Property Type: Land / LotOwnership: Freehold

Spance Road Lot# Lots 17-23

Trail, BC V1R4X3

$989,900

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Property Details

Property & Lot

Sub-type
Other
Lot size
76.26 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$5,075.13

Interior

Fireplace
None

Listing Information

MLS®
10386583
Listed
May 7, 2026
Time on market
On the market for 116 days
Data last synced
August 28, 2026

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

Description

Incredible 76.26 acres of land zoned RUR1 only 10 minutes from Downtown Trail. 7 separate lots ranging from 8.99 acres to 12.84 acres being sold as one package for future development. Paved city road access to a paved cul-de-sac fronting the property, with a large flat bench and the ability to access all 7 lots with a new road and right of way through the property. Listed for sale at under the total BC Assessed values of all seven lots. Great development potential for the future. (id:63159)

Location Insights

Weather

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

7,920

(2021 Census)

+2.7% since 2016

Density: 226.9/km²

Dwellings: 3,973

Median household income: $68,000

After-tax: $61,600

Immigrant population: 9.2%

Top countries of origin (% of total population)

  • United Kingdom1.8% · 145
  • United States of America1.2% · 95
  • Italy1.2% · 95
  • India0.8% · 60
  • Philippines0.6% · 50
  • Germany0.5% · 40
  • China0.4% · 30
  • Hungary0.2% · 15

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Glenmerry ElementaryElementary1.2 km
Kootenay Columbia SecondarySecondary3.0 km
J Lloyd Crowe SecondaryElementary3.6 km
St Michael's Elementary(Independent)Elementary3.7 km
James L Webster ElementaryElementary6.5 km
Fruitvale ElementaryElementary8.4 km
des Sept-sommetsElementary/Middle10.4 km
Rossland Summit SchoolElementary/Middle10.6 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)

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 7.5% ($73,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$791,920.00
Periodic payment — Principal & Interest (monthly)$5,109.20
Additional monthly expenses (strata, tax, utilities, etc.)$422.93
Total monthly cost$5,532.13
Interest paid over 5-yr term$226,966.55
Balance at end of term$712,334.60

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$73,990
Stress test qualifying rate8.09%
Payment you must qualify for$7,043.03

Cash Needed at Closing

Minimum down payment$73,990
Estimated BC PTT$17,798
Legal / closing costs (typical estimate)$1,500
Total cash needed$93,288

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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