Property Type: Land / LotOwnership: Freehold

Lot 7 ANNABLE Road

Nelson, BC V1L6K5

$799,000

Get Directions

Property Details

Property & Lot

Sub-type
Other
Lot size
53.24 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$2,289

Interior

Fireplace
None

Listing Information

MLS®
10374702
Listed
February 6, 2026
Time on market
On the market for 206 days
Data last synced
August 28, 2026

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

Description

This 53.24 acre development property is on two titles and includes approximately 3,300 m3 of merchantable timber. A timber cruise is available. The current zoning is R2 & R3 Country/Rural Residential. The Official Community Plan foresees a mix of 1 & 2 hectare country residential lots. There are several properties in the neighbourhood under one acre. Power is available along Annable Road. Shannon Creek crosses the western parcel on the southern boundary. A power line right of way crosses southwest to northeast near the property boundaries between the two titles. Lakeview?s are possible from parts of the property. This is a popular location close to downtown Nelson and most properties are developed with larger and architecturally pleasing homes. (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.

Nearby Schools

SchoolTypeDistance
des Sentiers-alpinsElementary/Middle2.4 km
Nelson Christian Community School(Independent)Elementary/Middle6.1 km
Secondaire de NelsonSecondary6.7 km
L V Rogers SecondarySecondary6.7 km
Hume Elementary SchoolElementary6.8 km
South Nelson ElementaryElementary8.2 km
St Joseph School(Independent)Elementary/Middle8.3 km
Trafalgar Middle SchoolMiddle8.4 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: 6.9% ($54,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$639,200.00
Periodic payment — Principal & Interest (monthly)$4,123.90
Additional monthly expenses (strata, tax, utilities, etc.)$190.75
Total monthly cost$4,314.65
Interest paid over 5-yr term$183,196.56
Balance at end of term$574,962.47

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$54,900
Stress test qualifying rate8.09%
Payment you must qualify for$5,721.87

Cash Needed at Closing

Minimum down payment$54,900
Estimated BC PTT$13,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$70,380

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.

Request more information