- Active
1008 OBSERVATORY Street
Nelson · Single Family
- Beds
- 3
- Baths
- 2
- Sqft
- 1,389
- Built
- 1935
Listed by Royal LePage Rosling Realty · MLS® 10400483
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Sign inAbout this home
Beautifully updated Nelson character home, set on a lovely landscaped lot with great views, inviting outdoor spaces, and convenient off street parking. Heritage appeal is thoughtfully paired with modern improvements, including a newer metal roof, an updated kitchen with stainless-steel appliances and concrete countertops, a spacious bathroom, newer flooring and more. The main space offers three bedrooms, with two upstairs and one conveniently located on the main level plus an unfinished basement. A standout feature is a newer cozy studio-suite addition, ideal for guests, creative space or extended family. The studio is bright and inviting, with high ceilings, a full bathroom, a kitchenette, a loft area, concrete flooring with in-floor heating and custom iron work railings. Outside, enjoy a well kept front and back yard with room to relax, garden, and entertain. The private backyard includes a fenced garden area, greenhouse and sauna. Located in Uphill close to the Rail Trail and an abundance of outdoor recreation including fantastic biking and hiking.
Home facts
- Bedrooms
- 3
- Bathrooms
- 2 full
- Interior
- 1,389 sq ft
- Year built
- 1935
- Storeys
- 2
- Parking
- 2
- Property type
- Single Family
- Basement
- Full
- Area
- Nelson
- Listed
- September 17, 2026
- Structure
- House
- PID
- 012-051-195
- Common interest
- Freehold
Highlights
- Private yard
- Sauna
- High ceilings
Features and inclusions
- Heating
- Forced air, See remarks, Other
- Roof
- Metal, Unknown
- Parking
- Rear
Rooms and building
- Sewer
- Municipal sewage system
- Water
- Municipal water
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
Monthly and upfront costs
Uses the posted 5-year rate (5.19%), 20% down and a 25-year amortization.
Monthly ownership costs
- Principal and interest
- $3,550
- Property tax
- $217/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $3,917
Purchase snapshot
- List price
- $749,000
- Down payment
- $149,800 (20%)
- Estimated mortgage
- $599,200
Estimates only. They leave out utilities, upkeep and closing costs.
Borrowing costs
What money costs right now
The rates behind any payment estimate on this page.
- Prime rate
- 4.45%
- Variable mortgages are quoted against this.
- 5 year bond yield
- 3.68%
- Fixed mortgage pricing follows this.
- Policy rate
- 2.25%
- Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
Source: Bank of Canada. As of 2026-09-29
Property tax
What the tax bill looks like
Municipal, regional, hospital and school rates combined.
- Estimated annual tax
- $4,977
- At 6.6447 per $1,000 of assessed value.
Estimated by applying the municipal rate to the asking price. Your actual bill is based on the BC Assessment value, which is set separately and usually differs from the sale price. Home owner grants are not included.
Source: Province of British Columbia, Local Government Statistics Schedule 702, 2026. As of 2026-01-01
Neighbourhood
Estimated travel times. Map data © OpenStreetMap contributors.
Land and hazards
What the maps say about this land
Provincial designations and mapped natural hazards at this location.
- Wildfire interface
- Extreme risk
- In a mapped wildland-urban interface zone. Affects insurance and FireSmart requirements.
Based on where this point falls in provincial map layers, not a site survey or a formal hazard assessment. Confirm with the municipality, a professional, and your insurer before relying on it.
Source: BC Geographic Warehouse (Agricultural Land Commission, BC Wildfire Service)
Most listed
Detached · 52%
Who lives here
Documents
Pick the records you want. Ray Rasouli will email what the listing brokerage shares.
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