Property Type: OtherOwnership: Freehold

000 Lumby Mabel lake Road

Lumby, BC V0E2G6

$495,000

Get Directions

Property Details

Property & Lot

Sub-type
Other
Lot size
40 acres

Ownership & Fees

Property type
Other
Ownership
Freehold
Annual property tax
$66.87

Interior

Fireplace
None

Exterior & Lot

View
Mountain view

Listing Information

MLS®
10386640
Listed
May 13, 2026
Time on market
On the market for 110 days
Data last synced
August 28, 2026

Listing provided by: REMAX Kelowna · Data source: CREA DDF.

Description

Escape to 40 acres of pristine countryside just south of beautiful Mabel Lake. Surrounded by nature and accessed entirely by paved roads, this peaceful property offers the perfect balance of privacy and convenience. Enjoy nearby access to the Shuswap River, renowned for excellent fishing, scenic beauty, and endless outdoor recreation. Wildlife enthusiasts will appreciate the frequent visits from deer, elk, and moose, creating a truly authentic wilderness experience. With multiple potential building sites, this property is ideal for a year-round home, vacation retreat, or recreational getaway. Power and telephone services are available, and Vernon is just a scenic 45-minute drive away. This beautiful property currently benefits from Farm Status allowing for very low annual taxes coupled with some income from the hay crop. (id:63159)

Location Insights

Weather

Nearest station: Vernon

18°C

Humidity 66%

Wind ESE 16 km/h

Tonight

11°

Tuesday

27°

Tuesday night

14°

Wednesday

24°

Wednesday night

13°

Thursday

19°

Source: Environment and Climate Change Canada.

Population

2,063

(2021 Census)

+12.5% since 2016

Density: 347.9/km²

Dwellings: 861

Median household income: $77,000

After-tax: $70,500

Immigrant population: 9.2%

Top countries of origin (% of total population)

  • United Kingdom2.9% · 60
  • United States of America1.2% · 25
  • Netherlands0.5% · 10

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Cherryville ElementaryElementary21.9 km
J W Inglis ElementaryElementary22.1 km
Charles Bloom SecondaryK-1222.4 km
Crossroads Learning CentreSecondary22.5 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

No TransLink stops within an ~10-minute walk.

School district: Vernon (SD22)

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($24,750) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$396,000.00
Periodic payment — Principal & Interest (monthly)$2,554.86
Additional monthly expenses (strata, tax, utilities, etc.)$5.57
Total monthly cost$2,560.43
Interest paid over 5-yr term$113,494.74
Balance at end of term$356,203.28

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$24,750
Stress test qualifying rate8.09%
Payment you must qualify for$3,616.06

Cash Needed at Closing

Minimum down payment$24,750
Estimated BC PTT$7,900
Legal / closing costs (typical estimate)$1,500
Total cash needed$34,150

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

Request more information