Arrow Lake 10 Lot Package Arrow Lakes Drive
Castlegar, BC V1N3N3
$559,000
Property Details
Property & Lot
- Sub-type
- Other
- Lot size
- 32.41 acres
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $0
Interior
- Fireplace
- None
Listing Information
- MLS®
- 10391357
- Listed
- July 4, 2026
- Time on market
- On the market for 58 days
- Data last synced
- August 28, 2026
Listing provided by: REMAX Kelowna · Data source: CREA DDF.
Description
Public Remarks Rare Development Opportunity! 10 Vacant Land Parcels Totaling 32+ Acres along Arrow Lakes Drive in North Castlegar. Discover an exceptional opportunity to invest in a prime collection of vacant land parcels just outside of Castlegar, BC. This unique offering consists of 10 individual properties totaling over 32 acres, providing both versatility and potential for development in the heart of the beautiful West Kootenay region. Property Breakdown: Nine (9) half-acre residential lots, One (1) expansive 27 acre lot, these properties are located within the Regional District of Central Kootenay, where half-acre residential lots are increasingly rare. Whether you're a developer with a vision or an investor seeking land with long-term potential, this is your chance to capitalize on a scarce and sought-after land type. Highlights: Peaceful location with easy access to nature, recreation, and Castlegar amenities: Ideal for a residential subdivision, private retreat, or phased development project; Ample space for creativity, build, subdivide, or hold for future appreciation. Developers, bring your ideas. With demand for residential housing rising and large, developable land parcels in short supply, this offering is ripe for your vision. Explore the potential. Secure your piece of the Kootenays today. (id:63159)
Location Insights
Weather
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.
Location Accessibility
Our own metric — not an official Walk Score®.
Amenities
4
1/9 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
| School | Type | Distance |
|---|---|---|
| Robson Community School | Elementary | 619 m |
| Stanley Humphries Secondary | Secondary | 2.9 km |
| Twin Rivers Elementary | Elementary | 3.1 km |
| Kinnaird Elementary | Elementary | 5.6 km |
| Sequoia Centre | Secondary | 16.7 km |
| Brent Kennedy Elementary | Elementary | 16.9 km |
| Mount Sentinel Secondary | K-12 | 17.5 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.
Nearby Places
Parks (1)
- Unnamed775 m
Nearby places data: © OpenStreetMap contributors.
School district: Kootenay-Columbia (SD20)
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Mortgage & Ownership Cost Calculator
Minimum required: 5.5% ($30,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.