Letcher Street Lot# Parcel A
Elko, BC V0B1T3
$230,000
Property Details
Property & Lot
- Sub-type
- Other
- Lot size
- 0.37 acres
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $396.38
Interior
- Fireplace
- None
Exterior & Lot
- View
- Mountain view, Valley view, View (panoramic)
Listing Information
- MLS®
- 10373608
- Listed
- January 23, 2026
- Time on market
- On the market for 220 days
- Data last synced
- August 28, 2026
Listing provided by: RE/MAX Elk Valley Realty · Data source: CREA DDF.
Description
Set on a generous 100 x 160 ft lot, this private and flat parcel offers the opportunity to secure space, privacy, and future potential. Surrounded by Crown land with no immediate neighbours, the property provides exceptional seclusion along with open views and a peaceful natural setting. The lot is un-zoned and benefits from no setback requirements, offering flexibility for future development. A drilled well producing approximately 12 GPM is already in place. An added bonus is the unique possibility to expand the land base through an Extension of Private Holdings, allowing a buyer to pursue the purchase of adjacent Crown parcels (subject to approval). Located near the edge of a provincial park and with convenient access via Burton Lake Road (including established rights-of-way), the property is well positioned for those who value outdoor recreation and privacy. While power is not currently serviced to the lot, a right-of-way exists to bring electricity to the property line from approximately 160 metres away. This is an ideal opportunity for someone seeking space, solitude, and long-term potential, while remaining within easy reach of Fernie, Koocanusa, and the recreational amenities of the South Country. (id:63159)
Location Insights
Weather
Nearest station: Crowsnest
6°C
—
Humidity 88%
Wind ESE 2 km/h
Tonight
7°
Tuesday
25°
Tuesday night
13°
Wednesday
23°
Wednesday night
10°
Thursday
18°
Source: Environment and Climate Change Canada.
Location Accessibility
Our own metric — not an official Walk Score®.
Amenities
7
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 |
|---|---|---|
| Jaffray Elem-Jr Secondary | Elementary/Middle | 15.5 km |
| Sophie-Morigeau | Elementary | 21.8 km |
| The Fernie Academy(Independent) | K-12 | 23.3 km |
| Isabella Dicken Elementary | Elementary | 24.2 km |
| Fernie Secondary | K-12 | 24.6 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)
- Elko Paraglider Landing Zone445 m
Nearby places data: © OpenStreetMap contributors.
School district: South East Kootenay (SD5)
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Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($11,500) — 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.