Property Type: Land / LotOwnership: Freehold

Lot 2 Highway 6

Nelson, BC V1L5J5

$699,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
159.8 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$2,999.05

Interior

Fireplace
None

Exterior & Lot

View
Mountain view, Valley view, View (panoramic)

Listing Information

MLS®
10396555
Listed
July 31, 2026
Time on market
On the market for 31 days
Data last synced
August 28, 2026

Listing provided by: Landquest Realty Corporation · Data source: CREA DDF.

Description

Only 5 minutes south of Nelson. 159.8 acre with NO ZONING. Crystal Clear ""Giveout Creek"" runs through the southeast side of the property & provides Micro-Hydro potential. Salmo-Troup Rail Trail runs through. The creek is non-fish bearing and there is approximately 400 feet of elevation drop within the property making a micro-hydro system for your home or cabin a real possibility. Recently logged, but non-merchantable timber remains. Property slopes from west to east with several flat bench areas that would be suitable for building. The property has spectacular views to both the north over the city of Nelson and to the south over Cottonwood Lake and the mountains beyond. Great climate for gardening/self-sufficient living. (id:63159)

Location Insights

Weather

13°C

Humidity 80%

Wind ESE 4 km/h

Tonight

10°

Tuesday

27°

Tuesday night

13°

Wednesday

20°

Wednesday night

12°

Thursday

18°

Source: Environment and Climate Change Canada.

Population

11,106

(2021 Census)

+5.1% since 2016

Density: 930.9/km²

Dwellings: 5,314

Median household income: $72,500

After-tax: $65,500

Immigrant population: 15.1%

Top countries of origin (% of total population)

  • United States of America3.5% · 390
  • United Kingdom3.3% · 365
  • Philippines0.8% · 85
  • Germany0.6% · 65
  • Italy0.6% · 65
  • India0.5% · 55
  • Netherlands0.4% · 40
  • South Africa, Republic of0.3% · 35

Source: Statistics Canada, 2021 Census of Population.

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

SchoolTypeDistance
Rosemont Elementary SchoolElementary662 m
Trafalgar Middle SchoolMiddle830 m
WildflowerElementary/Middle844 m
ReachSecondary844 m
St Joseph School(Independent)Elementary/Middle884 m
South Nelson ElementaryElementary983 m
Hume Elementary SchoolElementary2.4 km
L V Rogers SecondarySecondary2.6 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 (4)

  • Lion's Uphill Park257 m
  • Rosemont Bike Park667 m
  • Art Gibbon's Park716 m
  • Cottonwood Falls Park764 m

Nearby places data: © OpenStreetMap contributors.

School district: Kootenay Lake (SD8)

Mortgage & Ownership Cost Calculator

Minimum required: 6.4% ($44,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$559,200.00
Periodic payment — Principal & Interest (monthly)$3,607.77
Additional monthly expenses (strata, tax, utilities, etc.)$249.92
Total monthly cost$3,857.69
Interest paid over 5-yr term$160,268.33
Balance at end of term$503,002.21

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$44,900
Stress test qualifying rate8.09%
Payment you must qualify for$5,029.80

Cash Needed at Closing

Minimum down payment$44,900
Estimated BC PTT$11,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$58,380

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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