Property Type: Detached HouseOwnership: Freehold

306 & 310 Lake Avenue

Silverton, BC V0G1S0

$600,000

2 bed2.5 bath13 parking994 sqftBuilt 1950
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
0.36 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$3,327.39

Interior

Basement
Crawl space
Heating
Baseboard heaters, Stove, Electric, Wood
Fireplace
Yes (1)
Fireplace type
Free Standing Metal
Flooring
Carpeted, Linoleum, Wood

Exterior & Lot

Exterior features
Wood
View
Mountain view, Valley view, View (panoramic)

Building

Roof
Metal, Unknown

Parking

Total spaces
13 — uncovered indicated
Features
RV

Restrictions & Policies

Pets
Allowed

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Room Dimensions

RoomLevelDimensions
OtherSecond level9'0'' x 8'0''
3pc BathroomSecond level11'11'' x 10'7''
BedroomSecond level13'4'' x 9'0''
Primary BedroomSecond level11'6'' x 15'5''
2pc BathroomMain level4'9'' x 5'5''
Laundry roomMain level5'5'' x 9'1''
Living roomMain level15'2'' x 12'0''
KitchenMain level9'0'' x 21'1''

Listing Information

MLS®
10363254
Listed
September 17, 2025
Time on market
On the market for 348 days
Data last synced
August 28, 2026

Listing provided by: PG Direct Realty Ltd. · Data source: CREA DDF.

Description

Visit REALTOR website for additional information. Incredible Opportunity in Silverton! Just 3 blocks from stunning Slocan Lake, this unique property spans two large lots on Lake Avenue and offers endless potential for business, rental income, or both. The highlight? A 6-bay storage unit, with each bay featuring individual locks and doors—perfect for generating income through storage rentals. The massive 40x40 garage is ideal for a mechanic’s workshop, tool/equipment rental hub, or other small business ventures that Silverton is currently missing. The two-level home is currently under renovation and could serve as a primary residence, long-term rental, or staff accommodation while you build your business. Out back, enjoy a private yard. Creativity could produce a fantastic live/work setup or high-yield rental investment! Awesome investment package! (id:63159)

Values & Trends

This listing

$604/sqft

Building average

No other active listings in this building

Village of Silverton average

$441/sqft

4 active listing(s)

Parking: 13 stall(s) includedStorage 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

Nearest station: Nakusp

12°C

Humidity 94%

Wind ENE 4 km/h

Tonight

Tuesday

24°

Tuesday night

15°

Wednesday

20°

Wednesday night

12°

Thursday

16°

Source: Environment and Climate Change Canada.

Population

149

(2021 Census)

-23.6% since 2016

Density: 425.7/km²

Dwellings: 128

Immigrant population: 25.8%

Top countries of origin (% of total population)

  • Germany10.1% · 15
  • United States of America6.7% · 10
  • United Kingdom6.7% · 10

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

19

2/9 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
Lucerne Elem-SecondaryK-124.7 km
W.E. Graham Community SchoolElementary/Middle22.4 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

Cafes (1)

  • Camp Café · 206 Lake Avenue89 m

Parks (2)

  • Dewis Park296 m
  • The Slip Day Park302 m

Nearby places data: © OpenStreetMap contributors.

School district: Arrow Lakes (SD10)

Mortgage & Ownership Cost Calculator

Minimum required: 5.8% ($35,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$480,000.00
Periodic payment — Principal & Interest (monthly)$3,096.80
Additional monthly expenses (strata, tax, utilities, etc.)$327.28
Total monthly cost$3,424.08
Interest paid over 5-yr term$137,569.38
Balance at end of term$431,761.55

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$35,000
Stress test qualifying rate8.09%
Payment you must qualify for$4,344.65

Cash Needed at Closing

Minimum down payment$35,000
Estimated BC PTT$10,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$46,500

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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