Property Type: Detached HouseOwnership: Freehold

408 Balfour Heights Road

Balfour, BC V0G1C0

$949,000

4 bed3 bath8 parking2,427 sqftBuilt 2005
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Property Details

Property & Lot

Sub-type
House
Stories
1
Lot size
0.41 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,838.44

Interior

Basement
Full
Heating
Heat Pump, Stove, Forced air, See remarks, Wood
Cooling / A/C
Central air conditioning
Fireplace
Yes (2)
Fireplace type
Free Standing Metal, Insert, Pellet, Stove
Flooring
Carpeted, Porcelain Tile

Exterior & Lot

Exterior features
Stucco
View
Lake view, Mountain view, Valley view, View of water, View (panoramic)

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
8 — covered indicated
Features
Attached Garage, RV, Oversize, See Remarks, Heated Garage

Room Dimensions

RoomLevelDimensions
OtherBasement24'10'' x 24'10''
Utility roomBasement15'0'' x 19'4''
3pc BathroomBasement8'10'' x 9'2''
Family roomBasement14'2'' x 28'5''
OtherBasement7'9'' x 13'8''
BedroomBasement10'0'' x 10'0''
BedroomBasement10'0'' x 10'7''
Laundry roomBasement10'0'' x 8'0''
4pc Ensuite bathMain level8'0'' x 8'11''
OtherMain level4'8'' x 8'1''
Primary BedroomMain level12'7'' x 13'6''
3pc BathroomMain level7'3'' x 7'5''
KitchenMain level12'0'' x 11'10''
Dining roomMain level9'11'' x 10'2''
Living roomMain level13'10'' x 15'6''
OtherMain level10'7'' x 13'9''
BedroomMain level9'9'' x 11'7''

Listing Information

MLS®
10396515
Listed
July 31, 2026
Time on market
On the market for 31 days
Data last synced
August 28, 2026

Listing provided by: Fair Realty (Nelson) · Data source: CREA DDF.

Description

Discover 408 Balfour Heights Road, one of the most meticulously maintained residences in the Kootenays — where sweeping views of Kootenay Lake and the surrounding mountains greet you from nearly every room. 4 Bedrooms, 3 Bathrooms on 0.41 acres of beautifully landscaped land. This home has been thoughtfully renovated from top to bottom, blending timeless craftsmanship with modern comfort. Soaring 9-foot ceilings and oversized picture windows invite natural light throughout, while recessed lighting adds a soft, refined ambiance to every space. The layout is both generous and purposeful — no square footage wasted, with abundant storage tucked seamlessly throughout. At the heart of the home, the chef-inspired kitchen with new countertops impresses with rich cabinetry and a full pantry, perfect for entertaining or quiet family evenings alike. Unwind in the inviting family room, step out to the lower patio for morning coffee, or retreat to the pristine garage — beneath which lies a rare and versatile basement space, ideal for a future income suite. Outdoors, the grounds are nothing short of picturesque: hand-laid natural stone retaining walls, manicured landscaping, and a private fire pit framed by mature trees and hedging, offering both serenity and seclusion. A sweeping paved driveway completes the property, providing ample space for family and guests. A rare offering of elegance, privacy, and panoramic beauty — this is Kootenay living at its finest. (id:63159)

Values & Trends

This listing

$391/sqft

Building average

No other active listings in this building

Kokanee Creek to Balfour average

$648/sqft

16 active listing(s)

Parking: 8 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: Nelson

16°C

Humidity 65%

Wind E 4 km/h

Tonight

10°

Tuesday

27°

Tuesday night

13°

Wednesday

20°

Wednesday night

12°

Thursday

18°

Source: Environment and Climate Change Canada.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

4

1/9 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
Redfish Elementary SchoolElementary5.8 km
Crawford Bay Elem-SecondaryK-1212.0 km
des Sentiers-alpinsElementary/Middle19.3 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.

Nearby Places

Restaurants (1)

  • Dock ‘n’ Duck726 m

Nearby places data: © OpenStreetMap contributors.

School district: Kootenay Lake (SD8)

Mortgage & Ownership Cost Calculator

Minimum required: 7.4% ($69,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$759,200.00
Periodic payment — Principal & Interest (monthly)$4,898.10
Additional monthly expenses (strata, tax, utilities, etc.)$524.20
Total monthly cost$5,422.30
Interest paid over 5-yr term$217,588.90
Balance at end of term$682,902.86

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$69,900
Stress test qualifying rate8.09%
Payment you must qualify for$6,759.97

Cash Needed at Closing

Minimum down payment$69,900
Estimated BC PTT$16,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$88,380

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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