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Investment signal

$699,000

117 HIGH Street

Beds

3

Baths

3.2

Sqft

Year

1901

Location

See the block, not just the house.

Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.

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About this home

Situated within perfect proximity to Nelsons quaint downtown and the iconic Lakeside Park, is a highly desirable home in a nice neighbourhood. Boasting two self contained living units, this home offers you an investment opportunity or an income helper. The recently updated main living area is bright, clean and spacious with high ceilings and new flooring throughout. An open kitchen and dining concept was thoughtfully curated with family gatherings and entertainment in mind. Featuring well maintained kitchen cabinets, an efficient gas fireplace and a tastefully renovated bathroom which kept its heritage charm. There are 2 generous size bedrooms on the upper floor with walk-in closets and a half bath for easy living. An expansive sun deck off the back of the home is the perfect place to rest, restore, relax and soak in the stunning mountain views. The unauthorized basement suite offers 1 bedroom, 1 bathroom and the space area is modern, bright and was refreshed about six years ago. Extending from the unit is an 18 x 8 covered deck. Both units contain laundry. The yard is fenced and nicely landscaped. This home is fantastic, call today and schedule a viewing. (id:65958)

Subtype
Single Family
Structure
House
Community
Nelson
Common interest
Freehold
Living area
1,800 square feet
Lot size
0.08 acres
Lot dimensions
0.08
Stories
3
Fireplace
0
On market
Apr 15, 2026
Status changed
Apr 15, 2026
Annual tax
$4,049.31
Photos
68
MLS#
10382467
Area
NELSON

Features and systems

Parking

Street

Basement

Full

Heating

Baseboard heatersElectricSee remarks

Exterior

Vinyl siding

Flooring

HardwoodLaminateMixed Flooring

Roof

Asphalt shingleUnknown

Foundation

Stone

View

Mountain view
Negative cash flow ~$1,380/mo at these assumptions

Cash on cash

-11.84%

Cap rate

3.52%

GRM

16.6

Break-even rent

$4,952

Financing

Down payment$139,800
Loan amount$559,200
Mortgage$3,431/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$320
Insurance$80
Maintenance$583
CapEx reserve$291
Vacancy loss$175

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Lifestyle nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Nelson. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $3,431/mo at 5.49% with 20% down, 25-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 15, 2026.

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