Property Type: OtherOwnership: Freehold

707 Billings Road

Nakusp, BC V0G1R1

$300,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
4.9 acres

Ownership & Fees

Property type
Other
Ownership
Freehold
Annual property tax
$630

Interior

Fireplace
None

Exterior & Lot

View
Mountain view

Listing Information

MLS®
10365187
Listed
March 4, 2026
Time on market
On the market for 180 days
Data last synced
August 28, 2026

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

Description

Discover the potential of this beautiful 4.9-acre parcel in the desirable Crescent Bay area of Nakusp. Gently sloped and lightly treed, this property offers a blank canvas to bring your vision to life. Whether you’re dreaming of building a custom home, or holding as an investment for the future, the possibilities here are wide open. The usable terrain makes planning and development straightforward, while the peaceful surroundings provide the charm and tranquility that make this area so sought after while still only being a few minutes drive from downtown. There is no water or sewer currently in place. If you’re looking for space, privacy, and the opportunity to shape your own slice of paradise in a great community, this Crescent Bay acreage is ready to make it happen. (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

SchoolTypeDistance
Nakusp ElementaryElementary3.6 km
Nakusp SecondarySecondary3.9 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: Arrow Lakes (SD10)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($15,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$240,000.00
Periodic payment — Principal & Interest (monthly)$1,548.40
Additional monthly expenses (strata, tax, utilities, etc.)$52.50
Total monthly cost$1,600.90
Interest paid over 5-yr term$68,784.69
Balance at end of term$215,880.78

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$15,000
Stress test qualifying rate8.09%
Payment you must qualify for$2,191.55

Cash Needed at Closing

Minimum down payment$15,000
Estimated BC PTT$4,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$20,500

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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