Property Type: Condo / ApartmentOwnership: Strata

710 Vernon Street Unit# 301

Nelson, BC V1L4G2

$515,000

1 bed1 bath1 parking715 sqftBuilt 2016
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Amenities

Also listed: Storage - Locker

Property Details

Property & Lot

Sub-type
Apartment
Stories
1

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$515/mo
Annual property tax
$3,383.87

Maintenance Fee Includes

GarbageManagement

Also included: Ground Maintenance, Other, See Remarks, Reserve Fund Contributions

Interior

Heating
Heat Pump, Electric
Cooling / A/C
Wall unit, Heat Pump
Fireplace
None

Exterior & Lot

Exterior features
Concrete, Brick
View
City view, Mountain view, View (panoramic)

Building

Roof
Other, Unknown

Parking

Total spaces
1 — uncovered indicated
Features
Underground, Parkade

Restrictions & Policies

Pets
Restrictions apply, Allowed with restrictions

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

Room Dimensions

RoomLevelDimensions
Laundry roomMain level4'5'' x 3'
OtherMain level3'7'' x 5'11''
3pc BathroomMain level8'4'' x 5'3''
Primary BedroomMain level13'9'' x 11'2''
Living roomMain level22'11'' x 15'6''
KitchenMain level9'3'' x 14'2''

Listing Information

MLS®
10397784
Listed
August 17, 2026
Time on market
On the market for 14 days
Data last synced
August 28, 2026

Listing provided by: Fair Realty (Kaslo) · Data source: CREA DDF.

Description

Located in Nelson Commons in the heart of downtown Nelson, this 715 sq ft one-bedroom condo puts everyday life within easy walking distance of Baker Street, restaurants, shops, services, the waterfront and recreation — with the Kootenay Co-op grocery store right in the building. Built in 2016, the unit has a bright, open layout with kitchen, dining and living areas connected around a central island. The living space extends onto a covered balcony with a mountain outlook, providing outdoor space in the middle of the city. The bedroom is comfortably sized, with a full bathroom and in-suite laundry completing the interior. The unit includes secure underground parking, a private storage locker. The building has an elevator and secured entry, making this a practical option for year-round living, someone looking to downsize, a professional wanting to live close to work and downtown amenities, or a Kootenay home base that can be locked up when you're away. Nelson Commons is one of Nelson's most centrally located residential developments. Step outside and you're one block from Baker Street, with groceries downstairs and much of downtown Nelson accessible on foot. A well-located one-bedroom home for someone who wants the convenience of living in the centre of Nelson without giving up parking, storage or private outdoor space. (id:63159)

Values & Trends

This listing

$720/sqft

Building average

$738/sqft

2 active listing(s)

Nelson average

$669/sqft

12 active listing(s)

Parking: 1 stall(s) includedStorage locker: Included

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

67

7/9 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
St Joseph School(Independent)Elementary/Middle500 m
WildflowerElementary/Middle551 m
ReachSecondary551 m
South Nelson ElementaryElementary646 m
Trafalgar Middle SchoolMiddle702 m
Hume Elementary SchoolElementary1.2 km
L V Rogers SecondarySecondary1.6 km
Secondaire de NelsonSecondary1.6 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 (5+)

  • Louie's Steakhouse · 616 Vernon Street91 m
  • Kootenay Tamil Kitchen · 660 Baker Street144 m
  • BiBo154 m
  • Main Street Diner160 m
  • All Seasons Cafe172 m

Cafes (5+)

  • Empire Coffee101 m
  • SideWinders114 m
  • John Ward Cafe272 m
  • Oso Negro Café · 604 Ward Street363 m
  • L&C French Bakery · 390 Baker Street429 m

Grocery (5+)

  • Kootenay co-op · 777 Vernon Street26 m
  • Kootenay Tamil Kitchen Spices · 639 Baker Street135 m
  • Wholesale Club458 m
  • Walmart Supercentre532 m
  • Save-On-Foods · 1200 Lakeside Drive714 m

Parks (4)

  • Hall Street Park163 m
  • NDCC park173 m
  • Gyro Park417 m
  • Cottonwood Falls Park775 m

Shopping (1)

  • Unnamed · 1150 Simpson Road611 m

Pharmacies (3)

  • Pharmasave100 m
  • Walmart Pharmacy · 1000 Lakeside Drive514 m
  • Shoppers Drug Mart660 m

Banks & ATMs (5+)

  • Unnamed245 m
  • Unnamed278 m
  • Scotiabank286 m
  • CIBC343 m
  • RBC · 401 Baker Street387 m

Nearby places data: © OpenStreetMap contributors.

School district: Kootenay Lake (SD8)

Mortgage & Ownership Cost Calculator

Minimum required: 5.1% ($26,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$412,000.00
Periodic payment — Principal & Interest (monthly)$2,658.08
Additional monthly expenses (strata, tax, utilities, etc.)$832.98
Total monthly cost$3,491.06
Interest paid over 5-yr term$118,080.38
Balance at end of term$370,595.33

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$26,500
Stress test qualifying rate8.09%
Payment you must qualify for$3,756.39

Cash Needed at Closing

Minimum down payment$26,500
Estimated BC PTT$8,300
Legal / closing costs (typical estimate)$1,500
Total cash needed$36,300

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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