Property Type: Condo / ApartmentOwnership: Strata

514 VICTORIA Street Unit# 207

Nelson, BC V1L4K8

$429,000

1 bed1 bath593 sqftBuilt 2023
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Amenities

Also listed: Other

Property Details

Property & Lot

Sub-type
Apartment
Stories
1
Lot size
0.01 acres

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$302/mo
Annual property tax
$2,507.16

Maintenance Fee Includes

GarbageManagement

Also included: Ground Maintenance, Insurance, Reserve Fund Contributions

Interior

Heating
Baseboard heaters
Fireplace
None

Parking

Features
Surfaced

Room Dimensions

RoomLevelDimensions
4pc BathroomMain level
Laundry roomMain level6'1'' x 7'3''
Primary BedroomMain level11'8'' x 11'5''
Living roomMain level17'5'' x 11'4''
KitchenMain level17'5'' x 11'0''

Listing Information

MLS®
10381704
Listed
April 1, 2026
Time on market
On the market for 152 days
Data last synced
August 28, 2026

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

Description

This urban-chic building and Victoria Street location provide easy access to a vibrant community with shops, restaurants, and cultural attractions, making it convenient for social activities and leisure. The compact living space of this 1 bed/1 bath unit encourages a simpler lifestyle, reducing clutter and upkeep. Bright, efficient and modern-design space is perfect for a single or couple looking to downsize, simplify or simply get into the Nelson market and start building equity. Additionally, 207 has a private south-facing patio, laundry in-suite and comes with building amenities including lounge, rooftop patio space and secure bike storage, enhancing the overall condo living experience. 207 is ideally situated for pet owners, with direct exterior access from the hallway to the rear exit of the building, without the need for stairs. The close-knit community in downtown Nelson fosters a sense of belonging and allows for easy connections with neighbours and friends. (id:63159)

Values & Trends

This listing

$723/sqft

Building average

$853/sqft

3 active listing(s)

Nelson average

$669/sqft

12 active listing(s)

Parking: Not indicatedStorage 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

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.

Population

11,106

(2021 Census)

+5.1% since 2016

Density: 930.9/km²

Dwellings: 5,314

Median household income: $72,500

After-tax: $65,500

Immigrant population: 15.1%

Top countries of origin (% of total population)

  • United States of America3.5% · 390
  • United Kingdom3.3% · 365
  • Philippines0.8% · 85
  • Germany0.6% · 65
  • Italy0.6% · 65
  • India0.5% · 55
  • Netherlands0.4% · 40
  • South Africa, Republic of0.3% · 35

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

67

6/9 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
St Joseph School(Independent)Elementary/Middle244 m
WildflowerElementary/Middle308 m
ReachSecondary308 m
South Nelson ElementaryElementary471 m
Trafalgar Middle SchoolMiddle483 m
Hume Elementary SchoolElementary1.4 km
Rosemont Elementary SchoolElementary1.4 km
L V Rogers SecondarySecondary1.8 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+)

  • All Seasons Cafe86 m
  • BiBo105 m
  • Kootenay Tamil Kitchen · 660 Baker Street124 m
  • Main Street Diner130 m
  • Sprout · 569 Ward Street144 m

Cafes (5+)

  • SideWinders145 m
  • Oso Negro Café · 604 Ward Street163 m
  • John Ward Cafe202 m
  • Empire Coffee228 m
  • L&C French Bakery · 390 Baker Street313 m

Grocery (4)

  • Kootenay Tamil Kitchen Spices · 639 Baker Street155 m
  • Kootenay co-op · 777 Vernon Street252 m
  • Wholesale Club535 m
  • Walmart Supercentre785 m

Parks (4)

  • Hall Street Park107 m
  • NDCC park413 m
  • Cottonwood Falls Park563 m
  • Gyro Park610 m

Pharmacies (2)

  • Pharmasave165 m
  • Walmart Pharmacy · 1000 Lakeside Drive767 m

Banks & ATMs (5+)

  • Scotiabank177 m
  • Unnamed180 m
  • Unnamed181 m
  • CIBC255 m
  • RBC · 401 Baker Street296 m

Nearby places data: © OpenStreetMap contributors.

School district: Kootenay Lake (SD8)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($21,450) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$343,200.00
Periodic payment — Principal & Interest (monthly)$2,214.21
Additional monthly expenses (strata, tax, utilities, etc.)$541.25
Total monthly cost$2,755.46
Interest paid over 5-yr term$98,362.11
Balance at end of term$308,709.51

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$21,450
Stress test qualifying rate8.09%
Payment you must qualify for$3,133.92

Cash Needed at Closing

Minimum down payment$21,450
Estimated BC PTT$6,580
Legal / closing costs (typical estimate)$1,500
Total cash needed$29,530

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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