- Active
Lot B Mill Street
Nelson · Vacant Land
Listed by Sotheby's International Realty Canada · MLS® 10375377
There is more to this listing. Create a free account to see the exact location, taxes, room sizes and price history.
Sign inAbout this home
If you need to ask, ""Why Nelson"", I can't explain it to you. You either get it or you don't. This community speaks for itself and those who are already here understand why it is such an incredible place to be. Here is an amazing opportunity to purchase a vacant R1 zoned lot on Mill Street, in one of Nelson's quieter, more walkable residential pockets. The zoning allows for a duplex, or a single family home with a laneway suite, giving you room to plan for extended family, guests, or a rental unit. Short term rentals may be permitted with City approval, which adds flexibility if you're weighing this as an investment. Downtown Nelson's restaurants, shops and cafes are a short walk from the property, and you're close to the local trail network and the Great Northern Rail Trail for hiking and biking. Essential services are available to the lot. Lot C is also for sale next door, for buyers who want to know their options before finalizing plans.
Home facts
- Property type
- Vacant Land
- Area
- Nelson
- Listed
- February 11, 2026
- Structure
- Other
- PID
- 010-599-959
- Common interest
- Freehold
Rooms and building
- Sewer
- Municipal sewage system
- Water
- Municipal water
- Utilities
- Water, Sewer, Natural Gas, Electricity, Cable, 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
- $1,066
- Property tax
- $67/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $1,283
Purchase snapshot
- List price
- $225,000
- Down payment
- $45,000 (20%)
- Estimated mortgage
- $180,000
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
Property tax
What the tax bill looks like
Municipal, regional, hospital and school rates combined.
- Estimated annual tax
- $1,495
- At 6.6447 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.
Source: Province of British Columbia, Local Government Statistics Schedule 702, 2026. As of 2026-01-01
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 · 53%
Who lives here
Documents
Pick the records you want. Ray Rasouli will email what the listing brokerage shares.
Availability is not guaranteed. Review documents with a professional.
