Property Type: Land / LotOwnership: Freehold

362 MEADOW CREEK Road

Meadow Creek, BC V0G1N0

$185,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
1.25 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$619.27

Interior

Fireplace
None

Listing Information

MLS®
10382571
Listed
April 9, 2026
Time on market
On the market for 144 days
Data last synced
August 28, 2026

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

Description

This 1.25-acre parcel in the peaceful community of Meadow Creek presents an excellent opportunity to build your dream home. Tucked away on a quiet road, the property offers a perfect balance of privacy and accessibility. With key services already in place, including septic, power, and a well, you can move forward with your plans with ease and confidence. (id:63159)

Location Insights

Weather

Nearest station: Nelson

16°C

Humidity 68%

Wind NE 2 km/h

Tonight

10°

Tuesday

27°

Tuesday night

13°

Wednesday

20°

Wednesday night

12°

Thursday

18°

Source: Environment and Climate Change Canada.

Nearby Schools

SchoolTypeDistance
Jewett ElementaryElementary1.3 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)

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Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($9,250) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$148,000.00
Periodic payment — Principal & Interest (monthly)$954.85
Additional monthly expenses (strata, tax, utilities, etc.)$51.61
Total monthly cost$1,006.45
Interest paid over 5-yr term$42,417.23
Balance at end of term$133,126.48

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$9,250
Stress test qualifying rate8.09%
Payment you must qualify for$1,351.46

Cash Needed at Closing

Minimum down payment$9,250
Estimated BC PTT$1,850
Legal / closing costs (typical estimate)$1,500
Total cash needed$12,600

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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