Property Type: Detached HouseOwnership: Freehold

1278 Lee Creek Drive

Lee Creek, BC V0E1M4

$299,000

1 bed1 bath4 parking505 sqftBuilt 2020
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Property Details

Property & Lot

Sub-type
House
Stories
1
Lot size
0.51 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$424.68

Interior

Heating
Baseboard heaters, Stove, Electric, Wood
Fireplace
Yes (1)
Fireplace type
Wood, Conventional
Flooring
Tile, Laminate

Exterior & Lot

Exterior features
Wood
View
Lake view, Mountain view, View of water

Building

Roof
Metal, Unknown

Parking

Total spaces
4 — uncovered indicated
Features
RV

Room Dimensions

RoomLevelDimensions
Primary BedroomMain level10' x 10'
4pc BathroomMain level4'11'' x 9'1''
Utility roomMain level7'6'' x 7'10''
Living roomMain level13'1'' x 13'7''
Dining roomMain level9'3'' x 9'3''
KitchenMain level11'7'' x 9'3''

Listing Information

MLS®
10397842
Listed
August 14, 2026
Time on market
On the market for 17 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage - Brookside Realty · Data source: CREA DDF.

Description

Renovated Cabin on a Half Acre- Just steps to the Lake! Escape to your own private retreat with this beautifully renovated 500 sq.ft. studio cabin, perfectly situated on a generous half acre lot just a short walk from the lake. Whether you're looking for a weekend getaway recreational property, or future investment, this charming cabin offers exceptional value and endless potential. Inside, the open concept studio layout has been thoughtfully updated to create a bright, comfortable, and inviting space that's ready to enjoy. The property features a brand-new septic system servicing the cabin, plus a separate septic hookup for an RV or trailer, making it easy to accommodate family and friends. Enjoy the convenience of municipal water, a valuable feature not always found in recreational properties. Please note: The cabin does not have an occupancy permit. Buyers should satisfy themselves regarding the property's use and any applicable municipal or regional regulations. (id:63159)

Values & Trends

This listing

$592/sqft

Building average

No other active listings in this building

North Shuswap average

$484/sqft

73 active listing(s)

Parking: 4 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Location Insights

Weather

Nearest station: Salmon Arm

16°C

Humidity 84%

Wind SSE 5 km/h

Tonight

10°

Tuesday

25°

Tuesday night

14°

Wednesday

23°

Wednesday night

12°

Thursday

20°

Source: Environment and Climate Change Canada.

Nearby Schools

SchoolTypeDistance
Sorrento ElementaryElementary5.2 km
North Shuswap ElementaryElementary/Middle12.6 km
Haldane ElementaryElementary16.0 km
Chase Elementary-SecondaryElementary16.1 km
Carlin Elementary MiddleElementary/Middle17.9 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.

School district: Okanagan-Shuswap (SD83)

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($14,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$239,200.00
Periodic payment — Principal & Interest (monthly)$1,543.24
Additional monthly expenses (strata, tax, utilities, etc.)$60.39
Total monthly cost$1,603.63
Interest paid over 5-yr term$68,555.41
Balance at end of term$215,161.17

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$14,950
Stress test qualifying rate8.09%
Payment you must qualify for$2,184.25

Cash Needed at Closing

Minimum down payment$14,950
Estimated BC PTT$3,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$20,430

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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