Property Type: Land / LotOwnership: Freehold

714 Cedar Street

Revelstoke, BC V0E2S0

$619,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
1.25 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$730

Interior

Fireplace
None

Exterior & Lot

View
Mountain view

Listing Information

MLS®
10390909
Listed
June 19, 2026
Time on market
On the market for 73 days
Data last synced
August 28, 2026

Listing provided by: Coldwell Banker Executives Realty · Data source: CREA DDF.

Description

This 1.25 acre lot offers country-like living but at only a 10 minute walk to the downtown core of Revelstoke. Spectacular views on this sloped lot can be achieved, looking west towards the Monashee Mountains, that are unlike any other in the area. This private hidden gem sits directly across from a designated City of Revelstoke 'urban forest & natural park', so development will never occur within the frontage site-lines. Currently zoned for low density/multi-family, there are many options to explore for any Buyer. The Seller has completed all of the 'leg-work' for development including the road expansion of Cedar Street, a geo-technical report, a riparian assessment and plans for a multi-unit residence. Servicing of City sewer and water has also been completed to lot line. (id:63159)

Location Insights

Weather

Clear

12°C

Clear

Humidity 99%

Wind SE calm km/h

Tonight

10°

Tuesday

25°

Tuesday night

13°

Wednesday

22°

Wednesday night

12°

Thursday

15°

Source: Environment and Climate Change Canada.

Population

8,275

(2021 Census)

+9.4% since 2016

Density: 200.5/km²

Dwellings: 3,739

Median household income: $96,000

After-tax: $85,000

Immigrant population: 11.7%

Top countries of origin (% of total population)

  • United Kingdom1.9% · 155
  • United States of America1.4% · 115
  • Italy1% · 80
  • Germany0.9% · 75
  • Philippines0.8% · 65
  • Netherlands0.4% · 30
  • India0.3% · 25
  • China0.2% · 15

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Revelstoke SecondarySecondary1.6 km
Secondaire de RevelstokeSecondary1.6 km
Begbie View ElementaryElementary1.8 km
Arrow Heights ElementaryElementary2.5 km
des GlaciersElementary2.5 km
Columbia Park ElementaryElementary3.2 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: Revelstoke (SD19)

Mortgage & Ownership Cost Calculator

Minimum required: 6.0% ($36,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$495,200.00
Periodic payment — Principal & Interest (monthly)$3,194.86
Additional monthly expenses (strata, tax, utilities, etc.)$60.83
Total monthly cost$3,255.70
Interest paid over 5-yr term$141,925.74
Balance at end of term$445,434.00

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$36,900
Stress test qualifying rate8.09%
Payment you must qualify for$4,476.15

Cash Needed at Closing

Minimum down payment$36,900
Estimated BC PTT$10,380
Legal / closing costs (typical estimate)$1,500
Total cash needed$48,780

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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