Property Type: TriplexOwnership: Freehold

88 1ST NW Avenue

Nakusp, BC V0G1R0

$649,900

4 bed5 bath1,950 sqftBuilt 1974
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Property Details

Property & Lot

Sub-type
Triplex
Lot size
0.24 acres

Ownership & Fees

Property type
Triplex
Ownership
Freehold
Annual property tax
$2,889

Interior

Basement
Crawl space
Heating
Baseboard heaters
Fireplace
None
Flooring
Tile, Heavy loading

Exterior & Lot

Exterior features
Wood siding

Building

Roof
Asphalt shingle, Unknown

Room Dimensions

RoomLevelDimensions
Living roomMain level9'0'' x 15'0''
Primary BedroomMain level9'0'' x 16'0''
BedroomMain level9'0'' x 9'0''
BedroomMain level11'0'' x 13'0''
BedroomMain level9'0'' x 9'0''
4pc BathroomMain level
4pc BathroomMain level
4pc BathroomMain level
4pc BathroomMain level
Living roomMain level12'0'' x 15'0''
Laundry roomMain level6'0'' x 9'0''
Living roomMain level12'0'' x 13'0''
Living roomMain level9'0'' x 18'0''
Dining roomMain level9'0'' x 9'0''
4pc Ensuite bathMain level
KitchenMain level9'0'' x 13'0''
KitchenMain level9'0'' x 9'0''
KitchenMain level8'0'' x 9'0''

Listing Information

MLS®
2479779
Listed
September 26, 2024
Time on market
On the market for 704 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Rosling Realty · Data source: CREA DDF.

Description

TURN KEY OPERATION! 3 Separate units with separate Laundry room. Currently operates as a Air BnB and full time rental. Fully furnished, linens included, fully stocked Air BnB kitchen. Central location to the downtown core. Quick walk across main street to the water front lake access! Alley access, with front parking as well. Extensive upgrades made in 2017 to include a new roof, windows, doors, flooring, bathroom upgrades. 2- 2 bedroom/Bathroom units, and 1 bachelor suite unit in the middle, with separate outside access laundry room. Walking distance to all amenities. Occupy 1 unit yourself and provide rentals or operate Air BNB's out of the other 2! Zoning allows for the operation of a business, creating multiple opportunities for this property. Don't miss out! (id:63159)

Values & Trends

This listing

$333/sqft

Building average

No other active listings in this building

Nakusp average

$389/sqft

2 active listing(s)

Parking: Not indicatedStorage locker: Not indicated

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

10°C

Humidity 97%

Wind ENE 3 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.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

44

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

SchoolTypeDistance
Nakusp ElementaryElementary684 m
Nakusp SecondarySecondary917 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

Restaurants (3)

  • Woodfire Pizza157 m
  • Bella Soriah · Broadway Street W215 m
  • Leland on the Lake Restaurant · 96 4th Avenue Southwest325 m

Cafes (1)

  • Mountain Top Coffee · 109 Broadway Street W69 m

Grocery (1)

  • Save-On-Foods440 m

Parks (1)

  • Unnamed724 m

Banks & ATMs (2)

  • CIBC · 402 Broadway Street W194 m
  • Kootenay Savings Credit Union · 502 Broadway Street W303 m

Nearby places data: © OpenStreetMap contributors.

School district: Arrow Lakes (SD10)

Similar Listings Nearby

Similar active properties nearby based on property type, price, and size.

Mortgage & Ownership Cost Calculator

Minimum required: 6.2% ($39,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$519,920.00
Periodic payment — Principal & Interest (monthly)$3,354.35
Additional monthly expenses (strata, tax, utilities, etc.)$338.75
Total monthly cost$3,693.10
Interest paid over 5-yr term$149,010.57
Balance at end of term$467,669.72

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$39,990
Stress test qualifying rate8.09%
Payment you must qualify for$4,689.99

Cash Needed at Closing

Minimum down payment$39,990
Estimated BC PTT$10,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$52,488

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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