Property Type: TownhouseOwnership: Strata

702 Fourth Street Unit# 4

Nelson, BC V1L2S8

$529,777

2 bed2 bath956 sqftBuilt 2010
Get Directions

Property Details

Property & Lot

Sub-type
Row / Townhouse
Stories
1.5

Ownership & Fees

Property type
Townhouse
Ownership
Strata
Strata / maintenance fee
$334/mo
Annual property tax
$3,310.78

Interior

Heating
Baseboard heaters, Electric
Fireplace
Yes (1)
Fireplace type
Gas, Unknown
Flooring
Bamboo

Exterior & Lot

Exterior features
Other

Building

Roof
Asphalt shingle, Unknown

Parking

Features
Stall

Room Dimensions

RoomLevelDimensions
OtherSecond level4'7'' x 4'5''
3pc Ensuite bathSecond level7'4'' x 4'5''
Primary BedroomSecond level15'9'' x 10'11''
BedroomMain level10' x 10'10''
4pc BathroomMain level7'11'' x 6'7''
Living roomMain level15'10'' x 10'8''
KitchenMain level15'10'' x 10'5''

Listing Information

MLS®
10398296
Listed
August 20, 2026
Time on market
On the market for 11 days
Data last synced
August 28, 2026

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

Description

Welcome to your ultimate Nelson basecamp. Located in highly sought-after Lower Fairview, this modern 2-storey townhome delivers high-end vibes with zero yard-work stress—perfect for active singles, couples, or downsizers who want a ""lock-up-and-go"" lifestyle. Inside, vaulted ceilings and a bright, open-concept layout flood the space with natural light. The sleek kitchen inspires with rich cherry cabinetry, quartz countertops, and durable bamboo flooring, while a cozy gas fireplace anchors the living area. The flexible main floor features a bedroom, full 4-piece bath, and laundry—ideal for guests, a home office, or accessible ground-level living. Upstairs, the loft-style primary suite serves as a private retreat with a walk-in closet and 3-piece ensuite. Outdoor enthusiast? The rare, massive 10x10 separate storage locker is a game-changer for your mountain bikes, kayaks, and skis. Sip your morning coffee on the private patio before walking to Lakeside Park, local cafes, shopping, and transit. Move-in ready and built for the Kootenay lifestyle! (id:63159)

Values & Trends

This listing

$554/sqft

Building average

No other active listings in this building

Nelson average

$519/sqft

11 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

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

30

5/9 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
Hume Elementary SchoolElementary479 m
Secondaire de NelsonSecondary507 m
L V Rogers SecondarySecondary507 m
Nelson Christian Community School(Independent)Elementary/Middle604 m
South Nelson ElementaryElementary1.9 km
St Joseph School(Independent)Elementary/Middle2.0 km
Trafalgar Middle SchoolMiddle2.0 km
WildflowerElementary/Middle2.1 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)

  • Unnamed195 m

Cafes (1)

  • Starbucks666 m

Grocery (1)

  • Safeway · 211 Anderson Street651 m

Parks (3)

  • Queen Elizabeth Park348 m
  • Lakeside Park548 m
  • Unnamed555 m

Banks & ATMs (1)

  • Unnamed652 m

Nearby places data: © OpenStreetMap contributors.

School district: Kootenay Lake (SD8)

Mortgage & Ownership Cost Calculator

Minimum required: 5.3% ($27,978) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$423,822.00
Periodic payment — Principal & Interest (monthly)$2,734.36
Additional monthly expenses (strata, tax, utilities, etc.)$658.05
Total monthly cost$3,392.40
Interest paid over 5-yr term$121,468.60
Balance at end of term$381,229.26

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$27,978
Stress test qualifying rate8.09%
Payment you must qualify for$3,858.66

Cash Needed at Closing

Minimum down payment$27,978
Estimated BC PTT$8,596
Legal / closing costs (typical estimate)$1,500
Total cash needed$38,073

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.

Request more information