Rossland · V0G1Y0
$24,249/mo
Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
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Available for sale is the Rock Cut Development Lands - located at 3052 Nancy Greene Highway (Highway 3B) in Rossland, BC, and representing a premier development opportunity between the iconic RED Mountain Resort (2 mins) and Downtown Rossland (5 mins). Comprising a total of 6.53 acres across two parcels, the Site is efficiently positioned along Highway 3B, featuring an existing access point from Site A (see brochure), with a legal secondary access point also benefiting Site B. Site A is currently improved with The Rock Cut Pub, generating attractive net holding income of +$61,590 for the benefit of a developer. In addition to the existing commercial zoning on the ~0.72-acres of pub lands, the Site offers flexible residential zoning entitlements, including up to +53 townhomes or +106 apartment/hotel units (<50 sqm), and rare commercial short-term rental zoning. RED Mountain has recently repositioned itself with an ambitious expansion plan, both to expand the resort’s recreation and amenity offerings, as well as significant residential development, with multiple new condominium projects demanding pricing in excess of +$1,000 PSF for 1-bedroom units. RED Mountain is located in the West Kootenay region of the BC Interior, representing one of Canada’s top four-season recreational tourism destinations, attracting visitors and investors from all over North America. Prospective purchasers should download the brochure at the link below for more information.
Vacant Land
Type
Rossland
Area
Listed
March 10, 2026
Nearby & Commute
2 min
walk to Ferarro Foods
1h 11m
bike to Columbia Gardens
3h 55m
walk to Columbia Gardens
15h 29m
drive to downtown Vancouver
Estimated travel times. Map data © OpenStreetMap contributors.
Most listed
Detached · 47%
| Detached | 30 | 46.9% |
| Land | 20 | 31.3% |
| Condo / Apartment | 8 | 12.5% |
| Townhouse | 2 | 3.1% |
| Duplex | 1 | 1.6% |
| Other | 3 | 4.7% |
| $20,000 to $24,999 | 5 | 1.7% |
| $25,000 to $29,999 | 10 | 3.4% |
| $30,000 to $34,999 | 5 | 1.7% |
| $35,000 to $39,999 | 15 | 5.2% |
| $40,000 to $44,999 | 15 | 5.2% |
| $45,000 to $49,999 | 15 | 5.2% |
| $50,000 to $59,999 | 15 | 5.2% |
| $60,000 to $69,999 | 25 | 8.6% |
| $70,000 to $79,999 | 15 | 5.2% |
| $80,000 to $89,999 | 25 | 8.6% |
| $90,000 to $99,999 | 15 | 5.2% |
| $100,000 to $124,999 | 40 | 13.8% |
| $125,000 to $149,999 | 30 | 10.3% |
| $150,000 to $199,999 | 35 | 12.1% |
| $200,000 and over | 25 | 8.6% |
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A clearer view of the monthly and upfront costs connected to this home.
Monthly ownership costs
Estimated monthly total
Calculated estimate
$24,249
Principal and interest
Calculated estimate
$22,665
Property tax
Calculated estimate
$1,433/mo
Home insurance
Assumption
$150/mo
Purchase snapshot
List price
Listing data
$4,900,000
Down payment
Calculated estimate
$980,000 (20%)
Estimated mortgage
Calculated estimate
$3,920,000
Estimates update with the mortgage controls below. They do not include utilities, maintenance, legal fees, or other closing costs.
Mortgage estimate
Metro averages
Est. monthly total
$24,249
/mo
Rate
%
Amortization
Principal and interest
$22,665
Property tax (est.)
$1,433
P&I
Tax
Down payment
$980,000 (20%)
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Jessica specialises in residential financing across Greater Vancouver, helping buyers secure competitive rates and navigate complex purchases with clarity.
Jessica Kuan
Licensed Mortgage Broker
This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $980,000 down (20%) on $4,900,000, Canadian semi-annual compounding. Property tax estimated at Greater Vancouver metro average. No strata fee on record for this listing. Home insurance, land transfer tax, and closing costs are not included. Consult a licensed mortgage professional for personalised advice. Mortgage professionals featured here are independent licensed brokers. Ray Rasouli may receive a referral fee if you choose to work with one. You are under no obligation to use any recommended provider. Full disclosure.
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.
At 7.9234 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.
Variable mortgages are quoted against this.
Fixed mortgage pricing follows this.
Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
