Burton · V0G1R0
$4,079/mo
Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
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Prime development opportunity in a beautiful, rural setting in Burton, south of Nakusp, near the shores of Arrow Lake! Flat, 8.09 acre property (one title) has had preliminary approvals in place for a 10 lot subdivision with underground services in the past. Lots 1, 2, and 3 were formally subdivided and recently sold; this is the remainder lot A for sale. An exceptional investing opportunity for savvy builders, investors or developers! Bring new ideas forward or pick up what once was and start up the process again. Underground infrastructure is already in place with stubouts at each of the proposed 10 lots. Water, BC Hydro, and Telus are all available. Water is connected to the Burton community system, managed by the Regional District of Central Kootenay. Septic systems will be required. An incredible amount of time and legwork have been done before you; take it from here and bring your vision to continue the process and finish subdividing it with your own ideas (could consider less density or different layout or continue focusing on the potential for 10 lots) or keep it as a holding property. The property is currently zoned R1K (suburban residential) and is out of the ALR. Building scheme registered on title. There is also a very LARGE, massive amount of gravel rock and road crush stored on the property and will be left behind and included in a sale. Wonderful location near the lake with many recreational pursuits in the surrounding area. Do not miss this opportunity.
Vacant Land
Type
Nakusp Rural
Area
Listed
June 23, 2025
Nearby & Commute
9h 34m
walk to Eldorado Market
5h 22m
bike to Lakeside Park
17h 50m
walk to Lakeside Park
15h 23m
drive to downtown Vancouver
Estimated travel times. Map data © OpenStreetMap contributors.
Most listed
Detached · 56%
| Detached | 5 | 55.6% |
| Land | 4 | 44.4% |
| $15,000 to $19,999 | 5 | 2.1% |
| $20,000 to $24,999 | 10 | 4.2% |
| $25,000 to $29,999 | 10 | 4.2% |
| $30,000 to $34,999 | 10 | 4.2% |
| $35,000 to $39,999 | 10 | 4.2% |
| $40,000 to $44,999 | 15 | 6.3% |
| $45,000 to $49,999 | 5 | 2.1% |
| $50,000 to $59,999 | 15 | 6.3% |
| $60,000 to $69,999 | 25 | 10.4% |
| $70,000 to $79,999 | 20 | 8.3% |
| $80,000 to $89,999 | 15 | 6.3% |
| $90,000 to $99,999 | 20 | 8.3% |
| $100,000 to $124,999 | 20 | 8.3% |
| $125,000 to $149,999 | 25 | 10.4% |
| $150,000 to $199,999 | 25 | 10.4% |
| $200,000 and over | 10 | 4.2% |
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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
$4,079
Principal and interest
Calculated estimate
$3,696
Property tax
Calculated estimate
$233/mo
Home insurance
Assumption
$150/mo
Purchase snapshot
List price
Listing data
$799,000
Down payment
Calculated estimate
$159,800 (20%)
Estimated mortgage
Calculated estimate
$639,200
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
$4,079
/mo
Rate
%
Amortization
Principal and interest
$3,696
Property tax (est.)
$233
P&I
Tax
Down payment
$159,800 (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 $159,800 down (20%) on $799,000, 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.
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.
