Property Type: Detached HouseOwnership: Freehold

617 Payne Street

Creston, BC V0B1G6

$649,990

4 bed2.5 bath0 parking3,050 sqftBuilt 1920
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
3 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,614.32

Interior

Heating
Baseboard heaters, Stove, Wood
Fireplace
None

Parking

Total spaces
0 — uncovered indicated
Features
Covered, RV, Additional Parking

Room Dimensions

RoomLevelDimensions
Living roomAdditional Accommodation18'5'' x 19'5''
KitchenAdditional Accommodation5' x 7'4''
BedroomAdditional Accommodation8'5'' x 9'
FoyerMain level4' x 6'
Partial bathroomMain level
Full bathroomMain level
DenMain level5' x 6'
Primary BedroomMain level9'8'' x 17'
BedroomMain level9'7'' x 9'8''
BedroomMain level8'4'' x 9'8''
KitchenMain level13' x 13'7''
Dining roomMain level10' x 12'8''
Living roomMain level12'8'' x 28'

Listing Information

MLS®
10378335
Listed
March 6, 2026
Time on market
On the market for 178 days
Data last synced
August 28, 2026

Listing provided by: Century 21 Assurance Realty Ltd · Data source: CREA DDF.

Description

Exceptional 3-Acre Estate in Central Creston – Unbeatable Value Discover this stunning private oasis at 617 Payne Street, offering 3 acres in one of Creston's most prestigious neighborhoods with incredible commercial potential at an exceptional price point. Property Highlights: Suite Recently renovated bungalow with two custom-built sunrooms Brand new separate suite structure with private entrance – ideal for rental income Tranquil koi pond and expansive natural pond with private dock Picturesque meadow and creek flowing through the property Mature trees ensuring complete privacy Investment Opportunity: This rare property offers dual residential use and rezoning potential for subdivision into premium building lots. The separate suite building provides immediate income potential or guest accommodation. Minor finishing touches in progress include railings, final flooring, and landscaping completion. Perfect as a private estate or lucrative investment opportunity, this hidden gem combines natural beauty with modern comfort in central Creston. Contact your realtor today to view this extraordinary property at 617 Payne Street – priced to sell quickly. VIDEO LINK: https://youtu.be/YtoEnBhqtD8 (id:63159)

Values & Trends

This listing

$213/sqft

Building average

No other active listings in this building

Creston average

$312/sqft

54 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

17°C

Humidity 57%

Wind NW 10 km/h

Tonight

12°

Tuesday

28°

Tuesday night

14°

Wednesday

20°

Wednesday night

12°

Thursday

18°

Source: Environment and Climate Change Canada.

Population

5,583

(2021 Census)

+4.1% since 2016

Density: 663.9/km²

Dwellings: 2,810

Median household income: $58,800

After-tax: $54,400

Immigrant population: 11.8%

Top countries of origin (% of total population)

  • United Kingdom2.2% · 125
  • United States of America1.8% · 100
  • Germany1.1% · 60
  • Netherlands0.7% · 40
  • China0.6% · 35
  • Hungary0.4% · 20
  • Poland0.4% · 20
  • Mexico0.3% · 15

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

22

4/9 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
Kootenay Valley Christian School(Independent)Elementary/Middle836 m
Adam Robertson ElementaryElementary1.3 km
Kootenay River SecondarySecondary2.2 km
Erickson ElementaryElementary4.5 km
Yaqan Nukiy School(Independent)Elementary5.1 km
Canyon/Lister ElementaryElementary6.0 km
Mormon Hills Elementary Secondary(Independent)Elementary/Middle12.5 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.

Nearby Places

Restaurants (4)

  • Rick's Iron Kettle · 1420 Northwest Boulevard310 m
  • Unnamed398 m
  • Tim's Fish & Chips · 1108 Northwest Boulevard633 m
  • Asian Fusion766 m

Cafes (2)

  • Retro Cafe391 m
  • Tim Hortons · 300 Helen Street665 m

Grocery (1)

  • Save-On-Foods786 m

Parks (1)

  • Unnamed688 m

Nearby places data: © OpenStreetMap contributors.

School district: Kootenay Lake (SD8)

Mortgage & Ownership Cost Calculator

Minimum required: 6.2% ($39,999) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$519,992.00
Periodic payment — Principal & Interest (monthly)$3,354.81
Additional monthly expenses (strata, tax, utilities, etc.)$537.53
Total monthly cost$3,892.34
Interest paid over 5-yr term$149,031.20
Balance at end of term$467,734.49

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$39,999
Stress test qualifying rate8.09%
Payment you must qualify for$4,690.62

Cash Needed at Closing

Minimum down payment$39,999
Estimated BC PTT$11,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$52,499

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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