Nelson · V1L6S2
$3,573/mo
Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
Schedule private showing
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This waterfront property has been cherished by the same family for generations and is now ready for a new owner to bring their vision to life. Being sold as is, where is, this property offers incredible potential for someone looking to create their dream Kootenay retreat. Situated on 0.43 of an acre with approximately 96 feet of waterfront and a sandy beach, this property is almost fully fenced — ideal for pets or children. Spend your summers swimming off the dock, boating, kayaking, paddleboarding, or fishing just minutes from the main lake. The home features an open-concept layout with breathtaking lake and mountain views, a wraparound deck, main floor primary bedroom with ensuite, and convenient access to a 2-piece bathroom from the side entrance. The daylight basement includes two additional bedrooms, a 3-piece bathroom, family room with cozy woodstove, and laundry area. Located only 25 minutes from Nelson and 3 minutes from Balfour, this property offers an amazing waterfront lifestyle with room to improve and make it your own. The original cabin, currently used for storage, may offer potential for removal and future garage space. Some cleanup and removal of items will be needed, making this the perfect opportunity for buyers with vision to unlock the full potential of this special waterfront property.
3
Beds
1,642 ft²
Floor area
1992
Year built
Single Family
Type
Kokanee Creek to Balfour
Area
Listed
May 20, 2026
$769,777 is 25.4% below the Lower Mainland Composite HPI benchmark of $1,031,500 (2026-04-01).
Nearby & Commute
6h 1m
walk to Safeway
1h 46m
bike to Lakeside Park
5h 51m
walk to Lakeside Park
17h 41m
drive to downtown Vancouver
Estimated travel times. Map data © OpenStreetMap contributors.
Most listed
Detached · 47%
| Detached | 14 | 46.7% |
| Land | 11 | 36.7% |
| Mobile home | 3 | 10.0% |
| Other | 2 | 6.7% |
| $15,000 to $19,999 | 10 | 3.9% |
| $20,000 to $24,999 | 10 | 3.9% |
| $25,000 to $29,999 | 15 | 5.9% |
| $30,000 to $34,999 | 10 | 3.9% |
| $35,000 to $39,999 | 15 | 5.9% |
| $40,000 to $44,999 | 20 | 7.8% |
| $45,000 to $49,999 | 10 | 3.9% |
| $50,000 to $59,999 | 15 | 5.9% |
| $60,000 to $69,999 | 20 | 7.8% |
| $70,000 to $79,999 | 15 | 5.9% |
| $80,000 to $89,999 | 20 | 7.8% |
| $90,000 to $99,999 | 15 | 5.9% |
| $100,000 to $124,999 | 25 | 9.8% |
| $125,000 to $149,999 | 20 | 7.8% |
| $150,000 to $199,999 | 25 | 9.8% |
| $200,000 and over | 10 | 3.9% |
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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
$3,573
Principal and interest
Calculated estimate
$3,223
Property tax
Calculated estimate
$200/mo
Home insurance
Assumption
$150/mo
Purchase snapshot
List price
Listing data
$677,777
Down payment
Calculated estimate
$135,555 (20%)
Estimated mortgage
Calculated estimate
$557,404
CMHC premium
Calculated estimate
$15,182
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
$3,573
/mo
CMHC $15,182 added
Rate
%
Amortization
Principal and interest
$3,223
Property tax (est.)
$200
P&I
Tax
Down payment
$135,555 (20%)
Get Pre-Approved
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 $135,555 down (20%) on $677,777, 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.
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.
At 6.3333 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.
