Castlegar · V1N1G8
$7,034/mo
Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
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495 Columbia Avenue is a newly constructed mixed-use strata building prominently located along Columbia Avenue in downtown Castlegar. Built in 2017, the property consists of a professionally improved 3,853 SF commercial strata unit (also available for separate sale), including 1,966 SF on the main floor plus a finished basement, along with two modern ~980 SF 2-bedroom residential units on the second floor. The commercial space is fully built out for office or retail use and includes several private offices, a boardroom, kitchen, washroom, and flexible basement area, with the ability to lease portions independently to maximize income potential. The space features modern finishes, 9’ ceilings, and strong frontage along Columbia Avenue. The upper residential units offer dedicated covered parking, exclusive patios, ample storage, and access to a full backyard and garden area — a rare feature for comparable multifamily properties. Additional upside and functionality exists through the potential conversion of the front lawn into approximately 5–6 additional parking stalls. Approximately ~4,100 SF of surplus land area further exists at the rear of the site. The property offers stable residential income with flexibility for owner-occupancy in both the commercial and residential components, all within close proximity to City Hall, professional services, grocery, fitness, and other downtown amenities.
5,820 ft²
Floor area
2017
Year built
Other
Type
South Castlegar
Area
Listed
June 3, 2026
Nearby & Commute
6 min
walk to Kootenay Market
2h 21m
bike to Columbia Gardens
7h 50m
walk to Columbia Gardens
15h 48m
drive to downtown Vancouver
Estimated travel times. Map data © OpenStreetMap contributors.
Most listed
Detached · 40%
| Detached | 23 | 40.4% |
| Land | 18 | 31.6% |
| Other | 8 | 14.0% |
| Mobile home | 4 | 7.0% |
| Multi-family | 3 | 5.3% |
| Other | 1 | 1.8% |
| $15,000 to $19,999 | 10 | 4.5% |
| $20,000 to $24,999 | 10 | 4.5% |
| $25,000 to $29,999 | 5 | 2.3% |
| $30,000 to $34,999 | 10 | 4.5% |
| $35,000 to $39,999 | 20 | 9.1% |
| $40,000 to $44,999 | 15 | 6.8% |
| $45,000 to $49,999 | 10 | 4.5% |
| $50,000 to $59,999 | 20 | 9.1% |
| $60,000 to $69,999 | 10 | 4.5% |
| $70,000 to $79,999 | 20 | 9.1% |
| $80,000 to $89,999 | 15 | 6.8% |
| $90,000 to $99,999 | 10 | 4.5% |
| $100,000 to $124,999 | 25 | 11.4% |
| $125,000 to $149,999 | 15 | 6.8% |
| $150,000 to $199,999 | 15 | 6.8% |
| $200,000 and over | 10 | 4.5% |
A clearer view of the monthly and upfront costs connected to this home.
Monthly ownership costs
Estimated monthly total
Calculated estimate
$7,034
Principal and interest
Calculated estimate
$6,476
Property tax
Calculated estimate
$408/mo
Home insurance
Assumption
$150/mo
Purchase snapshot
List price
Listing data
$1,400,000
Down payment
Calculated estimate
$280,000 (20%)
Estimated mortgage
Calculated estimate
$1,120,000
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
$7,034
/mo
Rate
%
Amortization
Principal and interest
$6,476
Property tax (est.)
$408
P&I
Tax
Down payment
$280,000 (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 $280,000 down (20%) on $1,400,000, 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.
At 6.0283 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.
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.
