Property Type: Detached HouseOwnership: Freehold

516 Bayview Road

Nakusp, BC V0G1R1

$977,000

2 bed2 bath2 parking1,213 sqftBuilt 2005
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
0.48 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$3,874.86

Interior

Heating
Baseboard heaters, Stove, Wood
Fireplace
None
Flooring
Tile, Hardwood

Exterior & Lot

Exterior features
Wood siding
View
Lake view, Mountain view, Valley view
Waterfront
Waterfront on lake

Building

Roof
Metal, Unknown

Parking

Total spaces
2 — covered indicated
Features
Detached Garage

Room Dimensions

RoomLevelDimensions
Full ensuite bathroomSecond level5'10'' x 7'2''
Primary BedroomSecond level15'10'' x 20'7''
Dining roomMain level9' x 8'9''
FoyerMain level10'8'' x 6'7''
BedroomMain level12' x 13'11''
Full bathroomMain level8'9'' x 8'8''
Living roomMain level13'7'' x 14'2''
KitchenMain level8'7'' x 11'9''

Listing Information

MLS®
10387093
Listed
May 13, 2026
Time on market
On the market for 110 days
Data last synced
August 28, 2026

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

Description

Truly remarkable waterfront property in Bayview estates, 10 mins south of Nakusp. You won't find a better deal considering its development, location, landscaping, and appeal. Nothing to do but show up and enjoy your new home. Attractively landscaped throughout with thoughtful touches, including underground sprinklers across entire property keeping everything moist and lush. Landscaped water features show a creative way to manage drainage & rain runoff. Main dwelling is a 2 bed/2 bath home with high ceilings in the living space, with windows overlooking your yard and lake view. Custom cabinets throughout, new range, fridge and hot water tank. Outside is a hottub and deck to view the stars. Upstairs is the primary suite, ensuite bathroom & a little balcony. The detached garage space has room for 2 vehicles and storage for tools and hobbies. It has a concrete floor, floor drains, level 2 EV charger, and a 2nd workshop around back. Above is a 655 sq ft open concept guest suite with dry kitchenette and storage. Bathroom with shower and extra sink are on the ground floor. In the forest above the main home is a one room guest cabin with power. Above that, a single bay carport for equipment or rec toys. Paved driveway too! The pride and joy of the property is the wonderful cedar forest leading out to the grassy area near the lake with commanding views, firepit, fenced garden area, fruit trees, greenhouse, and flower beds; a truly magical place to relax and enjoy time. (id:63159)

Values & Trends

This listing

$805/sqft

Building average

No other active listings in this building

Nakusp Rural average

$438/sqft

31 active listing(s)

Parking: 2 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 ElementaryElementary9.5 km
Nakusp SecondarySecondary9.7 km
Burton ElementaryElementary19.5 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.

School district: Arrow Lakes (SD10)

Mortgage & Ownership Cost Calculator

Minimum required: 7.4% ($72,700) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$781,600.00
Periodic payment — Principal & Interest (monthly)$5,042.62
Additional monthly expenses (strata, tax, utilities, etc.)$383.91
Total monthly cost$5,426.52
Interest paid over 5-yr term$224,008.81
Balance at end of term$703,051.73

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$72,700
Stress test qualifying rate8.09%
Payment you must qualify for$6,953.75

Cash Needed at Closing

Minimum down payment$72,700
Estimated BC PTT$17,540
Legal / closing costs (typical estimate)$1,500
Total cash needed$91,740

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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