523 Second Street
Nelson, BC V1L5P2
$450,000
Property Details
Property & Lot
- Sub-type
- House
- Stories
- 2
- Lot size
- 0.17 acres
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $3,483
Interior
- Basement
- Full
- Heating
- Baseboard heaters, Electric
- Fireplace
- None
Exterior & Lot
- Exterior features
- Wood siding
Building
- Roof
- Asphalt shingle, Unknown
Parking
- Total spaces
- 4 — covered indicated
- Features
- Carport
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| 3pc Bathroom | Lower level | — |
| Storage | Lower level | 8'7'' x 7'8'' |
| Storage | Lower level | 11'7'' x 11'4'' |
| Bedroom | Lower level | 11'6'' x 8'11'' |
| Bedroom | Lower level | 7'6'' x 10'4'' |
| Bedroom | Lower level | 10'1'' x 10'9'' |
| Bedroom | Lower level | 11'2'' x 13'2'' |
| Primary Bedroom | Main level | 23'3'' x 11'7'' |
| 3pc Bathroom | Main level | — |
| 4pc Ensuite bath | Main level | — |
| Primary Bedroom | Main level | 11' x 14'9'' |
| Dining room | Main level | 7'10'' x 8'8'' |
| Living room | Main level | 14'10'' x 10'7'' |
| Kitchen | Main level | 11' x 8' |
Listing Information
- MLS®
- 10393485
- Listed
- July 3, 2026
- Time on market
- On the market for 59 days
- Data last synced
- August 28, 2026
Listing provided by: Royal LePage Rosling Realty · Data source: CREA DDF.
Description
Corner lot in lower Fairview with a solid home totalling nearly 2,300 sq ft on two levels. Originally built in 1980, this home is ready for a makeover. Bring your ideas and create some equity in the Nelson real estate market. Located in a desirable neighbourhood, the house sits on a large 60x120 corner lot on a dead-end street steps away from Lakeside Park. There's a double carport and deck off the lake side of the home, and it would lend itself to adding an income-producing suite in the walkout lower level. This would leave ample space to create a 4-bedroom, 2-bath main home without compromising space. (id:63159)
Values & Trends
This listing
$189/sqft
Building average
—
No other active listings in this building
Nelson average
$484/sqft
82 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
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
44
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 |
|---|---|---|
| Hume Elementary School | Elementary | 300 m |
| Secondaire de Nelson | Secondary | 684 m |
| L V Rogers Secondary | Secondary | 684 m |
| Nelson Christian Community School(Independent) | Elementary/Middle | 980 m |
| South Nelson Elementary | Elementary | 1.6 km |
| St Joseph School(Independent) | Elementary/Middle | 1.7 km |
| Trafalgar Middle School | Middle | 1.7 km |
| Wildflower | Elementary/Middle | 1.8 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 (1)
- Unnamed263 m
Cafes (2)
- Starbucks314 m
- Java631 m
Grocery (2)
- Safeway · 211 Anderson Street299 m
- Save-On-Foods · 1200 Lakeside Drive608 m
Parks (2)
- Lakeside Park222 m
- Queen Elizabeth Park407 m
Shopping (1)
- Unnamed · 1150 Simpson Road716 m
Pharmacies (1)
- Shoppers Drug Mart671 m
Banks & ATMs (1)
- Unnamed301 m
Nearby places data: © OpenStreetMap contributors.
School district: Kootenay Lake (SD8)
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Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($22,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
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.