Property Type: Land / LotOwnership: Freehold

12210 LAKESHORE Drive S

Summerland, BC V0H1Z1

$399,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.07 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$0

Interior

Fireplace
None

Exterior & Lot

View
Lake view, Mountain view, Valley view

Listing Information

MLS®
10388787
Listed
May 25, 2026
Time on market
On the market for 98 days
Data last synced
August 28, 2026

Listing provided by: Chamberlain Property Group Inc. · Data source: CREA DDF.

Description

Positioned directly across from Okanagan Lake and Beach Park in the highly sought-after and magical Lower Summerland, this gently sloping lot offers a rare opportunity to build your dream home or seasonal Okanagan retreat. With stunning lake views and direct beach access, the property measures approximately 25 ft by 114 ft (0.65 acres), providing ample space for a contemporary home of 2,400+ sq. ft. Alley access allows flexibility for parking and a garage, while a garage at the front of the property is also approved, this area has potential for a self-contained suite with guest parking for VRBO or long-term rental. The neighboring home on a similarly sized lot demonstrates the potential of this exceptional location. The adjacent lot is also available. (id:63159)

Location Insights

Weather

17°C

Humidity 56%

Wind SW 4 km/h

Tonight

12°

Tuesday

27°

Tuesday night

15°

Wednesday

24°

Wednesday night

13°

Thursday

19°

Source: Environment and Climate Change Canada.

Population

12,042

(2021 Census)

+3.7% since 2016

Density: 162.6/km²

Dwellings: 5,426

Median household income: $82,000

After-tax: $74,000

Immigrant population: 12.2%

Top countries of origin (% of total population)

  • United Kingdom3.3% · 395
  • Germany1% · 125
  • India0.9% · 110
  • United States of America0.8% · 95
  • Netherlands0.7% · 85
  • Poland0.4% · 50
  • Hungary0.3% · 40
  • Philippines0.3% · 40

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

26

3/9 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
Summerland SecondaryK-122.1 km
Summerland Montessori School(Independent)Elementary2.3 km
Unisus Senior School(Independent)Secondary2.8 km
Unisus Junior School(Independent)Elementary2.8 km
Trout Creek ElementaryElementary3.6 km
Naramata ElementaryElementary4.2 km
West Bench ElementaryElementary10.9 km
Queens Park ElementaryElementary11.9 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)

  • Shaughnessy’s Cove · 12817 South Lakeshore Drive280 m

Cafes (1)

  • Unnamed329 m

Parks (2)

  • Kinsmen Park107 m
  • Unnamed774 m

Nearby places data: © OpenStreetMap contributors.

School district: Okanagan-Skaha (SD67)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($19,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$319,200.00
Periodic payment — Principal & Interest (monthly)$2,059.37
Additional monthly expenses (strata, tax, utilities, etc.)$0.00
Total monthly cost$2,059.37
Interest paid over 5-yr term$91,483.64
Balance at end of term$287,121.43

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$19,950
Stress test qualifying rate8.09%
Payment you must qualify for$2,914.76

Cash Needed at Closing

Minimum down payment$19,950
Estimated BC PTT$5,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$27,430

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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