Property Type: Detached HouseOwnership: Freehold

283 2nd Avenue

Trail, BC V1R4V3

$219,000

2 bed1 bath1,180 sqftBuilt 1980
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Property Details

Property & Lot

Sub-type
House
Stories
1
Lot size
0.11 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$2,129

Interior

Heating
Baseboard heaters
Fireplace
None

Exterior & Lot

Waterfront
Waterfront on river

Room Dimensions

RoomLevelDimensions
Laundry roomMain level7'5'' x 8'7''
Full bathroomMain level
BedroomMain level11'11'' x 8'1''
Primary BedroomMain level11'7'' x 9'5''
Family roomMain level15' x 11'11''
Living roomMain level15'8'' x 13'3''
KitchenMain level17'1'' x 15'5''

Listing Information

MLS®
10396431
Listed
July 30, 2026
Time on market
On the market for 32 days
Data last synced
August 28, 2026

Listing provided by: RE/MAX All Pro Realty · Data source: CREA DDF.

Description

Columbia River Waterfront! Rarely does an opportunity like this come available in Rivervale. Owned by the same family for more than 30 years, this unique property is ready for its next chapter and offers incredible potential for the right buyer. The existing home features a functional two bedroom, one bathroom layout, providing the perfect starting point for a renovation or a fresh vision. Positioned below street level, the property naturally lends itself to exploring a future addition above the existing home, creating the opportunity to enhance both the living space and the spectacular river views. Stairs lead directly to the water's edge, offering easy access to the Columbia River, though they will require attention. Renovations are needed both inside and out, but opportunities like this are becoming increasingly difficult to find. Whether you choose to refresh the home in its current form or transform it into something truly exceptional, the waterfront setting is one you'll never be able to recreate. (id:63159)

Values & Trends

This listing

$186/sqft

Building average

No other active listings in this building

Trail Rural average

$289/sqft

3 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

18°C

Humidity 50%

Wind NNW 2 km/h

Tonight

10°

Tuesday

27°

Tuesday night

13°

Wednesday

20°

Wednesday night

12°

Thursday

18°

Source: Environment and Climate Change Canada.

Population

7,920

(2021 Census)

+2.7% since 2016

Density: 226.9/km²

Dwellings: 3,973

Median household income: $68,000

After-tax: $61,600

Immigrant population: 9.2%

Top countries of origin (% of total population)

  • United Kingdom1.8% · 145
  • United States of America1.2% · 95
  • Italy1.2% · 95
  • India0.8% · 60
  • Philippines0.6% · 50
  • Germany0.5% · 40
  • China0.4% · 30
  • Hungary0.2% · 15

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
James L Webster ElementaryElementary3.1 km
St Michael's Elementary(Independent)Elementary3.6 km
J Lloyd Crowe SecondaryElementary3.6 km
Kootenay Columbia SecondarySecondary4.3 km
Glenmerry ElementaryElementary6.1 km
Rossland Summit SchoolElementary/Middle6.5 km
des Sept-sommetsElementary/Middle6.5 km
Fruitvale ElementaryElementary14.1 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-Columbia (SD20)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($10,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$175,200.00
Periodic payment — Principal & Interest (monthly)$1,130.33
Additional monthly expenses (strata, tax, utilities, etc.)$236.42
Total monthly cost$1,366.75
Interest paid over 5-yr term$50,212.82
Balance at end of term$157,592.97

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$10,950
Stress test qualifying rate8.09%
Payment you must qualify for$1,599.83

Cash Needed at Closing

Minimum down payment$10,950
Estimated BC PTT$2,380
Legal / closing costs (typical estimate)$1,500
Total cash needed$14,830

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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