Lot B Mill Street
Nelson, BC V1L4T4
$225,000
Property Details
Property & Lot
- Sub-type
- Other
- Lot size
- 0.15 acres
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $0
Interior
- Fireplace
- None
Listing Information
- MLS®
- 10375377
- Listed
- February 11, 2026
- Time on market
- On the market for 201 days
- Data last synced
- August 28, 2026
Listing provided by: Sotheby's International Realty Canada · Data source: CREA DDF.
Description
Opportunity Knocks in Nelson's Coveted Mill Street Area! Discover the potential of Lot B on Mill Street, a prime piece of real estate in the vibrant ski town of Nelson, BC. This R1 zoned lot offers a rare combination of lifestyle and location to explore Nelson's renowned outdoor adventures and charming downtown. Build a duplex or a home plus a laneway home for your Nanny, In laws or a rental, Short term rentals allowed. Embrace the outdoors with effortless access to a network of trails right near your doorstep. The fantastic Great Northern Rail Trail system is also conveniently close by, ideal for biking, walking, and enjoying the stunning scenery. Leave the car behind and enjoy a leisurely walk to downtown Nelson, where you'll find a delightful array of shops, restaurants, cafes, and cultural attractions. The peaceful location offers a welcome retreat while keeping you connected to the heart of the city This lovely, quiet location offers the perfect blend of tranquility and convenience. Essential services are readily available. Don't miss this exceptional opportunity to secure a versatile property in one of BC's most sought-after towns! Adjoining Lot C will also be available soon. Imagine! (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.
Location Accessibility
Our own metric — not an official Walk Score®.
Amenities
19
5/9 categories nearby
Transit
—
Not enough data yet
How this is calculated
Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.
Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.
Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| South Nelson Elementary | Elementary | 515 m |
| Trafalgar Middle School | Middle | 671 m |
| St Joseph School(Independent) | Elementary/Middle | 797 m |
| Hume Elementary School | Elementary | 928 m |
| Reach | Secondary | 965 m |
| Wildflower | Elementary/Middle | 965 m |
| L V Rogers Secondary | Secondary | 1.1 km |
| Secondaire de Nelson | Secondary | 1.1 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.
Nearby Places
Restaurants (3)
- BiBo723 m
- All Seasons Cafe750 m
- Kootenay Tamil Kitchen · 660 Baker Street777 m
Cafes (1)
- SideWinders752 m
Grocery (1)
- Kootenay co-op · 777 Vernon Street723 m
Parks (2)
- Gyro Park559 m
- Hall Street Park701 m
Pharmacies (1)
- Pharmasave770 m
Nearby places data: © OpenStreetMap contributors.
School district: Kootenay Lake (SD8)
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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
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.