Property Type: Land / LotOwnership: Freehold

Lot 11 PROSPECT Drive

Grand Forks, BC V0H1H2

$83,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.56 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$578.63

Interior

Fireplace
None

Listing Information

MLS®
10374361
Listed
January 30, 2026
Time on market
On the market for 213 days
Data last synced
August 28, 2026

Listing provided by: Coldwell Banker Executives Realty · Data source: CREA DDF.

Description

This generously sized lot, priced below tax assessment provides ample space for a custom residence, outdoor living areas, and landscaped gardens, all while enjoying a peaceful, upscale atmosphere. The property features community water hookup, power nearby, and will require a septic system. Whether you’re dreaming of a modern masterpiece or a timeless family home, this exceptional lot offers the ideal foundation in a location where quality, elegance, and lifestyle come together. A rare opportunity to own a prime .55-acre lot in one of Grand Forks, BC’s most sought-after and prestigious communities. Surrounded by beautifully crafted homes and strong pride of ownership, this property offers the perfect setting to bring your vision to life. (id:63159)

Location Insights

Weather

15°C

Humidity 64%

Wind WNW 5 km/h

Tonight

Tuesday

26°

Tuesday night

12°

Wednesday

17°

Wednesday night

11°

Thursday

14°

Source: Environment and Climate Change Canada.

Population

4,112

(2021 Census)

+1.6% since 2016

Density: 396.5/km²

Dwellings: 1,969

Median household income: $61,600

After-tax: $56,800

Immigrant population: 9.1%

Top countries of origin (% of total population)

  • United Kingdom2.4% · 100
  • United States of America1.8% · 75
  • Philippines0.5% · 20
  • Italy0.4% · 15
  • France0.2% · 10
  • Germany0.2% · 10

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Grand Forks SecondarySecondary2.2 km
Dr. D.A. Perley ElementaryElementary2.4 km
John A. Hutton ElementaryElementary2.5 km
Walker Development CentreSecondary2.6 km
Greenwood ElementaryElementary16.6 km
Christina Lake ElementaryElementary19.0 km
Boundary Central SecondarySecondary22.5 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.

School district: Boundary (SD51)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($4,150) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$66,400.00
Periodic payment — Principal & Interest (monthly)$428.39
Additional monthly expenses (strata, tax, utilities, etc.)$48.22
Total monthly cost$476.61
Interest paid over 5-yr term$19,030.43
Balance at end of term$59,727.01

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$4,150
Stress test qualifying rate8.09%
Payment you must qualify for$606.33

Cash Needed at Closing

Minimum down payment$4,150
Estimated BC PTT$830
Legal / closing costs (typical estimate)$1,500
Total cash needed$6,480

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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