Property Type: OtherOwnership: Freehold

5621 Highway 23

Nakusp, BC V0G1R1

$449,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
2.47 acres
Frontage
205 feet

Ownership & Fees

Property type
Other
Ownership
Freehold
Strata / maintenance fee
$84/mo
Annual property tax
$1,909

Maintenance Fee Includes

Also included: Other, See Remarks

Interior

Heating
No heat
Fireplace
None

Exterior & Lot

View
Lake view, Mountain view
Waterfront
Waterfront on lake

Restrictions & Policies

Pets
Allowed

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

Listing Information

MLS®
2472858
Listed
August 21, 2023
Time on market
On the market for 1106 days
Data last synced
August 28, 2026

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

Description

With over 200 ft. of shoreline on Upper Arrow Lakes, this acreage has stunning views of Mt Thor & Odin. The 2.4 acres is sloping towards the lake, there is a new driveway pushed into the property with a trail down to the beach area. This property is situated in the middle of a gated 10 lot strata subdivision. Use it in it's natural state as your private get-a-way, or build your dream home. Just a 10 minute walk, via a shared pathway, from Halcyon Hot Springs Resort & Spa and fine dining at the Chanterelle Restaurant & Bar. Power and telephone are at the lot line. There is a Water Licence on the lake and an approved septic location. GST is applicable on the purchase price. (id:63159)

Values & Trends

This listing

Building average

No other active listings in this building

Nakusp Rural average

$419/sqft

6 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

10°C

Humidity 97%

Wind ENE 3 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

No schools found within a reasonable distance of this property.

Nearby Transit

No TransLink stops within an ~10-minute walk.

School district: Arrow Lakes (SD10)

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($22,450) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$359,200.00
Periodic payment — Principal & Interest (monthly)$2,317.44
Additional monthly expenses (strata, tax, utilities, etc.)$243.08
Total monthly cost$2,560.52
Interest paid over 5-yr term$102,947.75
Balance at end of term$323,101.56

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$22,450
Stress test qualifying rate8.09%
Payment you must qualify for$3,280.02

Cash Needed at Closing

Minimum down payment$22,450
Estimated BC PTT$6,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$30,930

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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