Property Type: Land / LotOwnership: Freehold

Lot 4 Alexander Road

Nakusp, BC V0G1R1

$399,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
9.7 acres
Frontage
330 feet

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$709

Interior

Fireplace
None

Exterior & Lot

View
Mountain view
Waterfront
Waterfront on stream

Restrictions & Policies

Pets
Allowed

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Listing Information

MLS®
10380473
Listed
March 23, 2026
Time on market
On the market for 161 days
Data last synced
August 28, 2026

Listing provided by: Royal Lepage Selkirk Realty · Data source: CREA DDF.

Description

Rare 9.7 acre property just outside of the Village limits of Nakusp, on Alexander Road. There is approximately 2 acres of cleared land with pasture and fruit trees and the balance is comprised of mature timber with some value. This acreage has an unobstructed, awesome, mountain view waiting for a get-a-way cabin or a new residence. The property has a gentle slope, is west facing with great sun exposure, 5 minutes to downtown Nakusp. There is an older workshop on the property. Power, phone and water are at the property line. Close to great hiking on the old Hot Springs trail, going up the south side of Kuskunax Creek. Come and discover this gem of a property! (id:63159)

Location Insights

Weather

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.

Population

1,589

(2021 Census)

-1% since 2016

Density: 197.6/km²

Dwellings: 831

Median household income: $64,500

After-tax: $59,200

Immigrant population: 9.1%

Top countries of origin (% of total population)

  • United States of America2.2% · 35
  • United Kingdom2.2% · 35
  • Germany0.9% · 15
  • Netherlands0.9% · 15

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Nakusp ElementaryElementary1.9 km
Nakusp SecondarySecondary2.0 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)

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Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($19,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$319,200.00
Periodic payment — Principal & Interest (monthly)$2,059.37
Additional monthly expenses (strata, tax, utilities, etc.)$59.08
Total monthly cost$2,118.45
Interest paid over 5-yr term$91,483.64
Balance at end of term$287,121.43

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$19,950
Stress test qualifying rate8.09%
Payment you must qualify for$2,914.76

Cash Needed at Closing

Minimum down payment$19,950
Estimated BC PTT$5,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$27,430

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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