Property Type: Land / LotOwnership: Freehold

7928 Lemon Creek Road

Slocan, BC V0G2C0

$1,690,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
104 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$0

Interior

Fireplace
None

Exterior & Lot

View
Mountain view, River view, View of water, View (panoramic)
Waterfront
Waterfront on creek

Listing Information

MLS®
10346148
Listed
May 9, 2025
Time on market
On the market for 479 days
Data last synced
August 28, 2026

Listing provided by: Landquest Realty Corporation · Data source: CREA DDF.

Description

Located just south of Slocan, BC, this remarkable 100+ acre property offers a prime development opportunity with Preliminary Layout Approval in place for an eight-parcel subdivision-six creekfront lot and two non-creekfront, each approximately 10-15 acres. Featuring over 1 km of Lemon Creek frontage, level benches, and sweeping views of the Valhallas, the land combines natural beauty with strong investment potential. With no zoning restrictions, it offers flexibility for development, subdivision, or creating a private estate. Recent logging has cleared most merchantable timber, and the property includes an established, permitted gravel pit fully contained within one proposed lot, offering immediate income potential or separate resale value. With excellent road access and proximity to the Kootenay backcountry, this is a rare chance to own a piece of paradise in one of BC's most desirable regions. (id:63159)

Location Insights

Weather

Nearest station: Nelson

13°C

Humidity 80%

Wind ESE 4 km/h

Tonight

10°

Tuesday

27°

Tuesday night

13°

Wednesday

20°

Wednesday night

12°

Thursday

18°

Source: Environment and Climate Change Canada.

Population

379

(2021 Census)

+31.1% since 2016

Density: 485.9/km²

Dwellings: 212

Median household income: $48,000

After-tax: $44,800

Immigrant population: 8.2%

Top countries of origin (% of total population)

  • United States of America2.6% · 10
  • Netherlands2.6% · 10

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
W.E. Graham Community SchoolElementary/Middle7.2 km
Winlaw Elementary SchoolElementary11.9 km
Whole School(Independent)Elementary12.6 km
des Sentiers-alpinsElementary/Middle22.3 km
Nelson Waldorf School(Independent)Elementary/Middle23.8 km
Blewett Elementary SchoolElementary24.1 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.

School district: Kootenay Lake (SD8)

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Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($338,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,352,000.00
Periodic payment — Principal & Interest (monthly)$8,722.65
Additional monthly expenses (strata, tax, utilities, etc.)$0.00
Total monthly cost$8,722.65
Interest paid over 5-yr term$387,487.09
Balance at end of term$1,216,128.37

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$338,000
Stress test qualifying rate8.09%
Payment you must qualify for$10,396.41

Cash Needed at Closing

Minimum down payment$338,000
Estimated BC PTT$31,800
Legal / closing costs (typical estimate)$1,500
Total cash needed$371,300

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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