- Active
397 Park Avenue
Procter · Vacant Land
Listed by Fair Realty (Kaslo) · MLS® 10371760
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Sign inAbout this home
Leave the pace of the city behind and settle into the relaxed lakeside lifestyle of Kootenay Village in Procter, BC. Located just 30 minutes from Nelson, this prime waterfront lot offers approximately 0.28 acres with beautiful lake and mountain views in a peaceful, well-established community. Utilities are available, and the property benefits from access to shared community amenities. Surrounding you are walking trails, community parks and gardens, and a beach park just steps away, making it easy to enjoy the outdoors year-round. Set along the shores of Kootenay Lake and backed by an ancient forest, Kootenay Village is known for its natural beauty and sense of community. The property includes approved reduced setbacks from the water, offering enhanced privacy and flexibility for future development. Significant site work has already been completed, including a retaining wall and beach rock shoreline, helping move your building plans forward. This is an excellent opportunity to create a custom lakeside home or retreat in one of the West Kootenays’ most desirable waterfront communities.
Home facts
- Property type
- Vacant Land
- Area
- Harrop/Procter
- Listed
- January 7, 2026
- Structure
- Other
- PID
- 027-785-122
- Common interest
- Freehold
Highlights
- Mountain view
- Waterfront
Rooms and building
- Sewer
- Septic tank
- Water
- Community Water User's Utility
- Utilities
- Water, Electricity, Telephone
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
- $1,313
- Property tax
- $83/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $1,546
Purchase snapshot
- List price
- $277,000
- Down payment
- $55,400 (20%)
- Estimated mortgage
- $221,600
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
For investors
As a rental
- Estimated rent
- $840 a month
- Gross yield
- 3.6%
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 · 50%
Who lives here
Documents
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