Property Type: Land / LotOwnership: Freehold

375 5TH AVENUE

Burns Lake, BC V0J1E0

$89,500

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Property Details

Property & Lot

Lot size
0.93 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$1,258.6 (2026)

Interior

Fireplace
None

Exterior & Lot

View
Lake view

Listing Information

MLS®
R3157216
Listed
August 19, 2026
Time on market
On the market for 12 days
Tax assessment year
2026
Data last synced
August 28, 2026

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

Description

Calling all investors and entrepreneurs! You do not want to miss out on this rare opportunity. This property is just under 1 acre, centrally located, cleared and ready to go. It is zoned R6 which is designated for high-density multiple family dwellings. The current owner has done all the foot work and already has the plans for three 4 plex units, or simply brings your own ideas and bring your vision to life. Burns Lake needs more housing, and this could be the opportunity you have been looking for! (id:63159)

Location Insights

Weather

10°C

Humidity 96%

Wind ENE calm km/h

Tonight

Tuesday

16°

Tuesday night

Wednesday

18°

Wednesday night

10°

Thursday

21°

Source: Environment and Climate Change Canada.

Population

1,659

(2021 Census)

-6.7% since 2016

Density: 253.7/km²

Dwellings: 765

Median household income: $75,500

After-tax: $67,500

Immigrant population: 8.4%

Top countries of origin (% of total population)

  • India1.5% · 25
  • United States of America0.9% · 15
  • United Kingdom0.6% · 10
  • Viet Nam0.6% · 10

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

22

5/9 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
William Konkin ElementaryElementary463 m
Lakes Learning CentreSecondary732 m
Lakes District SecondarySecondary1.1 km
Decker Lake ElementaryElementary7.6 km
Francois Lake ElementaryElementary20.1 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

Restaurants (1)

  • Dragon Palace · 328 Yellowhead Highway697 m

Cafes (1)

  • Boer Mountain Coffee House · 353 Yellowhead Highway768 m

Parks (3)

  • Bergen Park261 m
  • Evaneshen Nature Trail · Centre Street291 m
  • 7th Avenue Green Space · 7th Avenue374 m

Shopping (1)

  • Red Apple · 354 Yellowhead Highway716 m

Banks & ATMs (2)

  • RBC · 354 Yellowhead Highway738 m
  • CIBC · 233 Balmoral Plaza749 m

Nearby places data: © OpenStreetMap contributors.

School district: Nechako Lakes (SD91)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($4,475) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$71,600.00
Periodic payment — Principal & Interest (monthly)$461.94
Additional monthly expenses (strata, tax, utilities, etc.)$104.88
Total monthly cost$566.82
Interest paid over 5-yr term$20,520.77
Balance at end of term$64,404.43

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$4,475
Stress test qualifying rate8.09%
Payment you must qualify for$653.81

Cash Needed at Closing

Minimum down payment$4,475
Estimated BC PTT$895
Legal / closing costs (typical estimate)$1,500
Total cash needed$6,870

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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