Property Type: Condo / ApartmentOwnership: Strata

514 VICTORIA Street Unit# 404

Nelson, BC V1L4K8

$479,900

1 bed1 bath561 sqftBuilt 2023
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Amenities

Also listed: Party Room

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
$250/mo
Annual property tax
$2,581

Interior

Heating
Baseboard heaters
Fireplace
None

Exterior & Lot

Exterior features
Stucco, Other
View
City view, Lake view, Mountain view, Unknown

Building

Roof
Other, Unknown

Parking

Features
Surfaced

Restrictions & Policies

Pets
Restrictions apply, Allowed with restrictions

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

Room Dimensions

RoomLevelDimensions
Laundry roomMain level5'3'' x 8'2''
4pc BathroomMain level
BedroomMain level9'4'' x 11'9''
Living roomMain level10'11'' x 11'1''
KitchenMain level10'11'' x 11'1''

Listing Information

MLS®
10369127
Listed
November 13, 2025
Time on market
On the market for 292 days
Data last synced
August 28, 2026

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

Description

Downtown Nelson Living Made Easy! Step into this brand-new, beautifully crafted 1-bedroom condo in the heart of Nelson, BC. With GST included, this move-in-ready condo offers high ceilings, quality finishes, and stunning views of the City of Nelson, the iconic ""Big Orange Bridge,"" Kootenay Lake and Elephant Mountain - a Nelson postcard - from your deck or pop up to the expansive roof top deck for the best views in Nelson! Enjoy secure bike storage in the building, and an in-suite laundry/storage room. Take advantage of being just steps from Nelson’s lively shops, cafés, and outdoor adventures. Perfect for year-round living or as a stylish seasonal retreat - this condo and building are not to be missed! (id:63159)

Values & Trends

This listing

$855/sqft

Building average

$809/sqft

3 active listing(s)

Nelson average

$658/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

13°C

Humidity 80%

Wind ESE 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/Middle267 m
WildflowerElementary/Middle323 m
ReachSecondary323 m
South Nelson ElementaryElementary494 m
Trafalgar Middle SchoolMiddle508 m
Hume Elementary SchoolElementary1.4 km
Rosemont Elementary SchoolElementary1.4 km
L V Rogers SecondarySecondary1.7 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 Cafe64 m
  • BiBo88 m
  • Kootenay Tamil Kitchen · 660 Baker Street100 m
  • Main Street Diner104 m
  • Sprout · 569 Ward Street134 m

Cafes (5+)

  • SideWinders122 m
  • Oso Negro Café · 604 Ward Street164 m
  • John Ward Cafe183 m
  • Empire Coffee203 m
  • L&C French Bakery · 390 Baker Street304 m

Grocery (4)

  • Kootenay Tamil Kitchen Spices · 639 Baker Street130 m
  • Kootenay co-op · 777 Vernon Street232 m
  • Wholesale Club512 m
  • Walmart Supercentre765 m

Parks (4)

  • Hall Street Park93 m
  • NDCC park389 m
  • Cottonwood Falls Park572 m
  • Gyro Park599 m

Pharmacies (2)

  • Pharmasave141 m
  • Walmart Pharmacy · 1000 Lakeside Drive747 m

Banks & ATMs (5+)

  • Unnamed160 m
  • Scotiabank162 m
  • Unnamed164 m
  • CIBC241 m
  • RBC · 401 Baker Street283 m

Nearby places data: © OpenStreetMap contributors.

School district: Kootenay Lake (SD8)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($23,995) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$383,920.00
Periodic payment — Principal & Interest (monthly)$2,476.92
Additional monthly expenses (strata, tax, utilities, etc.)$493.08
Total monthly cost$2,970.00
Interest paid over 5-yr term$110,032.58
Balance at end of term$345,337.28

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$23,995
Stress test qualifying rate8.09%
Payment you must qualify for$3,505.75

Cash Needed at Closing

Minimum down payment$23,995
Estimated BC PTT$7,598
Legal / closing costs (typical estimate)$1,500
Total cash needed$33,093

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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