Property Type: Land / LotOwnership: Freehold

660 SPARKS ROAD

Burns Lake, BC V0J1R0

$99,000

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Property Details

Property & Lot

Lot size
1.69 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$150.15 (2024)

Interior

Fireplace
None

Listing Information

MLS®
R2915247
Listed
August 14, 2024
Time on market
On the market for 747 days
Tax assessment year
2024
Data last synced
August 28, 2026

Listing provided by: Royal LePage Aspire Realty · Data source: CREA DDF.

Description

Here is an opportunity to buy 1.69 acres on the Southside of Francois Lake, close to the ferry landing and public access to the lake (Indian Bay Recreation Site). The property has a mild elevation and is nicely cleared with a new drilled well, ready for development. (id:63159)

Location Insights

Weather

10°C

Humidity 96%

Wind ENE calm km/h

Tonight

Tuesday

16°

Tuesday night

Wednesday

18°

Wednesday night

10°

Thursday

21°

Source: Environment and Climate Change Canada.

Population

1,659

(2021 Census)

-6.7% since 2016

Density: 253.7/km²

Dwellings: 765

Median household income: $75,500

After-tax: $67,500

Immigrant population: 8.4%

Top countries of origin (% of total population)

  • India1.5% · 25
  • United States of America0.9% · 15
  • United Kingdom0.6% · 10
  • Viet Nam0.6% · 10

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Francois Lake ElementaryElementary4.4 km
Grassy Plains SchoolElementary10.0 km
Lakes Learning CentreSecondary24.6 km
Lakes District SecondarySecondary24.8 km
William Konkin ElementaryElementary24.9 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: Nechako Lakes (SD91)

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Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($4,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$79,200.00
Periodic payment — Principal & Interest (monthly)$510.97
Additional monthly expenses (strata, tax, utilities, etc.)$12.51
Total monthly cost$523.48
Interest paid over 5-yr term$22,698.95
Balance at end of term$71,240.66

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$4,950
Stress test qualifying rate8.09%
Payment you must qualify for$723.21

Cash Needed at Closing

Minimum down payment$4,950
Estimated BC PTT$990
Legal / closing costs (typical estimate)$1,500
Total cash needed$7,440

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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