Property Type: Land / LotOwnership: Freehold

754 BALMER Crescent

Elkford, BC V0B1H0

$75,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.17 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$475

Interior

Fireplace
None

Listing Information

MLS®
10335882
Listed
February 21, 2025
Time on market
On the market for 556 days
Data last synced
August 28, 2026

Listing provided by: RE/MAX Elk Valley Realty · Data source: CREA DDF.

Description

Nestled in a quiet corner of upper Elkford this .17 of an acre lot is a must see. With fabulous Rocky Mountain views, greenbelt behind and wilderness at your doorstep you can't go wrong! Within walking distance of all uptown amenities including schools, neighbourhood pub, day cares and convenience store. Lot is GST applicable (id:63159)

Location Insights

Weather

Nearest station: Sparwood

Mainly Sunny

12°C

Mainly Sunny

Humidity 69%

Wind E 10 km/h

Tonight

Tuesday

26°

Tuesday night

Wednesday

21°

Wednesday night

Thursday

18°

Source: Environment and Climate Change Canada.

Population

2,749

(2021 Census)

+10% since 2016

Density: 25.4/km²

Dwellings: 1,602

Median household income: $117,000

After-tax: $97,000

Immigrant population: 7.5%

Top countries of origin (% of total population)

  • United Kingdom1.1% · 30
  • Philippines0.7% · 20
  • Mexico0.4% · 10
  • United States of America0.4% · 10

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

7

1/9 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
Elkford Elementary SecondaryElementary518 m
Rocky Mountain ElementaryElementary595 m

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

Parks (5+)

  • Grizzly Park329 m
  • Badger Trail333 m
  • Grizzly Park335 m
  • Badger Trail338 m
  • Alpine Way Rest Area 2390 m

Nearby places data: © OpenStreetMap contributors.

School district: South East Kootenay (SD5)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($3,750) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$60,000.00
Periodic payment — Principal & Interest (monthly)$387.10
Additional monthly expenses (strata, tax, utilities, etc.)$39.58
Total monthly cost$426.68
Interest paid over 5-yr term$17,196.17
Balance at end of term$53,970.19

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$3,750
Stress test qualifying rate8.09%
Payment you must qualify for$547.89

Cash Needed at Closing

Minimum down payment$3,750
Estimated BC PTT$750
Legal / closing costs (typical estimate)$1,500
Total cash needed$6,000

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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