Property Type: Land / LotOwnership: Freehold

854 Alexander Road

Nakusp, BC V0G1R1

$529,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
10.01 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$1,431.52

Interior

Fireplace
None

Exterior & Lot

View
Mountain view

Restrictions & Policies

Pets
Allowed

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

Listing Information

MLS®
10353334
Listed
June 26, 2025
Time on market
On the market for 432 days
Data last synced
August 28, 2026

Listing provided by: Royal Lepage Selkirk Realty · Data source: CREA DDF.

Description

A beautiful lake & mountain view is attainable, from this acreage, with some clearing of trees. Located just minutes to Nakusp and the Arrow Lakes. Ready to build on! All of the hard work has been completed. Smaller second growth trees & a winding gravel driveway provide excellent access to the front of the property and maintains your privacy. This 10 acre property is mostly flat, with a gravelly/soil mix, which would make it easy to clear, if needed for pasture land. Services include Village of Nakusp water (installed to west side of the property), two 200 amp electrical services and a new septic system has been installed. Plenty of room to build a house or set up a modular home. Boat storage shed and wired sea-can included. The RV spot includes; a snow roof and is serviced with water, septic and power, ready to enjoy. Lots of recreation in the area, including the golf course and hiking/biking trails right across the road. (id:63159)

Location Insights

Weather

12°C

Humidity 94%

Wind ENE 4 km/h

Tonight

Tuesday

24°

Tuesday night

15°

Wednesday

20°

Wednesday night

12°

Thursday

16°

Source: Environment and Climate Change Canada.

Population

1,589

(2021 Census)

-1% since 2016

Density: 197.6/km²

Dwellings: 831

Median household income: $64,500

After-tax: $59,200

Immigrant population: 9.1%

Top countries of origin (% of total population)

  • United States of America2.2% · 35
  • United Kingdom2.2% · 35
  • Germany0.9% · 15
  • Netherlands0.9% · 15

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Nakusp SecondarySecondary2.7 km
Nakusp ElementaryElementary2.8 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: Arrow Lakes (SD10)

Mortgage & Ownership Cost Calculator

Minimum required: 5.3% ($27,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$423,200.00
Periodic payment — Principal & Interest (monthly)$2,730.34
Additional monthly expenses (strata, tax, utilities, etc.)$119.29
Total monthly cost$2,849.64
Interest paid over 5-yr term$121,290.34
Balance at end of term$380,669.77

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$27,900
Stress test qualifying rate8.09%
Payment you must qualify for$3,853.28

Cash Needed at Closing

Minimum down payment$27,900
Estimated BC PTT$8,580
Legal / closing costs (typical estimate)$1,500
Total cash needed$37,980

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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