Property Type: Land / LotOwnership: Freehold

Lot A 23 Highway

Nakusp, BC V0G1R0

$475,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
4 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$1,400

Interior

Fireplace
None

Exterior & Lot

View
Lake view, Mountain view

Listing Information

MLS®
10327777
Listed
November 6, 2024
Time on market
On the market for 663 days
Data last synced
August 28, 2026

Listing provided by: Royal Lepage Selkirk Realty · Data source: CREA DDF.

Description

Newly subdivided 4 acres - perfect for a mixed use or residential development, or just a great property with beautiful views for your dream home! Close to town and all amenities. Property has been mostly cleared, nice building sites with mountain and lake views. Zoning allows for single family, duplex, multi-unit residential development, commercial venture including eating establishment, retail, storage........lots of possibilities! Municipal water, sewer connections at the back of the lot. Hydro at lot line. Approximately half the property at the back is sandy soil, then a bit of clay in one area, silty with some rock on the front half, and then rock at the front along the highway. (id:63159)

Location Insights

Weather

10°C

Humidity 97%

Wind ENE 3 km/h

Tonight

Tuesday

24°

Tuesday night

15°

Wednesday

20°

Wednesday night

12°

Thursday

16°

Source: Environment and Climate Change Canada.

Population

1,589

(2021 Census)

-1% since 2016

Density: 197.6/km²

Dwellings: 831

Median household income: $64,500

After-tax: $59,200

Immigrant population: 9.1%

Top countries of origin (% of total population)

  • United States of America2.2% · 35
  • United Kingdom2.2% · 35
  • Germany0.9% · 15
  • Netherlands0.9% · 15

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Nakusp SecondarySecondary1.2 km
Nakusp ElementaryElementary1.4 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: Arrow Lakes (SD10)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($23,750) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$380,000.00
Periodic payment — Principal & Interest (monthly)$2,451.63
Additional monthly expenses (strata, tax, utilities, etc.)$116.67
Total monthly cost$2,568.30
Interest paid over 5-yr term$108,909.09
Balance at end of term$341,811.23

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$23,750
Stress test qualifying rate8.09%
Payment you must qualify for$3,469.95

Cash Needed at Closing

Minimum down payment$23,750
Estimated BC PTT$7,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$32,750

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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