Property Type: Land / LotOwnership: Freehold

290 Laguna Crescent

Twin Bays, BC V0B1A1

$175,000

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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
$663

Interior

Fireplace
None

Exterior & Lot

View
Lake view, Mountain view

Listing Information

MLS®
10394921
Listed
July 16, 2026
Time on market
On the market for 46 days
Data last synced
August 28, 2026

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

Description

AFFORDABLE ACCESS TO KOOTENAY LAKE! Get into the Kootenay Lake market with this level, affordable .14 of an acre lot with a lake view. Situated in Laguna Crescent at Twin Bays, this building lot is less than 30 minutes from Creston and offers community water and sewer that is all registered and compliant with Interior Health. There is power already to the site - with a breaker panel, 2 RV electrical outlets and 1 regular electrical outlet already in place on the custom built shed. A water hydrant has also been installed on the property. Enjoy the sandy beach at Twin Bays anytime you want, day or night, it is just a few steps away! Access the boat launch to head out on Kootenay Lake to go fishing, water skiing or swimming. The building scheme for this low fee strata development lends itself to frame-built homes however brand new Z240 manufactured housing with permission granted by the RDCK Building Inspector may be allowed as well. With no timeline with which to build, buy now and plan for your future or alternatively jump right in and commit to Kootenay Lake Living. Twin Bays is just a short commute to Kokanee Springs Golf Course, the Artisan Community of Crawford Bay, Kootenay Lake Ferry and so many other desirable amenities. Contact your REALTOR for all the details, life at the lake is a dream just waiting to become reality! (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% ($8,750) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$140,000.00
Periodic payment — Principal & Interest (monthly)$903.23
Additional monthly expenses (strata, tax, utilities, etc.)$195.25
Total monthly cost$1,098.48
Interest paid over 5-yr term$40,124.40
Balance at end of term$125,930.45

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$8,750
Stress test qualifying rate8.09%
Payment you must qualify for$1,278.40

Cash Needed at Closing

Minimum down payment$8,750
Estimated BC PTT$1,750
Legal / closing costs (typical estimate)$1,500
Total cash needed$12,000

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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