3116 3 Highway
Erickson, BC V0B1G1
$699,000
Property Details
Property & Lot
- Sub-type
- House
- Stories
- 2
- Lot size
- 0.51 acres
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $7,627.35
Interior
- Heating
- See remarks
- Cooling / A/C
- Wall unit
- Fireplace
- None
- Flooring
- Laminate, Carpeted, Ceramic Tile, Mixed Flooring
Parking
- Total spaces
- 12 — covered indicated
- Features
- Attached Garage, Carport, Additional Parking
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Other | Second level | 6'5'' x 16' |
| Other | Secondary Dwelling Unit | 19'2'' x 39'6'' |
| Wine Cellar | Main level | 11'10'' x 18'11'' |
| Other | Secondary Dwelling Unit | 18'6'' x 12'4'' |
| Other | Secondary Dwelling Unit | 18'4'' x 19'11'' |
| Full bathroom | Basement | — |
| Hobby room | Basement | 10'11'' x 9'11'' |
| Den | Basement | 10'10'' x 9'2'' |
| Recreation room | Basement | 17'9'' x 23' |
| Full bathroom | Main level | 9'9'' x 9'4'' |
| Primary Bedroom | Main level | 13' x 11'6'' |
| Bedroom | Main level | 14'2'' x 7'5'' |
| Kitchen | Main level | 10'9'' x 10' |
| Dining room | Main level | 9'6'' x 14'11'' |
| Bedroom | Main level | 13'6'' x 10'1'' |
| Living room | Main level | 19'2'' x 25'2'' |
Listing Information
- MLS®
- 10379731
- Listed
- March 20, 2026
- Time on market
- On the market for 164 days
- Data last synced
- August 28, 2026
Listing provided by: Stonehaus Realty Corp. · Data source: CREA DDF.
Description
3 bedroom, 2 bathroom home on 0.51 acre PLUS commercial building with option to purchase existing business – a true turn-key live/work opportunity. The residential home has seen significant renovations in 2025, offering a fresh, move-in ready space. The main floor features 3 bedrooms, a spacious living room with vaulted ceilings, functional kitchen, dining area, and a sunny deck overlooking a private yard. The lower level adds flexibility with a full bathroom, rec room, den, and dedicated hobby room—ideal for a home office, gym, or creative space. Major updates include furnace, hot water tank, and roof. The 2,730 sq ft C-2 zoned commercial building offers excellent exposure on Highway 3 and is set up for a variety of uses, featuring open layout, kitchen/prep area, large cooler, guest washroom, upgraded 200-amp service, and attached garage with overhead door. Ample paved parking for customers or clients. (id:63159)
Values & Trends
This listing
$451/sqft
Building average
—
No other active listings in this building
Erickson average
$427/sqft
4 active listing(s)
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: Creston
15°C
—
Humidity 67%
Wind NW calm km/h
Tonight
12°
Tuesday
28°
Tuesday night
14°
Wednesday
20°
Wednesday night
12°
Thursday
18°
Source: Environment and Climate Change Canada.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Erickson Elementary | Elementary | 991 m |
| Kootenay River Secondary | Secondary | 1.9 km |
| Canyon/Lister Elementary | Elementary | 2.6 km |
| Adam Robertson Elementary | Elementary | 2.7 km |
| Kootenay Valley Christian School(Independent) | Elementary/Middle | 4.0 km |
| Yaqan Nukiy School(Independent) | Elementary | 4.2 km |
| Mormon Hills Elementary Secondary(Independent) | Elementary/Middle | 9.5 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 Lake (SD8)
Similar Listings Nearby
Similar active properties nearby based on property type, price, and size.
Explore More Homes
Mortgage & Ownership Cost Calculator
Minimum required: 6.4% ($44,900) — 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.