Property Type: Detached HouseOwnership: Freehold

431 ALEXANDER Road

Nakusp, BC V0G1R1

$479,000

4 bed1 bath4 parking1,300 sqftBuilt 1936
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
9.7 acres
Frontage
330 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$1,389

Interior

Basement
Full
Heating
Stove, Forced air, Wood
Fireplace
None
Flooring
Carpeted, Linoleum

Exterior & Lot

Exterior features
Stucco
View
Mountain view
Waterfront
Waterfront on stream

Building

Roof
Metal, Unknown

Parking

Total spaces
4

Restrictions & Policies

Pets
Allowed

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Room Dimensions

RoomLevelDimensions
Dining nookSecond level10'0'' x 8'3''
4pc BathroomSecond level6'9'' x 13'11''
BedroomSecond level10'8'' x 10'0''
BedroomSecond level10'8'' x 8'8''
BedroomSecond level10'8'' x 8'8''
Primary BedroomMain level11'5'' x 10'7''
Living roomMain level19'3'' x 13'4''
Dining roomMain level11'6'' x 10'2''
KitchenMain level14'7'' x 13'4''

Listing Information

MLS®
10380490
Listed
March 23, 2026
Time on market
On the market for 161 days
Data last synced
August 28, 2026

Listing provided by: Royal Lepage Selkirk Realty · Data source: CREA DDF.

Description

Rare Opportunity! Enjoy rural living with municipal water and all essential amenities just a 5 minute drive away. This 9.7 acre property is mostly treed with mature timber, and a quaint, lovingly cared for, heritage family home built in 1936. The home has 1,300 square feet of living space with 4 bedrooms and 1 bathroom. There is an unfinished 720 sqft low-ceiling basement with laundry, furnace and plenty of storage space. The house is west facing with good sun exposure and beautiful mountain views. The property boasts a huge area where a vegetable garden was grown in the past, functional outbuildings and a bridge over the seasonal creek that flows through the acreage. The AG1 zoning allows for a second residence to be built on the property. (id:63159)

Values & Trends

This listing

$368/sqft

Building average

No other active listings in this building

Nakusp Rural average

$452/sqft

31 active listing(s)

Parking: 4 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

12°C

Humidity 94%

Wind ENE 4 km/h

Tonight

Tuesday

24°

Tuesday night

15°

Wednesday

20°

Wednesday night

12°

Thursday

16°

Source: Environment and Climate Change Canada.

Population

1,589

(2021 Census)

-1% since 2016

Density: 197.6/km²

Dwellings: 831

Median household income: $64,500

After-tax: $59,200

Immigrant population: 9.1%

Top countries of origin (% of total population)

  • United States of America2.2% · 35
  • United Kingdom2.2% · 35
  • Germany0.9% · 15
  • Netherlands0.9% · 15

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Nakusp ElementaryElementary1.9 km
Nakusp SecondarySecondary2.0 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: Arrow Lakes (SD10)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($23,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$383,200.00
Periodic payment — Principal & Interest (monthly)$2,472.28
Additional monthly expenses (strata, tax, utilities, etc.)$180.75
Total monthly cost$2,653.03
Interest paid over 5-yr term$109,826.22
Balance at end of term$344,689.64

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$23,950
Stress test qualifying rate8.09%
Payment you must qualify for$3,499.18

Cash Needed at Closing

Minimum down payment$23,950
Estimated BC PTT$7,580
Legal / closing costs (typical estimate)$1,500
Total cash needed$33,030

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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