Property Type: Land / LotOwnership: Freehold

128 Lake Point Court

Kamloops, BC V1S0G2

$550,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.59 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Strata / maintenance fee
$0/mo
Annual property tax
$2,453.69

Interior

Fireplace
None

Exterior & Lot

View
Lake view, Mountain view, View of water, View (panoramic)

Listing Information

MLS®
10396139
Listed
July 29, 2026
Time on market
On the market for 33 days
Data last synced
August 28, 2026

Listing provided by: eXp Realty (Kamloops) · Data source: CREA DDF.

Description

Welcome to 128 Lake Point Court. This +25,000SqFt lot is available for the full potential of your dream home. The lot can be utilized for a rancher with basement design, incorporating how many bedrooms and bathrooms you desire from the ground up. Want to enjoy coffee in the morning from your bedroom? Design the very windows and an extra private patio space to do so! In the mood for cooking and entertaining friends and family? Curate the kitchen layout with a large island, butler’s pantry and additional wet bar to your very liking. In the mood for a movie with your partner? A full basement with a dedicated media room could be just what you need. Don’t forget the backyard oasis that will also need your eye for details, on top of the view of Kamloops Lake to add that extra sparkle. Located within the Ranchlands 3 Neighbourhood, resort style living with world class golf, full freshwater marina & 1700 acres of back country for you to hike, bike & explore – just 20 minutes away from Kamloops. Come live, rest and play. Design guidelines apply and are available. Please note: Tobiano Resort Association Fee will become applicable once a home is built and occupancy is obtained. (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: 5.5% ($30,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$440,000.00
Periodic payment — Principal & Interest (monthly)$2,838.73
Additional monthly expenses (strata, tax, utilities, etc.)$204.47
Total monthly cost$3,043.20
Interest paid over 5-yr term$126,105.26
Balance at end of term$395,781.42

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$30,000
Stress test qualifying rate8.09%
Payment you must qualify for$3,998.62

Cash Needed at Closing

Minimum down payment$30,000
Estimated BC PTT$9,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$40,500

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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