Property Type: Land / LotOwnership: Freehold

Lot 7 Richie Road

Rossland, BC V0G1Y0

$445,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
8.32 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Strata / maintenance fee
$87/mo
Annual property tax
$0

Interior

Fireplace
None

Listing Information

MLS®
10368767
Listed
November 6, 2025
Time on market
On the market for 298 days
Data last synced
August 28, 2026

Listing provided by: Century 21 Kootenay Homes (2018) Ltd · Data source: CREA DDF.

Description

Enjoy panoramic views of the Columbia River Valley and the striking mountain landscape from this exceptional acreage. Tucked away on a quiet no-through road, this property offers the perfect mix of privacy, peace, and natural beauty. Outdoor enthusiasts will love the nearby walking and biking trails, while the convenient location—just 9 minutes from downtown Rossland and 4 minutes from Red Mountain—means you’re never far from shopping, dining, or world-class recreation. This well-planned development features a shared septic system, identified building sites, and reliable year-round access. With minimal light pollution, evenings here are truly magical—whether you’re gazing at the stars, capturing the night sky through your lens, or simply enjoying the stillness of nature. Create your dream home or mountain getaway in this stunning, serene setting surrounded by the best of the Kootenays. (id:63159)

Location Insights

Weather

Nearest station: Trail

18°C

Humidity 50%

Wind NNW 2 km/h

Tonight

10°

Tuesday

27°

Tuesday night

13°

Wednesday

20°

Wednesday night

12°

Thursday

18°

Source: Environment and Climate Change Canada.

Population

4,140

(2021 Census)

+11% since 2016

Density: 69.3/km²

Dwellings: 2,075

Median household income: $96,000

After-tax: $85,000

Immigrant population: 11.7%

Top countries of origin (% of total population)

  • United Kingdom3.4% · 140
  • United States of America1.7% · 70
  • Germany1.3% · 55
  • South Africa, Republic of0.7% · 30
  • Poland0.2% · 10

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Rossland Summit SchoolElementary/Middle2.9 km
des Sept-sommetsElementary/Middle3.1 km
James L Webster ElementaryElementary4.0 km
St Michael's Elementary(Independent)Elementary6.9 km
J Lloyd Crowe SecondaryElementary7.1 km
Kootenay Columbia SecondarySecondary7.5 km
Glenmerry ElementaryElementary9.8 km
Fruitvale ElementaryElementary18.3 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% ($22,250) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$356,000.00
Periodic payment — Principal & Interest (monthly)$2,296.79
Additional monthly expenses (strata, tax, utilities, etc.)$87.23
Total monthly cost$2,384.02
Interest paid over 5-yr term$102,030.62
Balance at end of term$320,223.15

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$22,250
Stress test qualifying rate8.09%
Payment you must qualify for$3,250.80

Cash Needed at Closing

Minimum down payment$22,250
Estimated BC PTT$6,900
Legal / closing costs (typical estimate)$1,500
Total cash needed$30,650

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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