266 BAKER Street Unit# 17
Nelson · MLS® 10396239
2 bed · 3 bath · 1,608 sq ft · 1 parking
Townhouse · Single Family · built 2023 · 68 days on market
Listed by Wayne Germaine, Valhalla Path Realty
Realtor's description
Welcome to Deane Terrace. One and two-storey homes, each opening onto Deane Lane. A glass roof protects this light-filled brick-clad lane from the elements when you walk from the elevator to your front door. This beautiful two-storey townhome is one of six residences on the south side of Deane Lane. The main floor is an open plan with an amazing kitchen, dining room, living room, utility room and powder room. The ten-foot ceilings allow vast windows to capture the light and glass doors open onto a south-facing terrace. The second floor hosts the primary bedroom with a luxurious ensuite, a second bedroom with it's own bathroom and a den with access to a north facing patio. The elegant finishing includes hardwood and tile floors, stone counters, gas fireplace, high end Italian appliances, in-floor heat in the upstairs bathrooms and custom electric blinds. The residences are on the second floor where homeowners will enjoy a private, more intimate living experience with access to the very cool vibe of downtown Nelson!! This concept for downtown living, with few neighbours, and the thoughtful layout of each unique residence sets Deane Terrace apart from all other strata developments in Nelson. Whether it's the direction of the light through the windows, the views from your private terrace or the sun setting from the truly spectacular patio on the roof, you will love living at Deane Terrace. Secure parkade plus your own private 11'X14' storage room at street level.
Property details
- Type
- Townhouse, Single Family
- Bedrooms
- 2
- Bathrooms
- 3
- Living area
- 1,608 sq ft
- Parking
- 1
- Year built
- 2023
- Property tax
- $6,414 / yr
- Strata fee
- $756 / mo ($0.47 / sq ft)
- Strata rules
- Pet Restrictions, Pets Allowed With Restrictions, Rentals Allowed
- Days on market
- 68
- MLS®
- 10396239
Features
- Central island
- Two Balconies
- Pet Restrictions
- Pets Allowed With Restrictions
- Rentals Allowed
- Washer
Monthly cost
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
If you rented it out
- Rent
- $1,359/mo
- After all costs
- −$5,003/mo
- Cap rate
- -0.2%
- yearly net rent ÷ price
Costs: mortgage $4,788 · tax $535 · strata $756 · insurance ~$175 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 2-bedroom in Nelson (CMHC Rental Market Survey, October 2025). Averages include long-time tenants, so new leases usually ask more; houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.
BC rules for landlords
- Short-term rentals are limited to the host's principal residence in most communities. gov.bc.ca
- Rent increases are capped once a year at the province's set amount. gov.bc.ca
- The speculation and vacancy tax applies in many areas to homes not lived in or rented out. gov.bc.ca
- Selling within two years of buying can trigger the BC home flipping tax. gov.bc.ca
Location
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