2835 SILVER KING Road
Nelson, BC V1L7A5
$399,000
Property Details
Property & Lot
- Sub-type
- Other
- Lot size
- 4.9 acres
Ownership & Fees
- Property type
- Land / Lot
- Annual property tax
- $0
Interior
- Fireplace
- None
Exterior & Lot
- Waterfront
- Waterfront on creek
Listing Information
- MLS®
- 10372249
- Listed
- January 8, 2026
- Time on market
- On the market for 235 days
- Data last synced
- August 28, 2026
Listing provided by: Royal LePage Rosling Realty · Data source: CREA DDF.
Description
Development property. So many options for this 4.9 acre parcel just outside of the City limits. This newly created lot is from the approved subdivision (PLR) on file. There is an opportunity to create a 3 lot subdivision or take advantage of the no zoning for multiple home sites or creation of a tiny home village. The property presently offers multiple building sites and was septic tested for the creation of 3 strata lots. The close proximity to town and to mountain bike trails and outdoor activities is a bonus. The property could also be suitable for commercial ventures wanting to put a large shop up with easy access to town. Non-registered Subdivision Lot. (id:63159)
Location Insights
Weather
16°C
—
Humidity 65%
Wind E 4 km/h
Tonight
10°
Tuesday
27°
Tuesday night
13°
Wednesday
20°
Wednesday night
12°
Thursday
18°
Source: Environment and Climate Change Canada.
Population
11,106
(2021 Census)
+5.1% since 2016
Density: 930.9/km²
Dwellings: 5,314
Median household income: $72,500
After-tax: $65,500
Immigrant population: 15.1%
Top countries of origin (% of total population)
- United States of America3.5% · 390
- United Kingdom3.3% · 365
- Philippines0.8% · 85
- Germany0.6% · 65
- Italy0.6% · 65
- India0.5% · 55
- Netherlands0.4% · 40
- South Africa, Republic of0.3% · 35
Source: Statistics Canada, 2021 Census of Population.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Rosemont Elementary School | Elementary | 1.4 km |
| Trafalgar Middle School | Middle | 2.1 km |
| Wildflower | Elementary/Middle | 2.2 km |
| Reach | Secondary | 2.2 km |
| St Joseph School(Independent) | Elementary/Middle | 2.2 km |
| South Nelson Elementary | Elementary | 2.2 km |
| Hume Elementary School | Elementary | 3.6 km |
| L V Rogers Secondary | Secondary | 3.8 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)
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Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($19,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.