Property Type: Condo / ApartmentOwnership: Strata

514 VICTORIA Street Unit# 209

Nelson, BC V1L4K8

$399,900

0 bed1 bath466 sqftBuilt 2023
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Property Details

Property & Lot

Sub-type
Apartment
Stories
1
Lot size
0.33 acres

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$205/mo
Annual property tax
$1,925

Interior

Heating
Baseboard heaters
Fireplace
None
Flooring
Vinyl, Porcelain Tile

Exterior & Lot

Exterior features
Stucco, Other

Building

Roof
Other, Unknown

Parking

Features
Surfaced

Restrictions & Policies

Rentals
Allowed

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

Room Dimensions

RoomLevelDimensions
Laundry roomMain level4'10'' x 5'9''
Bedroom - BachelorMain level11'11'' x 17'11''
4pc BathroomMain level5'3'' x 7'
KitchenMain level8'8'' x 10'3''

Listing Information

MLS®
10367354
Listed
November 3, 2025
Time on market
On the market for 301 days
Data last synced
August 28, 2026

Listing provided by: WK Real Estate Co. · Data source: CREA DDF.

Description

Live simply in this affordable studio suite in a brand-new, quality-built building located in the heart of Downtown Nelson, BC. Price includes GST. Perfectly designed for efficiency and comfort, this modern suite offers top-quality finishes and appliances, a private entrance from the back of the building or enter through the front of the building. The sweet outdoor bistro area is South facing for extra sun. Or, go enjoy the expansive roof top deck for the best views in Nelson! Get into the Real Estate market with this brand new space and start investing in yourself. (id:63159)

Values & Trends

This listing

$858/sqft

Building average

$808/sqft

3 active listing(s)

Nelson average

$657/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/Middle251 m
WildflowerElementary/Middle309 m
ReachSecondary309 m
South Nelson ElementaryElementary484 m
Trafalgar Middle SchoolMiddle494 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 Cafe80 m
  • BiBo102 m
  • Kootenay Tamil Kitchen · 660 Baker Street116 m
  • Main Street Diner119 m
  • Sprout · 569 Ward Street134 m

Cafes (5+)

  • SideWinders138 m
  • Oso Negro Café · 604 Ward Street156 m
  • John Ward Cafe190 m
  • Empire Coffee218 m
  • L&C French Bakery · 390 Baker Street303 m

Grocery (4)

  • Kootenay Tamil Kitchen Spices · 639 Baker Street145 m
  • Kootenay co-op · 777 Vernon Street248 m
  • Wholesale Club522 m
  • Walmart Supercentre781 m

Parks (4)

  • Hall Street Park106 m
  • NDCC park405 m
  • Cottonwood Falls Park561 m
  • Gyro Park611 m

Pharmacies (2)

  • Pharmasave157 m
  • Walmart Pharmacy · 1000 Lakeside Drive763 m

Banks & ATMs (5+)

  • Scotiabank165 m
  • Unnamed168 m
  • Unnamed169 m
  • CIBC243 m
  • RBC · 401 Baker Street285 m

Nearby places data: © OpenStreetMap contributors.

School district: Kootenay Lake (SD8)

Similar Listings Nearby

Similar active properties nearby based on property type, price, and size.

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($19,995) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$319,920.00
Periodic payment — Principal & Interest (monthly)$2,064.02
Additional monthly expenses (strata, tax, utilities, etc.)$388.36
Total monthly cost$2,452.37
Interest paid over 5-yr term$91,689.99
Balance at end of term$287,769.07

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$19,995
Stress test qualifying rate8.09%
Payment you must qualify for$2,921.34

Cash Needed at Closing

Minimum down payment$19,995
Estimated BC PTT$5,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$27,493

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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