Property Type: Detached HouseOwnership: Freehold

880 WATERLOO Road

Castlegar, BC V1N4K8

$1,499,999

5 bed5.5 bath10 parking5,086 sqftBuilt 1999
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
5 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$6,128

Interior

Basement
Full
Heating
Heat Pump, Forced air
Cooling / A/C
Central air conditioning
Fireplace
Yes (3)
Fireplace type
Gas, Unknown
Flooring
Hardwood, Carpeted, Wood

Exterior & Lot

Exterior features
Stone, Stucco
View
Mountain view
Pool
Inground pool

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
10 — covered indicated
Features
Attached Garage, Oversize

Room Dimensions

RoomLevelDimensions
BedroomSecond level9'6'' x 14'6''
4pc BathroomSecond level
BedroomSecond level10'0'' x 11'6''
4pc Ensuite bathSecond level
Primary BedroomSecond level14'6'' x 18'6''
BedroomSecond level10'0'' x 11'0''
BedroomSecond level10'0'' x 13'0''
Wine CellarBasement7'0'' x 5'0''
StorageBasement10'6'' x 20'0''
StorageBasement10'0'' x 10'0''
Recreation roomBasement13'0'' x 31'0''
OtherMain level12'0'' x 12'3''
Mud roomMain level6'6'' x 8'0''
Laundry roomMain level6'6'' x 20'0''
4pc BathroomSecond level
2pc BathroomMain level
4pc BathroomBasement
DenMain level17'0'' x 21'3''
Living roomMain level15'0'' x 17'0''
Living roomBasement14'0'' x 30'0''
Dining roomMain level14'0'' x 19'0''
KitchenMain level14'0'' x 21'0''

Listing Information

MLS®
10378544
Listed
March 9, 2026
Time on market
On the market for 175 days
Data last synced
August 28, 2026

Listing provided by: Fair Realty (Nelson) · Data source: CREA DDF.

Description

Set back off the road and nestled amongst the trees is this gorgeous custom built two-storey family home on a rare and secluded 5 acre Ootischenia property. Great attention to detail was paid throughout the 5,000 square feet of living area and the home offers an excellent opportunity for a work/play lifestyle. This executive 5 bedroom 4 1/2 bath has plenty of space for the growing family. All 5 bedrooms are located on the upper floor along with 3 full baths including the popular Jack and Jill layout. The master suite is an opulent space with its large room size, gas fireplace and beautiful ensuite. The main floor features stunning vaulted cathedral ceilings, hardwood floors of traditional American cherry and maple, a gourmet kitchen with granite countertops and high-end appliances, a formal dining room and large living room with a gas fireplace. There is also a home-based office with its own separate entry which would allow a homeowner to work from the house on a daily basis. The basement is a retreat to play games or just hang out and watch a movie. Much of the main living space flows naturally towards the back yard and once you see it you will know why. The beautiful inground pool is surrounded by spaces to relax and enjoy including a large deck and several large patio areas with gorgeous custom pavers. The entire space can be used in complete seclusion due to the layout of the home on the lot and the mature trees. There is room to build a shop or potential for a lot to be subdivided off the front (id:63159)

Values & Trends

This listing

$295/sqft

Building average

No other active listings in this building

Ootischenia average

$380/sqft

11 active listing(s)

Parking: 10 stall(s) includedStorage 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

Mainly Clear

17°C

Mainly Clear

Humidity 66%

Wind NNW 4 km/h

Tonight

10°

Tuesday

27°

Tuesday night

13°

Wednesday

20°

Wednesday night

12°

Thursday

18°

Source: Environment and Climate Change Canada.

Population

8,338

(2021 Census)

+3.7% since 2016

Density: 419.6/km²

Dwellings: 3,702

Median household income: $81,000

After-tax: $73,000

Immigrant population: 8.6%

Top countries of origin (% of total population)

  • United Kingdom1.9% · 155
  • United States of America1.1% · 95
  • Portugal0.7% · 55
  • Italy0.5% · 40
  • India0.4% · 35
  • Jamaica0.4% · 30
  • Philippines0.4% · 30
  • Russian Federation0.3% · 25

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Kinnaird ElementaryElementary1.7 km
Stanley Humphries SecondarySecondary5.1 km
Twin Rivers ElementaryElementary5.1 km
Robson Community SchoolElementary7.8 km
Fruitvale ElementaryElementary19.6 km
Brent Kennedy ElementaryElementary19.7 km
J Lloyd Crowe SecondaryElementary19.8 km
Glenmerry ElementaryElementary19.9 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-Columbia (SD20)

Mortgage & Ownership Cost Calculator

Minimum required: 8.3% ($125,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,199,999.00
Periodic payment — Principal & Interest (monthly)$7,741.99
Additional monthly expenses (strata, tax, utilities, etc.)$764.67
Total monthly cost$8,506.65
Interest paid over 5-yr term$343,923.16
Balance at end of term$1,079,402.98

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$125,000
Stress test qualifying rate8.09%
Payment you must qualify for$10,573.26

Cash Needed at Closing

Minimum down payment$125,000
Estimated BC PTT$28,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$154,500

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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