Property Type: Detached HouseOwnership: Freehold

406 RICHARD STREET

Williams Lake, BC V2G3L7

$279,000

2 bed1 bath1,924 sqftBuilt 1970
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
15,246 square feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$1,705.9 (2025)

Interior

Basement
Unfinished, Full
Heating
Baseboard heaters, Forced air, Natural gas
Fireplace
None

Exterior & Lot

Exterior features
Wood
View
Mountain view

Building

Foundation
Concrete Perimeter
Roof
Asphalt shingle, Conventional

Parking

Features
Open

Room Dimensions

RoomLevelDimensions
KitchenMain level
Dining roomMain level
Living roomMain level
Mud roomMain level
Primary BedroomMain level
Bedroom 2Main level

Listing Information

MLS®
R3061742
Listed
October 24, 2025
Time on market
On the market for 311 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Royal LePage Interior Properties · Data source: CREA DDF.

Description

AFFORDABLE-GREAT BEGINNING! Home featuring spacious living room, dining room, 2 bedrooms, mud room, 4 pc bath, full basement laundry room, unfinished basement. Home needs updating. Sundeck. Located minutes from town, large lot. (id:63159)

Values & Trends

This listing

$145/sqft

Building average

No other active listings in this building

Williams Lake average

$306/sqft

93 active listing(s)

Parking: Not indicatedStorage 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

Mostly Cloudy

15°C

Mostly Cloudy

Humidity 69%

Wind SE 11 km/h

Tonight

10°

Tuesday

23°

Tuesday night

13°

Wednesday

23°

Wednesday night

12°

Thursday

19°

Source: Environment and Climate Change Canada.

Population

10,947

(2021 Census)

+1.8% since 2016

Density: 330.5/km²

Dwellings: 5,066

Median household income: $76,500

After-tax: $69,000

Immigrant population: 8.9%

Top countries of origin (% of total population)

  • India2.1% · 235
  • United States of America1.1% · 125
  • United Kingdom1% · 110
  • Philippines0.8% · 85
  • South Africa, Republic of0.4% · 45
  • Germany0.4% · 40
  • Korea, South0.3% · 35
  • Netherlands0.2% · 25

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Mountview ElementaryElementary960 m
Cariboo Adventist Academy(Independent)K-121.9 km
Chilcotin Road ElementaryElementary2.8 km
Maranatha Christian School(Independent)Elementary/Middle2.9 km
Skyline Alternate SchoolSecondary3.5 km
Marie Sharpe ElementaryElementary3.6 km
Lake City SecondaryElementary3.7 km
Sacred Heart Catholic School(Independent)Elementary3.8 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: Cariboo-Chilcotin (SD27)

Similar Listings Nearby

Similar active properties nearby based on property type, price, and size.

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($13,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$223,200.00
Periodic payment — Principal & Interest (monthly)$1,440.01
Additional monthly expenses (strata, tax, utilities, etc.)$238.16
Total monthly cost$1,678.17
Interest paid over 5-yr term$63,969.76
Balance at end of term$200,769.12

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$13,950
Stress test qualifying rate8.09%
Payment you must qualify for$2,038.14

Cash Needed at Closing

Minimum down payment$13,950
Estimated BC PTT$3,580
Legal / closing costs (typical estimate)$1,500
Total cash needed$19,030

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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