504 Needham Drive
Revelstoke, BC V0E2S0
$859,999
Property Details
Property & Lot
- Sub-type
- House
- Stories
- 1
- Lot size
- 0.25 acres
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $3,740
Interior
- Heating
- See remarks
- Fireplace
- None
Exterior & Lot
- Exterior features
- Wood
- Waterfront
- Waterfront on river
Building
- Roof
- Metal, Unknown
Parking
- Total spaces
- 1 — covered indicated
- Features
- Attached Garage
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| 3pc Bathroom | Main level | 6'0'' x 13'2'' |
| Primary Bedroom | Main level | 10'0'' x 10'4'' |
| Bedroom | Main level | 10'5'' x 9'4'' |
| Bedroom | Main level | 8'9'' x 10'2'' |
| Kitchen | Main level | 9'0'' x 17'4'' |
| Dining room | Main level | 9'0'' x 10'4'' |
| Living room | Main level | 13'7'' x 15'4'' |
Listing Information
- MLS®
- 10396783
- Listed
- August 4, 2026
- Time on market
- On the market for 27 days
- Data last synced
- August 28, 2026
Listing provided by: Coldwell Banker Prestige Realty · Data source: CREA DDF.
Description
Income-generating property on one of the last downtown riverfront lots available for development. This home is currently rented for $2,200 per month, with the tenants responsible for their own utilities. The tenancy is fixed until May 2027. The property sits on one of Revelstoke’s most desirable potential development lots, offering breathtaking 180-degree views of the Columbia River Valley, Mount Begbie, and the Monashee Mountains. The 11,044 sq. ft. lot is located just minutes from downtown while still providing a private river-bluff setting. Needham Drive is a private access road serving only two homes. A private path leads from the property to a scenic, flat waterfront beach area. The existing rancher is basic but provides steady rental income, while the lot offers excellent potential. (id:63159)
Values & Trends
This listing
$873/sqft
Building average
—
No other active listings in this building
Revelstoke average
$754/sqft
48 active listing(s)
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
13°C
Clear
Humidity 91%
Wind WSW 4 km/h
Tonight
10°
Tuesday
25°
Tuesday night
13°
Wednesday
22°
Wednesday night
12°
Thursday
17°
Source: Environment and Climate Change Canada.
Population
8,275
(2021 Census)
+9.4% since 2016
Density: 200.5/km²
Dwellings: 3,739
Median household income: $96,000
After-tax: $85,000
Immigrant population: 11.7%
Top countries of origin (% of total population)
- United Kingdom1.9% · 155
- United States of America1.4% · 115
- Italy1% · 80
- Germany0.9% · 75
- Philippines0.8% · 65
- Netherlands0.4% · 30
- India0.3% · 25
- China0.2% · 15
Source: Statistics Canada, 2021 Census of Population.
Location Accessibility
Our own metric — not an official Walk Score®.
Amenities
30
7/9 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
| School | Type | Distance |
|---|---|---|
| Begbie View Elementary | Elementary | 1.2 km |
| Revelstoke Secondary | Secondary | 1.4 km |
| Secondaire de Revelstoke | Secondary | 1.4 km |
| Columbia Park Elementary | Elementary | 1.6 km |
| Arrow Heights Elementary | Elementary | 3.5 km |
| des Glaciers | Elementary | 3.5 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 (5+)
- Emo's Pizza & Grill · 418 1st Street West613 m
- Terra Firma's Kitchen · 415A Victoria Road627 m
- Seoul Street697 m
- Zalas Steak House · 1601 Victoria Road726 m
- Kevins Kitchen756 m
Cafes (1)
- La Baguette · 607 Victoria Street West526 m
Grocery (1)
- Save-On-Foods · 555 Victoria Road547 m
Parks (2)
- Unnamed287 m
- Unnamed490 m
Gyms (1)
- Balu Yoga · 414 1st Street West628 m
Pharmacies (2)
- Revelstoke Family Pharmacy · 555 Victoria Road579 m
- Pharmasave · 307 Victoria Street West738 m
Banks & ATMs (1)
- TD Canada Trust · 406 1st Street West641 m
Nearby places data: © OpenStreetMap contributors.
School district: Revelstoke (SD19)
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Financial Ledger
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Financial Summary
Cash Needed at Closing
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.