Property Type: Land / LotOwnership: Freehold

928 8th Street

Montrose, BC V0G1P0

$85,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.22 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$1,100

Interior

Fireplace
None

Listing Information

MLS®
10386760
Listed
May 8, 2026
Time on market
On the market for 115 days
Data last synced
August 28, 2026

Listing provided by: eXp Realty · Data source: CREA DDF.

Description

Build your dream home on this .22 acre corner lot in the family-friendly community of Montrose. Located in a great neighborhood close to schools, parks, and amenities, this property offers plenty of space and a convenient location for family living. A great opportunity to enjoy a quiet community setting while staying close to everything you need. (id:63159)

Location Insights

Weather

Nearest station: Trail

17°C

Humidity 55%

Wind WNW 2 km/h

Tonight

10°

Tuesday

27°

Tuesday night

13°

Wednesday

20°

Wednesday night

12°

Thursday

18°

Source: Environment and Climate Change Canada.

Population

1,013

(2021 Census)

+1.7% since 2016

Density: 693.8/km²

Dwellings: 435

Median household income: $94,000

After-tax: $79,500

Immigrant population: 6.9%

Top countries of origin (% of total population)

  • United Kingdom2.5% · 25

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Fruitvale ElementaryElementary4.3 km
Glenmerry ElementaryElementary6.0 km
Kootenay Columbia SecondarySecondary8.2 km
J Lloyd Crowe SecondaryElementary8.7 km
St Michael's Elementary(Independent)Elementary8.9 km
James L Webster ElementaryElementary11.8 km
des Sept-sommetsElementary/Middle15.5 km
Rossland Summit SchoolElementary/Middle15.7 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-Columbia (SD20)

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($4,250) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$68,000.00
Periodic payment — Principal & Interest (monthly)$438.71
Additional monthly expenses (strata, tax, utilities, etc.)$91.67
Total monthly cost$530.38
Interest paid over 5-yr term$19,489.00
Balance at end of term$61,166.22

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$4,250
Stress test qualifying rate8.09%
Payment you must qualify for$620.94

Cash Needed at Closing

Minimum down payment$4,250
Estimated BC PTT$850
Legal / closing costs (typical estimate)$1,500
Total cash needed$6,600

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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