Property Type: Land / LotOwnership: Freehold

283 Kootenay Lake Road

Procter, BC V1L0B6

$319,000

Get Directions

Property Details

Property & Lot

Sub-type
Other
Lot size
0.26 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Strata / maintenance fee
$160/mo
Annual property tax
$1,638.13

Interior

Fireplace
None

Exterior & Lot

View
Lake view, Mountain view

Listing Information

MLS®
10386275
Listed
May 8, 2026
Time on market
On the market for 115 days
Data last synced
August 28, 2026

Listing provided by: Fair Realty (Nelson) · Data source: CREA DDF.

Description

Build your very own waterfront home on this prime lot with 113 feet of pristine lake frontage on Kootenay Lake. Nestled in a tranquil setting surrounded by lush forest and sparkling waters, this ready-to-build lot offers direct lake access and breathtaking views, including sunrises and sunsets over the lake, snow-capped Loki Peak and even glimpses of the world’s longest free ferry. This location is a paradise for outdoor enthusiasts. Step out your front door to explore epic road biking routes, mountain biking and hiking trails with jaw-dropping lookouts and endless hours of fun on the water with paddleboarding, kayaking, fishing and boating. Just 45 minutes away, the beautiful town of Nelson which offers incredible amenities with world class restaurants and shops. The surrounding area includes various golf courses, heli-skiing, cat-skiing, resort skiing and so much more. With a landscaped fire pit, easy access to utilities and a gentle slope perfect for a custom home design, this property is the perfect foundation for your lakeside retreat. Don’t miss this rare chance to create your own slice of paradise on Kootenay Lake. Reach out to your agent today for more details and to schedule a viewing! (id:63159)

Location Insights

Weather

Nearest station: Nelson

13°C

Humidity 80%

Wind ESE 4 km/h

Tonight

10°

Tuesday

27°

Tuesday night

13°

Wednesday

20°

Wednesday night

12°

Thursday

18°

Source: Environment and Climate Change Canada.

Nearby Schools

SchoolTypeDistance
Redfish Elementary SchoolElementary8.3 km
Crawford Bay Elem-SecondaryK-129.9 km
des Sentiers-alpinsElementary/Middle21.7 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)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($15,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$255,200.00
Periodic payment — Principal & Interest (monthly)$1,646.46
Additional monthly expenses (strata, tax, utilities, etc.)$296.51
Total monthly cost$1,942.97
Interest paid over 5-yr term$73,141.05
Balance at end of term$229,553.23

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$15,950
Stress test qualifying rate8.09%
Payment you must qualify for$2,330.35

Cash Needed at Closing

Minimum down payment$15,950
Estimated BC PTT$4,380
Legal / closing costs (typical estimate)$1,500
Total cash needed$21,830

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.

Request more information