Property Type: Land / Lot

LOT 1 OLD BABINE LAKE ROAD

Smithers, BC V0J2N6

$525,000

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Property Details

Property & Lot

Lot size
2.23 acres

Ownership & Fees

Property type
Land / Lot

Interior

Fireplace
None

Listing Information

MLS®
C8079985
Listed
June 27, 2026
Time on market
On the market for 65 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: RE/MAX Bulkley Valley · Data source: CREA DDF.

Description

Great opportunity to secure a rare industrial zoned property! This 2.23 acre lot is located only minutes from Smithers on a paved road with no load restrictions and 2km off of Highway 16. The property is level and ready for development. Restrictive covenant on title limits use, however the Regional District has stated they would be open for discussion on alternate uses with a potential purchaser. Environmental assessments done and would be available to qualified purchasers. Would make a great spot for a warehouse, laydown yard, wrecking and salvage operation, or motor vehicle repair (all uses subject to approval by governing bodies). Residential allowed alongside principal use. Neighbouring 6 acre property is also for sale. (id:63159)

Values & Trends

This listing

Building average

No other active listings in this building

Smithers average

$34/sqft

1 active listing(s)

Parking: Not indicatedStorage 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

Light Rain

13°C

Light Rain

Humidity 96%

Wind NNW 4 km/h

Tonight

Tuesday

16°

Tuesday night

10°

Wednesday

18°

Wednesday night

10°

Thursday

21°

Source: Environment and Climate Change Canada.

Population

5,378

(2021 Census)

-0.4% since 2016

Density: 352.4/km²

Dwellings: 2,411

Median household income: $85,000

After-tax: $75,000

Immigrant population: 12.6%

Top countries of origin (% of total population)

  • Netherlands1.8% · 95
  • United Kingdom1.3% · 70
  • Philippines1.3% · 70
  • United States of America1.2% · 65
  • Germany1% · 55
  • Pakistan1% · 55
  • India0.7% · 40
  • South Africa, Republic of0.4% · 20

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Ebenezer Canadian Reformed School(Independent)K-121.0 km
Bulkley Valley Christian School(Independent)K-122.3 km
La Grande-OurseElementary2.4 km
Muheim Memorial ElementaryElementary3.0 km
Walnut Park ElementaryElementary3.3 km
Bulkley Valley Learning CentreElementary3.4 km
St Joseph's(Independent)Elementary3.7 km
Smithers SecondaryElementary3.9 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: Bulkley Valley (SD54)

Similar Listings Nearby

Similar active properties nearby based on property type, price, and size.

Mortgage & Ownership Cost Calculator

Minimum required: 5.2% ($27,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$420,000.00
Periodic payment — Principal & Interest (monthly)$2,709.70
Additional monthly expenses (strata, tax, utilities, etc.)$0.00
Total monthly cost$2,709.70
Interest paid over 5-yr term$120,373.21
Balance at end of term$377,791.36

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$27,500
Stress test qualifying rate8.09%
Payment you must qualify for$3,825.60

Cash Needed at Closing

Minimum down payment$27,500
Estimated BC PTT$8,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$37,500

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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