Property Type: Land / LotOwnership: Freehold

13100 Prairie Valley Road

Summerland, BC V0H1Z8

$600,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
5.4 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$2,705.77

Interior

Fireplace
None

Exterior & Lot

View
Mountain view, Valley view

Listing Information

MLS®
10391263
Listed
June 12, 2026
Time on market
On the market for 80 days
Data last synced
August 28, 2026

Listing provided by: Parker Real Estate · Data source: CREA DDF.

Description

Offered to Developers Only! This 5.4 acre property is offered for sale in conjunction with MLS 10391258. Offering beautiful views of Prairie Valley overlooking orchards, vineyards and the Kettle Valley Steam Railway. Please see the listing brokerage for more information! (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.

Nearby Schools

SchoolTypeDistance
Summerland Montessori School(Independent)Elementary1.3 km
Summerland SecondaryK-121.9 km
Unisus Senior School(Independent)Secondary2.3 km
Unisus Junior School(Independent)Elementary2.3 km
Trout Creek ElementaryElementary6.0 km
Naramata ElementaryElementary7.8 km
West Bench ElementaryElementary11.4 km
Queens Park ElementaryElementary12.9 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-Skaha (SD67)

Mortgage & Ownership Cost Calculator

Minimum required: 5.8% ($35,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$480,000.00
Periodic payment — Principal & Interest (monthly)$3,096.80
Additional monthly expenses (strata, tax, utilities, etc.)$225.48
Total monthly cost$3,322.28
Interest paid over 5-yr term$137,569.38
Balance at end of term$431,761.55

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$35,000
Stress test qualifying rate8.09%
Payment you must qualify for$4,344.65

Cash Needed at Closing

Minimum down payment$35,000
Estimated BC PTT$10,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$46,500

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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