Property Type: Land / LotOwnership: Freehold

421 MOUNTAIN VIEW Drive

Balfour, BC V1L0A7

$289,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
4.87 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Strata / maintenance fee
$33/mo
Annual property tax
$1,040.97

Interior

Fireplace
None

Listing Information

MLS®
10377898
Listed
March 5, 2026
Time on market
On the market for 179 days
Data last synced
August 28, 2026

Listing provided by: eXp Realty · Data source: CREA DDF.

Description

Welcome to 421 Mountain View Dr, one of the largest lots in the Grandview subdivision. This 4.8 acre lot is only 24 min from Nelson. This property offers multiple options for build sites with road access, ready for development. The views are absolutely breathtaking, overlooking both directions of Kootenay lake. The setting is quiet, peaceful and private. The south-facing slopes are the ideal orientation for morning and evening sun exposure. Power, gas, water, and sewer are ready for hookup. This dream lot is a blank canvas primed for your creation! (id:63159)

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.

Nearby Schools

SchoolTypeDistance
Redfish Elementary SchoolElementary2.7 km
Crawford Bay Elem-SecondaryK-1214.9 km
des Sentiers-alpinsElementary/Middle16.2 km
Nelson Christian Community School(Independent)Elementary/Middle22.4 km
L V Rogers SecondarySecondary23.0 km
Secondaire de NelsonSecondary23.0 km
Hume Elementary SchoolElementary23.4 km
South Nelson ElementaryElementary24.6 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)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($14,450) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$231,200.00
Periodic payment — Principal & Interest (monthly)$1,491.62
Additional monthly expenses (strata, tax, utilities, etc.)$119.54
Total monthly cost$1,611.16
Interest paid over 5-yr term$66,262.58
Balance at end of term$207,965.15

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$14,450
Stress test qualifying rate8.09%
Payment you must qualify for$2,111.19

Cash Needed at Closing

Minimum down payment$14,450
Estimated BC PTT$3,780
Legal / closing costs (typical estimate)$1,500
Total cash needed$19,730

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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