Property Type: Land / LotOwnership: Freehold

280 Laguna Crescent

Twin Bays, BC V0B1A1

$170,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.14 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Strata / maintenance fee
$140/mo
Annual property tax
$603

Interior

Fireplace
None

Exterior & Lot

View
Lake view, Mountain view

Listing Information

MLS®
10379527
Listed
March 17, 2026
Time on market
On the market for 167 days
Data last synced
August 28, 2026

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

Description

KOOTENAY LAKE LIVING! Whether year-round or seasonal, check out this 0.14-acre lot in Twin Bays Village. With water and septic already connected and power to the lot, this flat property is ready to go. Laguna Crescent is a bare land strata at stunning Kootenay Lake, with the beach just a short stroll away and the boat launch only minutes from your door. A building scheme is in place for the style of home allowed, and once your home is built, you can store your RV on-site (though RVs can’t remain on vacant lots). Just 30 minutes from Creston, this is an affordable way to enjoy all the perks of lakeside living. Contact your REALTOR for more details on becoming part of Twin Bays Village at Kootenay Lake. (id:63159)

Location Insights

Weather

Nearest station: Creston

17°C

Humidity 62%

Wind NNW 7 km/h

Tonight

12°

Tuesday

28°

Tuesday night

14°

Wednesday

20°

Wednesday night

12°

Thursday

18°

Source: Environment and Climate Change Canada.

Nearby Schools

No schools found within a reasonable distance of this property.

Nearby Transit

No TransLink stops within an ~10-minute walk.

School district: Kootenay Lake (SD8)

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Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($8,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$136,000.00
Periodic payment — Principal & Interest (monthly)$877.43
Additional monthly expenses (strata, tax, utilities, etc.)$190.25
Total monthly cost$1,067.68
Interest paid over 5-yr term$38,977.99
Balance at end of term$122,332.44

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$8,500
Stress test qualifying rate8.09%
Payment you must qualify for$1,241.88

Cash Needed at Closing

Minimum down payment$8,500
Estimated BC PTT$1,700
Legal / closing costs (typical estimate)$1,500
Total cash needed$11,700

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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