1175 APEX MOUNTAIN Road
Apex Mountain, BC V0H1K0
$627,000
Property Details
Property & Lot
- Sub-type
- Other
- Lot size
- 1.28 acres
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $1,817
Interior
- Fireplace
- None
Exterior & Lot
- View
- Mountain view
Listing Information
- MLS®
- 10367215
- Listed
- October 31, 2025
- Time on market
- On the market for 304 days
- Data last synced
- August 28, 2026
Listing provided by: eXp Realty · Data source: CREA DDF.
Description
!!!MUST SELL another massive $120k PRICE REDUCTION!!! This 1.28-acre development lot at Apex Mountain presents a rare opportunity to capitalize on one of the Okanagan’s fastest-growing four-season destinations. With flexible zoning, steps to ski-in/ski-out access, and increasing demand for recreational housing, this parcel is primed for a multi-unit build, luxury chalet, or boutique rental project. The lot’s generous size, gentle slope, and proximity to resort amenities offer both design freedom and strong ROI potential—ideal for developers looking to create something exceptional in a market hungry for alpine lifestyle properties or for a Generational Multi-Family Ski Loge building with private cabins for the entire family dynasty. Zoned AMV, it supports a range of development options including townhomes, apartment-style condos, and mixed-use commercial. With services close to the lot and strong demand for resort housing, this is a prime opportunity for developers seeking flexibility, visibility, and long-term value. The potential for a subdivision, fractional ownership, or a stratification development may be possible. This is a unique opportunity in a high-demand location—act now to secure your foothold in this growing ski resort community. (id:63159)
Location Insights
Weather
Nearest station: Penticton
17°C
Mainly Clear
Humidity 67%
Wind NE 4 km/h
Tonight
12°
Tuesday
27°
Tuesday night
15°
Wednesday
24°
Wednesday night
13°
Thursday
19°
Source: Environment and Climate Change Canada.
Location Accessibility
Our own metric — not an official Walk Score®.
Amenities
15
2/9 categories nearby
Transit
—
Not enough data yet
How this is calculated
Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.
Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.
Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Similkameen Secondary Alt | Secondary | 21.3 km |
| Similkameen Elem-Secondary | K-12 | 21.3 km |
| Kaleden Elementary | Elementary | 22.5 km |
| West Bench Elementary | Elementary | 23.2 km |
| Princess Margaret Secondary | Secondary | 24.6 km |
| Okanagan Falls Elementary | Elementary | 24.6 km |
| Queens Park Elementary | Elementary | 24.7 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.
Nearby Places
Restaurants (1)
- The Gunbarell Saloon347 m
Cafes (1)
- The edge bistro391 m
Nearby places data: © OpenStreetMap contributors.
School district: Okanagan-Similkameen (SD53)
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Mortgage & Ownership Cost Calculator
Minimum required: 6.0% ($37,700) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.