- Active
#207 – 514 VICTORIA Street
Nelson · Single Family
- Beds
- 1
- Baths
- 1
- Sqft
- 593
- Built
- 2023
Listed by eXp Realty · MLS® 10381704
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Sign inAbout this home
This urban-chic building and Victoria Street location provide easy access to a vibrant community with shops, restaurants, and cultural attractions, making it convenient for social activities and leisure. The compact living space of this 1 bed/1 bath unit encourages a simpler lifestyle, reducing clutter and upkeep. Bright, efficient and modern-design space is perfect for a single or couple looking to downsize, simplify or simply get into the Nelson market and start building equity. Additionally, 207 has a private south-facing patio, laundry in-suite and comes with building amenities including lounge, rooftop patio space and secure bike storage, enhancing the overall condo living experience. 207 is ideally situated for pet owners, with direct exterior access from the hallway to the rear exit of the building, without the need for stairs. The close-knit community in downtown Nelson fosters a sense of belonging and allows for easy connections with neighbours and friends.
Home facts
- Bedrooms
- 1
- Bathrooms
- 1 full
- Interior
- 593 sq ft
- Year built
- 2023
- Storey
- 1
- Property type
- Single Family
- Area
- Nelson
- Style
- Other
- Listed
- April 1, 2026
- Structure
- Apartment
- PID
- 031-908-675
- Common interest
- Condo/Strata
Highlights
- Rooftop deck
- Patio
- Bike storage
Features and inclusions
- Appliances
- Washer, Refrigerator, Dishwasher, Range, Dryer, Microwave
- Heating
- Baseboard heaters
- Parking
- Surfaced
- Lot
- One Balcony
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
- $2,033
- Property tax
- $125/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $2,308
Purchase snapshot
- List price
- $429,000
- Down payment
- $85,800 (20%)
- Estimated mortgage
- $343,200
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
- $2,851
- 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
For investors
As a rental
- Estimated rent
- $819 a month
- Gross yield
- 2.3%
Estimated rent from Statistics Canada rents for this area, scaled to the bedrooms. Gross yield is 12 months of that rent over the asking price, before costs.
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 · 55%
Who lives here
Documents
Pick the records you want. Ray Rasouli will email what the listing brokerage shares.
Availability is not guaranteed. Review documents with a professional.
