720 Third Street
Nelson, BC V1L2R2
$589,000
Property Details
Property & Lot
- Sub-type
- House
- Stories
- 1
- Lot size
- 0.08 acres
- Frontage
- 45 feet
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $3,888.86
Interior
- Heating
- See remarks
- Cooling / A/C
- Central air conditioning
- Fireplace
- Yes (1)
- Fireplace type
- Unknown, Decorative
Parking
- Total spaces
- 2 — covered indicated
- Features
- Detached Garage, Rear
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Full bathroom | Main level | 5'3'' x 7'3'' |
| Bedroom | Basement | 12'1'' x 8'1'' |
| Dining room | Main level | 17'10'' x 11'4'' |
| Family room | Main level | 17'1'' x 11'7'' |
| Kitchen | Main level | 19'4'' x 10' |
| Bedroom | Main level | 12'3'' x 11'3'' |
| Primary Bedroom | Main level | 11'4'' x 12'6'' |
| Living room | Main level | 13'10'' x 10'5'' |
Listing Information
- MLS®
- 10388724
- Listed
- July 9, 2026
- Time on market
- On the market for 53 days
- Data last synced
- August 28, 2026
Listing provided by: Valhalla Path Realty · Data source: CREA DDF.
Description
Some homes simply make sense, and this Fairview bungalow is one of them. Set on 4 flat, usable lots in one of Nelson's most loved neighbourhoods, this 3-bedroom home offers the perfect opportunity to put down roots and make it your own over time. Walk the kids to school, grab the bus with ease, spend summer afternoons at Lakeside Park, or satisfy an ice cream craving with a quick trip to Dairy Queen. It's all just minutes from your front door. Whether you're buying your first home, raising a family, or looking for a property with great long-term potential, this is a home that's ready for its next chapter. Original fireplace is decorative only. (id:63159)
Values & Trends
This listing
$484/sqft
Building average
—
No other active listings in this building
Nelson average
$480/sqft
82 active listing(s)
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
| School | Type | Distance |
|---|---|---|
| Hume Elementary School | Elementary | 500 m |
| Secondaire de Nelson | Secondary | 613 m |
| L V Rogers Secondary | Secondary | 613 m |
| Nelson Christian Community School(Independent) | Elementary/Middle | 700 m |
| South Nelson Elementary | Elementary | 1.9 km |
| St Joseph School(Independent) | Elementary/Middle | 2.0 km |
| Trafalgar Middle School | Middle | 2.0 km |
| Wildflower | Elementary/Middle | 2.1 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)
- Unnamed89 m
Cafes (1)
- Starbucks636 m
Grocery (1)
- Safeway · 211 Anderson Street621 m
Parks (3)
- Queen Elizabeth Park421 m
- Lakeside Park458 m
- Unnamed669 m
Banks & ATMs (1)
- Unnamed623 m
Nearby places data: © OpenStreetMap contributors.
School district: Kootenay Lake (SD8)
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Mortgage & Ownership Cost Calculator
Minimum required: 5.8% ($33,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.