Property Type: Land / LotOwnership: Freehold

424 GALENA SHORES Drive

Galena Bay, BC V0G1R0

$159,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.64 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Strata / maintenance fee
$156/mo
Annual property tax
$1,133.81

Interior

Fireplace
None

Exterior & Lot

View
Lake view, Mountain view, View (panoramic)

Listing Information

MLS®
10374300
Listed
February 4, 2026
Time on market
On the market for 208 days
Data last synced
August 28, 2026

Listing provided by: RE/MAX Revelstoke Realty · Data source: CREA DDF.

Description

Discover the perfect opportunity to build your dream getaway at 424 Galena Shores. This .64-acre partially treed lot offers an ideal blend of privacy, natural beauty, and convenience in the heart of stunning Galena Bay. Located just 1 hour from Revelstoke and 30 minutes from Nakusp, this property places you within easy reach of world-class recreation in every direction. Positioned only steps from the community boat launch and beach, the lot provides exceptional access to the water—perfect for boating, paddling, swimming, or simply enjoying the serene lakeside setting. Whether you envision a year-round residence or a seasonal retreat, this location supports a lifestyle centered around the outdoors. Residents of Galena Shores enjoy access to well-maintained common amenities, including a washroom, laundry facilities, and shared boat launch and beach access. With its peaceful surroundings, convenient services, and proximity to endless adventure, this property offers a rare chance to secure a piece of the Arrow Lakes region. A beautiful canvas for your future home or recreational escape awaits at 424 Galena Shores. (id:63159)

Location Insights

Weather

Nearest station: Revelstoke

Mostly Cloudy

13°C

Mostly Cloudy

Humidity 97%

Wind WSW calm km/h

Tonight

10°

Tuesday

25°

Tuesday night

13°

Wednesday

22°

Wednesday night

12°

Thursday

17°

Source: Environment and Climate Change Canada.

Nearby Schools

No schools found within a reasonable distance of this property.

Nearby Transit

No TransLink stops within an ~10-minute walk.

School district: Arrow Lakes (SD10)

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Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($7,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$127,200.00
Periodic payment — Principal & Interest (monthly)$820.65
Additional monthly expenses (strata, tax, utilities, etc.)$250.90
Total monthly cost$1,071.56
Interest paid over 5-yr term$36,455.89
Balance at end of term$114,416.81

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$7,950
Stress test qualifying rate8.09%
Payment you must qualify for$1,161.52

Cash Needed at Closing

Minimum down payment$7,950
Estimated BC PTT$1,590
Legal / closing costs (typical estimate)$1,500
Total cash needed$11,040

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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