Property Type: Land / LotOwnership: Freehold

Lot 5 ATBARA

Nelson, BC V1L6M8

$449,900

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Property Details

Property & Lot

Sub-type
Other
Lot size
9.95 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$3,459

Interior

Fireplace
None

Exterior & Lot

Waterfront
Waterfront on lake

Listing Information

MLS®
10341112
Listed
March 29, 2025
Time on market
On the market for 520 days
Data last synced
August 28, 2026

Listing provided by: RE/MAX All Pro Realty · Data source: CREA DDF.

Description

Welcome to an extraordinary opportunity to own 9.95 acres of private, off-grid waterfront property on the pristine shores of Kootenay Lake, just 9 miles from Nelson. This stunning, level, and treed parcel offers a truly unique setting to escape the everyday hustle and immerse yourself in nature. Located in the charming, historical community of Atbara, this property is the perfect recreational retreat or the ideal spot to build your off-the-grid home away from home. With approximately 500 feet of sandy waterfront, the gentle slope of the lake offers easy access for swimming, water play, kayaking, canoeing, paddle boarding, or simply relaxing on the water. The serene surroundings make this the perfect place to enjoy summer activities with family and friends, all while soaking in breathtaking views of the lake and surrounding forest. The property is accessible by boat, with no direct road access, adding to its privacy and seclusion. Some neighboring properties have already built their cabins, creating a small community of like-minded individuals seeking peace and tranquility. The land is located near Lasca Creek, enhancing the area’s natural beauty and recreational potential. For those looking to embrace a sustainable lifestyle, this property is ideal for utilizing a gas generator or even creating your own solar-powered system. The floodplain designation will need to be considered when planning any development, but the location offers a truly rare opportunity to create a getaway retreat that feels worlds away, yet is just a short boat ride from Nelson. Whether you want to build a recreational cabin, camp, or simply enjoy the natural beauty, this property is an absolute gem. With the perfect balance of seclusion and convenience, it’s the ideal canvas for your next adventure. Don’t miss out on this incredible chance to own a piece of paradise on Kootenay Lake! (id:63159)

Location Insights

Weather

16°C

Humidity 65%

Wind E 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.

Nearby Schools

SchoolTypeDistance
des Sentiers-alpinsElementary/Middle4.8 km
Redfish Elementary SchoolElementary8.9 km
Nelson Christian Community School(Independent)Elementary/Middle12.3 km
L V Rogers SecondarySecondary12.9 km
Secondaire de NelsonSecondary12.9 km
Hume Elementary SchoolElementary13.2 km
South Nelson ElementaryElementary14.5 km
Trafalgar Middle SchoolMiddle14.7 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 Lake (SD8)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($22,495) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$359,920.00
Periodic payment — Principal & Interest (monthly)$2,322.08
Additional monthly expenses (strata, tax, utilities, etc.)$288.25
Total monthly cost$2,610.33
Interest paid over 5-yr term$103,154.11
Balance at end of term$323,749.20

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$22,495
Stress test qualifying rate8.09%
Payment you must qualify for$3,286.59

Cash Needed at Closing

Minimum down payment$22,495
Estimated BC PTT$6,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$30,993

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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