Property Type: Land / LotOwnership: Freehold

3108 1st Avenue

Castlegar, BC V1N2R3

$399,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.43 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$0

Interior

Fireplace
None

Listing Information

MLS®
10395317
Listed
July 21, 2026
Time on market
On the market for 41 days
Data last synced
August 28, 2026

Listing provided by: Mountain Town Properties Ltd. · Data source: CREA DDF.

Description

Build the home you've always imagined on this rare, near-waterfront lot in one of Castlegar's quietest and most private neighborhoods. Just steps from the water's edge, you'll enjoy the peaceful setting while being only a short walk to the park and just minutes from downtown, shopping, restaurants, schools, and the sports complex. City water, sewer, electricity, and natural gas are available at the lot line, making the building process that much easier. Bring your plans, choose your builder, and start creating your dream home. Very rare to have the opportunity to own a lot in a location like this. With water views, easy access to the shoreline, and everyday conveniences just minutes away. Don't miss your chance! (id:63159)

Location Insights

Weather

Mainly Clear

17°C

Mainly Clear

Humidity 66%

Wind NNW 4 km/h

Tonight

10°

Tuesday

27°

Tuesday night

13°

Wednesday

20°

Wednesday night

12°

Thursday

18°

Source: Environment and Climate Change Canada.

Population

8,338

(2021 Census)

+3.7% since 2016

Density: 419.6/km²

Dwellings: 3,702

Median household income: $81,000

After-tax: $73,000

Immigrant population: 8.6%

Top countries of origin (% of total population)

  • United Kingdom1.9% · 155
  • United States of America1.1% · 95
  • Portugal0.7% · 55
  • Italy0.5% · 40
  • India0.4% · 35
  • Jamaica0.4% · 30
  • Philippines0.4% · 30
  • Russian Federation0.3% · 25

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Kinnaird ElementaryElementary1.9 km
Stanley Humphries SecondarySecondary5.5 km
Twin Rivers ElementaryElementary5.5 km
Robson Community SchoolElementary8.1 km
J Lloyd Crowe SecondaryElementary19.2 km
Fruitvale ElementaryElementary19.2 km
Glenmerry ElementaryElementary19.4 km
St Michael's Elementary(Independent)Elementary19.5 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-Columbia (SD20)

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

Net mortgage (loan + CMHC insurance)$319,200.00
Periodic payment — Principal & Interest (monthly)$2,059.37
Additional monthly expenses (strata, tax, utilities, etc.)$0.00
Total monthly cost$2,059.37
Interest paid over 5-yr term$91,483.64
Balance at end of term$287,121.43

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$19,950
Stress test qualifying rate8.09%
Payment you must qualify for$2,914.76

Cash Needed at Closing

Minimum down payment$19,950
Estimated BC PTT$5,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$27,430

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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