Property Type: Land / LotOwnership: Freehold

Lot 11 MCCORMACK Road

Burton, BC V0G1E0

$295,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
9.79 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$404

Interior

Fireplace
None

Listing Information

MLS®
10379137
Listed
March 12, 2026
Time on market
On the market for 172 days
Data last synced
August 28, 2026

Listing provided by: LPT Realty ULC · Data source: CREA DDF.

Description

Create Your Family Legacy on nearly 10 Gorgeous Lakeside Acres! Imagine building your dream getaway or legacy property on this flat, private 9.79-acre parcel just steps from Lower Arrow Lake, nestled in the heart of stunning Kootenay country. Whether you're dreaming of a year-round residence, recreational escape, or investment hold, this property offers unmatched freedom—no building time restrictions and AG1 zoning for endless home-based business potential. Enjoy world-class hiking, biking, fishing, skiing, and boating right from your doorstep. The property features a cleared build/trailer site, a seeded road and meadow with established clover and grass, hydro at the lot line, and a private trail to the creek with lake access at high water. Towering cedar, fir, pine, and deciduous trees offer shade and privacy, while the surrounding community delivers charm and convenience. Located minutes from Burton, near local farms, artisan food, and the beloved Burton Cidery (hello, pizza nights!), with two boat launches within 3 km and only 20 minutes to Nakusp. Adventure seekers will love the proximity to hot springs, the Selkirk Mountains, and Valhalla Ski Lodge—just 10km away as the crow flies. This is more than land—it's a lifestyle, a launchpad for family memories, and a smart long-term investment. (id:63159)

Location Insights

Weather

Nearest station: Nakusp

12°C

Humidity 94%

Wind ENE 4 km/h

Tonight

Tuesday

24°

Tuesday night

15°

Wednesday

20°

Wednesday night

12°

Thursday

16°

Source: Environment and Climate Change Canada.

Nearby Schools

SchoolTypeDistance
Burton ElementaryElementary2.1 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: Arrow Lakes (SD10)

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($14,750) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$236,000.00
Periodic payment — Principal & Interest (monthly)$1,522.59
Additional monthly expenses (strata, tax, utilities, etc.)$33.67
Total monthly cost$1,556.26
Interest paid over 5-yr term$67,638.28
Balance at end of term$212,282.76

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$14,750
Stress test qualifying rate8.09%
Payment you must qualify for$2,155.02

Cash Needed at Closing

Minimum down payment$14,750
Estimated BC PTT$3,900
Legal / closing costs (typical estimate)$1,500
Total cash needed$20,150

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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