Lot 8 Arrow Lakes Drive
Castlegar, BC V1N3N3
$259,000
Property Details
Property & Lot
- Sub-type
- Other
- Lot size
- 28.11 acres
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $0
Interior
- Fireplace
- None
Listing Information
- MLS®
- 10392941
- Listed
- July 4, 2026
- Time on market
- On the market for 58 days
- Data last synced
- August 28, 2026
Listing provided by: REMAX Kelowna · Data source: CREA DDF.
Description
Rare opportunity to own a property over 28 acres, ideally located on Arrow Lakes Drive just minutes from Castlegar. Offering flexibility for a wide range of uses, this expansive land package is perfect for those seeking privacy, recreation, or development potential. R3 Zoning allows for potential subdivision into 5-acre parcels (buyer to verify with local authorities), making this an excellent option for developers or investors. Alternatively, create your own private retreat surrounded by nature in the beautiful West Kootenays. Properties like this are becoming increasingly rare—secure your future in this desirable and growing area. Key Features: A parcel totaling 28+ acres; Prime location just outside Castlegar city limits; Zoned for potential 5-acre subdivision (buyer to verify); Development, recreational, or estate home potential; Minutes to Arrow Lake, hiking trails, and local amenities. Don’t miss this unique investment or lifestyle opportunity! (id:63159)
Location Insights
Weather
13°C
Mainly Clear
Humidity 83%
Wind E 3 km/h
Tonight
10°
Tuesday
27°
Tuesday night
13°
Wednesday
20°
Wednesday night
12°
Thursday
18°
Source: Environment and Climate Change Canada.
Population
8,338
(2021 Census)
+3.7% since 2016
Density: 419.6/km²
Dwellings: 3,702
Median household income: $81,000
After-tax: $73,000
Immigrant population: 8.6%
Top countries of origin (% of total population)
- United Kingdom1.9% · 155
- United States of America1.1% · 95
- Portugal0.7% · 55
- Italy0.5% · 40
- India0.4% · 35
- Jamaica0.4% · 30
- Philippines0.4% · 30
- Russian Federation0.3% · 25
Source: Statistics Canada, 2021 Census of Population.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Robson Community School | Elementary | 739 m |
| Stanley Humphries Secondary | Secondary | 2.7 km |
| Twin Rivers Elementary | Elementary | 2.8 km |
| Kinnaird Elementary | Elementary | 5.4 km |
| Sequoia Centre | Secondary | 16.7 km |
| Brent Kennedy Elementary | Elementary | 16.8 km |
| Mount Sentinel Secondary | K-12 | 17.4 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-Columbia (SD20)
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Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($12,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.