Property Type: Land / LotOwnership: Freehold

123 Lake Point Court

Kamloops, BC V1S0G2

$549,000

Get Directions

Property Details

Property & Lot

Sub-type
Other
Lot size
0.65 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$2,484.95

Interior

Fireplace
None

Exterior & Lot

View
Lake view, Mountain view, Valley view, Ravine view, View (panoramic)

Restrictions & Policies

Pets
Not allowed

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Listing Information

MLS®
10359234
Listed
August 14, 2025
Time on market
On the market for 382 days
Data last synced
August 28, 2026

Listing provided by: Engel & Volkers Kamloops · Data source: CREA DDF.

Description

This wonderful East facing, large lot (0.65 acre) offers plenty of options for your dream home or recreational retreat. This lot is the largest view lot available and is great 'bang for your buck'. The Tobiano community is seeing an exciting 'spike' in interest, boasting World Class golf, an enhanced Bruker Marian, and recreational opportunities for fishing, biking, hiking and horseback riding. Do a driveby, take a look at the potential that this lot offers, and explore the neighbourhood. Picture your future at Tobiano. (id:63159)

Location Insights

Weather

Mostly Cloudy

22°C

Mostly Cloudy

Humidity 48%

Wind ESE 20 km/h

Tonight

13°

Tuesday

28°

Tuesday night

16°

Wednesday

25°

Wednesday night

15°

Thursday

23°

Source: Environment and Climate Change Canada.

Population

97,902

(2021 Census)

+8.4% since 2016

Density: 328.6/km²

Dwellings: 41,619

Median household income: $88,000

After-tax: $78,000

Immigrant population: 9.9%

Top countries of origin (% of total population)

  • United Kingdom1.5% · 1,425
  • India1.3% · 1,240
  • United States of America0.8% · 790
  • Philippines0.8% · 750
  • Germany0.6% · 555
  • Italy0.5% · 535
  • China0.3% · 320
  • South Africa, Republic of0.3% · 250

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Savona ElementaryElementary12.4 km
Parkcrest ElementaryElementary18.8 km
Brocklehurst Secondary SchoolSecondary19.0 km
Kay Bingham ElementaryElementary19.4 km
George Hilliard ElementaryElementary20.1 km
Twin Rivers Education CentreK-1220.2 km
Dufferin ElementaryElementary20.8 km
AE Perry ElementaryElementary21.0 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: Kamloops-Thompson (SD73)

Mortgage & Ownership Cost Calculator

Minimum required: 5.4% ($29,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$439,200.00
Periodic payment — Principal & Interest (monthly)$2,833.57
Additional monthly expenses (strata, tax, utilities, etc.)$207.08
Total monthly cost$3,040.65
Interest paid over 5-yr term$125,875.98
Balance at end of term$395,061.82

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$29,900
Stress test qualifying rate8.09%
Payment you must qualify for$3,991.70

Cash Needed at Closing

Minimum down payment$29,900
Estimated BC PTT$8,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$40,380

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