Property Type: Detached HouseOwnership: Freehold

318 8th Avenue

New Denver, BC V0G1S1

$499,000

4 bed2 bath2 parking1,866 sqftBuilt 1901
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
0.32 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$2,303

Interior

Basement
Crawl space
Heating
See remarks
Fireplace
None

Exterior & Lot

View
Valley view

Building

Roof
Metal, Unknown

Parking

Total spaces
2 — covered indicated
Features
Detached Garage

Room Dimensions

RoomLevelDimensions
3pc BathroomSecond level
Primary BedroomSecond level10'5'' x 10'5''
BedroomSecond level10'5'' x 10'5''
BedroomSecond level8'10'' x 10'7''
BedroomSecond level8'3'' x 10'
Dining nookMain level10'4'' x 7'
Laundry roomMain level8'10'' x 7'4''
4pc BathroomMain level
KitchenMain level11'4'' x 15'10''
Dining roomMain level17' x 11'7''
Living roomMain level14' x 13'7''

Listing Information

MLS®
10394320
Listed
July 15, 2026
Time on market
On the market for 47 days
Data last synced
August 28, 2026

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

Description

Located on the north side of the Village of New Denver. 2 blocks from either the lake or main street. It is a level corner lot with a dimension of 125 feet by 110 feet (0.316 acres). It is composed of 3 titled lots. Village water and older maintained septic. The 2 storey house was built in 1901 and has 4 bedrooms and a bath upstairs. Main floor living space with an additional bathroom. Detached 1.5 car, electrified, garage/shop is heated insulated and separately serviced. Main floor is 1164 sqft and upstairs is 704 sqft. Partial basement. Older finishings. Shop/Garage is 26'x30' (id:63159)

Values & Trends

This listing

$267/sqft

Building average

No other active listings in this building

Village of New Denver average

$388/sqft

6 active listing(s)

Parking: 2 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

487

(2021 Census)

+3% since 2016

Density: 559.8/km²

Dwellings: 304

Median household income: $46,400

After-tax: $45,200

Immigrant population: 15.8%

Top countries of origin (% of total population)

  • Germany4.1% · 20
  • United States of America3.1% · 15
  • United Kingdom2.1% · 10

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

30

4/9 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-12292 m

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)

  • Apple tree283 m

Grocery (2)

  • Eldorado Market232 m
  • New Market Foods304 m

Parks (3)

  • Bigelow Bay Regional Park waterfront access444 m
  • Greer Park467 m
  • Centennial Park756 m

Banks & ATMs (1)

  • Kootenay Savings260 m

Nearby places data: © OpenStreetMap contributors.

School district: Arrow Lakes (SD10)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($24,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$399,200.00
Periodic payment — Principal & Interest (monthly)$2,575.50
Additional monthly expenses (strata, tax, utilities, etc.)$284.92
Total monthly cost$2,860.42
Interest paid over 5-yr term$114,411.87
Balance at end of term$359,081.69

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$24,950
Stress test qualifying rate8.09%
Payment you must qualify for$3,645.28

Cash Needed at Closing

Minimum down payment$24,950
Estimated BC PTT$7,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$34,430

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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