Property Type: Land / LotOwnership: Freehold

Lot 3 WATERLOO Road

Castlegar, BC V1N4K8

$265,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.5 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$1,704

Interior

Fireplace
None

Exterior & Lot

View
Mountain view, River view, Valley view
Waterfront
Waterfront on river

Listing Information

MLS®
10377258
Listed
March 2, 2026
Time on market
On the market for 182 days
Data last synced
August 28, 2026

Listing provided by: Fair Realty (Nelson) · Data source: CREA DDF.

Description

Riverfront half acre with a much sought after OID water hook-up! This may very well be the last opportunity to become an owner of a blank slate vacant lot along the Ootischenia waterfront. Bring your creative construction ideas to help take advantage of all the amazingness River dwellers experience on a daily basis...the constant flow of water and birdlife help keep one grounded and provide a much needed disconnect from the madding crowd...unlike the River, don't let this opportunity pass you by! (id:63159)

Location Insights

Weather

Mainly Clear

17°C

Mainly Clear

Humidity 66%

Wind NNW 4 km/h

Tonight

10°

Tuesday

27°

Tuesday night

13°

Wednesday

20°

Wednesday night

12°

Thursday

18°

Source: Environment and Climate Change Canada.

Population

8,338

(2021 Census)

+3.7% since 2016

Density: 419.6/km²

Dwellings: 3,702

Median household income: $81,000

After-tax: $73,000

Immigrant population: 8.6%

Top countries of origin (% of total population)

  • United Kingdom1.9% · 155
  • United States of America1.1% · 95
  • Portugal0.7% · 55
  • Italy0.5% · 40
  • India0.4% · 35
  • Jamaica0.4% · 30
  • Philippines0.4% · 30
  • Russian Federation0.3% · 25

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Kinnaird ElementaryElementary2.0 km
Stanley Humphries SecondarySecondary5.4 km
Twin Rivers ElementaryElementary5.4 km
Robson Community SchoolElementary8.1 km
Fruitvale ElementaryElementary19.2 km
J Lloyd Crowe SecondaryElementary19.5 km
Glenmerry ElementaryElementary19.6 km
St Michael's Elementary(Independent)Elementary19.7 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: Kootenay-Columbia (SD20)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($13,250) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$212,000.00
Periodic payment — Principal & Interest (monthly)$1,367.75
Additional monthly expenses (strata, tax, utilities, etc.)$142.00
Total monthly cost$1,509.75
Interest paid over 5-yr term$60,759.81
Balance at end of term$190,694.69

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$13,250
Stress test qualifying rate8.09%
Payment you must qualify for$1,935.87

Cash Needed at Closing

Minimum down payment$13,250
Estimated BC PTT$3,300
Legal / closing costs (typical estimate)$1,500
Total cash needed$18,050

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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