Property Type: Land / LotOwnership: Freehold

Lot 56 Charles Street

Elko, BC V0B1T3

$225,000

Get Directions

Property Details

Property & Lot

Sub-type
Other
Lot size
0.85 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$789

Interior

Fireplace
None

Listing Information

MLS®
10356833
Listed
July 21, 2025
Time on market
On the market for 406 days
Data last synced
August 28, 2026

Listing provided by: RE/MAX Blue Sky Realty · Data source: CREA DDF.

Description

Yes you can! A home for your RV with no time commitment to build! And I hear you thinking - ""Finally""! This property is zoned and not in the ALR. Oh what you can do with 0.85 of an acre in the heart of recreation country with a drilled well producing 12 US GPM. Just 15 minutes to Fernie Ski hill and Lake Koocanusa and under an hour to Cranbrook. GST is in addition to the price. (id:63159)

Location Insights

Weather

Nearest station: Crowsnest

6°C

Humidity 88%

Wind ESE 2 km/h

Tonight

Tuesday

25°

Tuesday night

13°

Wednesday

23°

Wednesday night

10°

Thursday

18°

Source: Environment and Climate Change Canada.

Nearby Schools

SchoolTypeDistance
Jaffray Elem-Jr SecondaryElementary/Middle15.9 km
Sophie-MorigeauElementary20.9 km
The Fernie Academy(Independent)K-1222.3 km
Isabella Dicken ElementaryElementary23.2 km
Fernie SecondaryK-1223.6 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.

School district: South East Kootenay (SD5)

Similar Listings Nearby

Similar active properties nearby based on property type, price, and size.

Explore More Homes

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($11,250) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$180,000.00
Periodic payment — Principal & Interest (monthly)$1,161.30
Additional monthly expenses (strata, tax, utilities, etc.)$65.75
Total monthly cost$1,227.05
Interest paid over 5-yr term$51,588.52
Balance at end of term$161,910.58

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$11,250
Stress test qualifying rate8.09%
Payment you must qualify for$1,643.66

Cash Needed at Closing

Minimum down payment$11,250
Estimated BC PTT$2,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$15,250

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.

Request more information