Property Type: Land / LotOwnership: Freehold

1188 Montgomery Place

Chase, BC V0E1M0

$99,900

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.15 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$825.38

Interior

Fireplace
None

Exterior & Lot

View
Lake view

Listing Information

MLS®
10364486
Listed
October 8, 2025
Time on market
On the market for 327 days
Data last synced
August 28, 2026

Listing provided by: Century 21 Assurance Realty Ltd · Data source: CREA DDF.

Description

Build your dream home this year! Perfect layout to build a rancher with walk-out basement on this spacious lot with views of Little Shuswap Lake! The rear yard has access to the street below which makes a walk to the lake lake a walk in the park. Located in Chase’s newest subdivision among quality homes, this property offers a peaceful setting with no building timeline—buy now and build later. Lot size is approximately 6500 sq ft. R1 Zoning. Priced below assessed value, with easy access to amenities and just minutes from the lake. Ideal for those relocating from the Vancouver or planning for retirement. Centrally located 1/2 way between Kamloops and Salmon Arm. GST is applicable. (id:63159)

Location Insights

Weather

Nearest station: Salmon Arm

13°C

Humidity 91%

Wind S 2 km/h

Tonight

10°

Tuesday

25°

Tuesday night

14°

Wednesday

23°

Wednesday night

12°

Thursday

20°

Source: Environment and Climate Change Canada.

Population

2,399

(2021 Census)

+4.9% since 2016

Density: 639.7/km²

Dwellings: 1,249

Median household income: $60,400

After-tax: $56,400

Immigrant population: 10.9%

Top countries of origin (% of total population)

  • United Kingdom3.5% · 85
  • Germany2.5% · 60
  • United States of America1.7% · 40
  • Hong Kong0.8% · 20
  • Korea, South0.6% · 15
  • China0.4% · 10

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

33

4/9 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

SchoolTypeDistance
Haldane ElementaryElementary875 m
Chase Elementary-SecondaryElementary931 m
Sun Peaks SchoolElementary/Middle15.8 km
Sorrento ElementaryElementary15.8 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

Grocery (1)

  • Peoples Drug Mart438 m

Parks (5+)

  • Unnamed153 m
  • Unnamed546 m
  • Memorial Park584 m
  • Willson Park633 m
  • Centennial Park766 m

Pharmacies (1)

  • Peoples Drug Mart437 m

Banks & ATMs (2)

  • Interior Savings Credit Union476 m
  • RBC Royal Bank508 m

Nearby places data: © OpenStreetMap contributors.

School district: Kamloops-Thompson (SD73)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($4,995) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$79,920.00
Periodic payment — Principal & Interest (monthly)$515.62
Additional monthly expenses (strata, tax, utilities, etc.)$68.78
Total monthly cost$584.40
Interest paid over 5-yr term$22,905.30
Balance at end of term$71,888.30

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$4,995
Stress test qualifying rate8.09%
Payment you must qualify for$729.79

Cash Needed at Closing

Minimum down payment$4,995
Estimated BC PTT$999
Legal / closing costs (typical estimate)$1,500
Total cash needed$7,494

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.

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