,000

2 bed1 bath2,080 sqftBuilt 1955
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Property Details

Property & Lot

Sub-type
Other
Stories
1
Lot size
5 acres

Ownership & Fees

Property type
Other
Ownership
Freehold
Annual property tax
$1,085.47

Interior

Basement
Full
Heating
No heat
Fireplace
None

Building

Roof
Asphalt shingle, Unknown

Parking

Features
Additional Parking

Room Dimensions

RoomLevelDimensions
Laundry roomMain level7'8'' x 10'6''
4pc BathroomMain level
Primary BedroomMain level12'4'' x 12'0''
BedroomMain level9'10'' x 11'0''
PantryMain level3'3'' x 6'3''
KitchenMain level11'4'' x 11'3''
Living roomMain level14'10'' x 16'0''

Listing Information

MLS®
10396864
Listed
August 11, 2026
Time on market
On the market for 20 days
Data last synced
August 28, 2026

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

Description

This property represents one of six cherry orchard parcels being offered in the Erickson area. Buyers have the flexibility to purchase this parcel independently or acquire it together with some or all of the remaining five properties as a combined portfolio. 5-acres, mostly as an established cherry orchard with a residence in need of work. It's well suited for a buyer looking to acquire orchard acreage at an accessible price point and add value over time. The parcel is planted in cherry trees, providing an existing production base in the Erickson growing area. The home offers 1,040 ft on the main floor with an unfinished basement, presenting an opportunity for a hands-on buyer to renovate and finish to their own standard while operating the orchard. Property is offered on an ""as is, where is"" basis. Buyers are advised to conduct their own independent verification of all acreage, square footage, building dimensions, and other information contained herein. (id:63159)

Values & Trends

This listing

$190/sqft

Building average

No other active listings in this building

Erickson average

$538/sqft

10 active listing(s)

Parking: Not indicatedStorage 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

17°C

Humidity 57%

Wind NW 10 km/h

Tonight

12°

Tuesday

28°

Tuesday night

14°

Wednesday

20°

Wednesday night

12°

Thursday

18°

Source: Environment and Climate Change Canada.

Nearby Schools

SchoolTypeDistance
Kootenay River SecondarySecondary1.3 km
Erickson ElementaryElementary1.7 km
Adam Robertson ElementaryElementary2.4 km
Canyon/Lister ElementaryElementary2.9 km
Yaqan Nukiy School(Independent)Elementary3.1 km
Kootenay Valley Christian School(Independent)Elementary/Middle3.7 km
Mormon Hills Elementary Secondary(Independent)Elementary/Middle9.1 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)

Similar Listings Nearby

Similar active properties nearby based on property type, price, and size.

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($19,750) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$316,000.00
Periodic payment — Principal & Interest (monthly)$2,038.72
Additional monthly expenses (strata, tax, utilities, etc.)$194.46
Total monthly cost$2,233.18
Interest paid over 5-yr term$90,566.51
Balance at end of term$284,243.02

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$19,750
Stress test qualifying rate8.09%
Payment you must qualify for$2,885.54

Cash Needed at Closing

Minimum down payment$19,750
Estimated BC PTT$5,900
Legal / closing costs (typical estimate)$1,500
Total cash needed$27,150

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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