Property Type: Land / LotOwnership: Freehold

3052 Nancy Greene Highway

Rossland, BC V0G1Y0

$4,900,000

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Property Details

Property & Lot

Sub-type
Other

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$17,716

Interior

Fireplace
None

Listing Information

MLS®
10378046
Listed
March 10, 2026
Time on market
On the market for 174 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Kelowna · Data source: CREA DDF.

Description

Available for sale is the Rock Cut Development Lands - located at 3052 Nancy Greene Highway (Highway 3B) in Rossland, BC, and representing a premier development opportunity between the iconic RED Mountain Resort (2 mins) and Downtown Rossland (5 mins). Comprising a total of 6.53 acres across two parcels, the Site is efficiently positioned along Highway 3B, featuring an existing access point from Site A (see brochure), with a legal secondary access point also benefiting Site B. Site A is currently improved with The Rock Cut Pub, generating attractive net holding income of +$61,590 for the benefit of a developer. In addition to the existing commercial zoning on the ~0.72-acres of pub lands, the Site offers flexible residential zoning entitlements, including up to +53 townhomes or +106 apartment/hotel units (<50 sqm), and rare commercial short-term rental zoning. RED Mountain has recently repositioned itself with an ambitious expansion plan, both to expand the resort’s recreation and amenity offerings, as well as significant residential development, with multiple new condominium projects demanding pricing in excess of +$1,000 PSF for 1-bedroom units. RED Mountain is located in the West Kootenay region of the BC Interior, representing one of Canada’s top four-season recreational tourism destinations, attracting visitors and investors from all over North America. Prospective purchasers should download the brochure at the link below for more information. (id:63159)

Location Insights

Weather

Nearest station: Trail

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

4,140

(2021 Census)

+11% since 2016

Density: 69.3/km²

Dwellings: 2,075

Median household income: $96,000

After-tax: $85,000

Immigrant population: 11.7%

Top countries of origin (% of total population)

  • United Kingdom3.4% · 140
  • United States of America1.7% · 70
  • Germany1.3% · 55
  • South Africa, Republic of0.7% · 30
  • Poland0.2% · 10

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

78

7/9 categories nearby

Transit

Not enough data yet

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Rossland Summit SchoolElementary/Middle274 m
des Sept-sommetsElementary/Middle290 m
James L Webster ElementaryElementary4.5 km
St Michael's Elementary(Independent)Elementary7.6 km
J Lloyd Crowe SecondaryElementary7.9 km
Kootenay Columbia SecondarySecondary8.0 km
Glenmerry ElementaryElementary10.3 km
Fruitvale ElementaryElementary18.9 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.

Nearby Places

Restaurants (5+)

  • Idgie's Restaurant · 1999 2nd Avenue113 m
  • B&T's Hard Knock Cafe122 m
  • Ying Cafe · 2032 Columbia Avenue129 m
  • Aka Dake Sushi · 2116 Columbia Avenue201 m
  • Gabriella's Restaurant · 1919 Columbia Avenue223 m

Cafes (2)

  • Seven Summits Coffee132 m
  • Alpine Grind190 m

Grocery (1)

  • Ferarro Foods · 2029 Columbia Avenue184 m

Parks (4)

  • Pioneer Park174 m
  • Wading Pool Park275 m
  • Nickleplate Park382 m
  • Jubilee Park455 m

Gyms (1)

  • Elevate Athletics · 2086 Washington Street41 m

Pharmacies (1)

  • People's Drug Mart · 2060 Columbia Avenue136 m

Banks & ATMs (1)

  • Nelson & District Credit Union · 2071 Columbia Avenue199 m

Nearby places data: © OpenStreetMap contributors.

School district: Kootenay-Columbia (SD20)

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($980,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$3,920,000.00
Periodic payment — Principal & Interest (monthly)$25,290.51
Additional monthly expenses (strata, tax, utilities, etc.)$1,476.33
Total monthly cost$26,766.84
Interest paid over 5-yr term$1,123,483.27
Balance at end of term$3,526,052.68

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$980,000
Stress test qualifying rate8.09%
Payment you must qualify for$30,143.43

Cash Needed at Closing

Minimum down payment$980,000
Estimated BC PTT$163,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$1,144,500

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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