Property Type: Detached HouseOwnership: Freehold

8840 Olson Road

Kaslo, BC V0G1M0

$1,695,000

6 bed3 bath1 parking3,646 sqftBuilt 1978
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Property Details

Property & Lot

Sub-type
House
Stories
3
Lot size
7.34 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$3,906.64

Interior

Heating
Baseboard heaters, Stove, Electric, See remarks, Wood
Fireplace
Yes (1)
Fireplace type
Wood, Conventional
Flooring
Hardwood, Slate

Exterior & Lot

Exterior features
Other
View
Lake view, View of water, View (panoramic)

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
1 — covered indicated
Features
Detached Garage

Room Dimensions

RoomLevelDimensions
3pc BathroomThird level
FoyerThird level9'8'' x 5'6''
Family roomBasement28'5'' x 23'8''
BedroomBasement16'3'' x 11'3''
StorageBasement5' x 3'
OfficeBasement10'6'' x 7'2''
BedroomBasement19'3'' x 11'
BedroomMain level11'3'' x 11'
4pc BathroomMain level
Primary BedroomMain level14'2'' x 14'
3pc BathroomMain level
FoyerMain level20'7'' x 16'
Dining roomMain level12'5'' x 10'1''
Living roomMain level17'7'' x 14'2''
KitchenMain level24'2'' x 13'4''
Family roomSecond level6' x 8'
BedroomSecond level13'7'' x 10'4''
BedroomSecond level13'6'' x 10'6''

Listing Information

MLS®
10393152
Listed
July 6, 2026
Time on market
On the market for 56 days
Data last synced
August 28, 2026

Listing provided by: Century 21 Energy Realty (PG) · Data source: CREA DDF.

Description

Not your typical Kootenay Lake acreage. More than 7 private acres, just 6 minutes from town, with panoramic views of Kootenay Lake and the Purcell Mountains, direct Forest Service Road access, and a level 3+ acre lower bench with subdivision potential. Offered fully furnished inside and out, the property includes a 30' x 40' timber-frame shop with suite potential above and 400-amp service. The fully renovated (2012) 6-bedroom, 3-bath post-and-beam log home features hardwood floors, heated tile, lake and mountain views from nearly every room, and a custom built fireplace with rocks collected from the Kaslo River. A rare combination of privacy, recreation, craftsmanship, and long-term potential. (id:63159)

Values & Trends

This listing

$465/sqft

Building average

No other active listings in this building

Kaslo average

$437/sqft

17 active listing(s)

Parking: 1 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

Nearest station: Nelson

16°C

Humidity 65%

Wind E 4 km/h

Tonight

10°

Tuesday

27°

Tuesday night

13°

Wednesday

20°

Wednesday night

12°

Thursday

18°

Source: Environment and Climate Change Canada.

Population

1,049

(2021 Census)

+8.4% since 2016

Density: 348.5/km²

Dwellings: 583

Median household income: $56,000

After-tax: $53,200

Immigrant population: 18%

Top countries of origin (% of total population)

  • United States of America7.1% · 75
  • Germany2.4% · 25
  • United Kingdom2.4% · 25

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
J V Humphries Elem-SecondaryK-123.7 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)

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($339,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,356,000.00
Periodic payment — Principal & Interest (monthly)$8,748.45
Additional monthly expenses (strata, tax, utilities, etc.)$507.55
Total monthly cost$9,256.01
Interest paid over 5-yr term$388,633.50
Balance at end of term$1,219,726.39

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$339,000
Stress test qualifying rate8.09%
Payment you must qualify for$10,427.17

Cash Needed at Closing

Minimum down payment$339,000
Estimated BC PTT$31,900
Legal / closing costs (typical estimate)$1,500
Total cash needed$372,400

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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