Property Type: Land / LotOwnership: Freehold

1353 Lee Creek Drive

Lee Creek, BC V0E1M4

$320,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
1.62 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$714

Interior

Fireplace
None

Listing Information

MLS®
10395984
Listed
July 27, 2026
Time on market
On the market for 35 days
Data last synced
August 28, 2026

Listing provided by: Century 21 Lakeside Realty Ltd. · Data source: CREA DDF.

Description

Escape to the tranquility of Lee Creek with this charming small acreage offering the perfect blend of privacy, recreation, and natural beauty. Enjoy stunning lake and mountain views while creating your ideal getaway or future home. The property features a shallow dug well, with power conveniently available at the lot line, making it easier to begin your plans. RV use is permitted, allowing you to enjoy the property right away while you plan your build. To make the process even simpler, building plans are also available. Whether you're looking for a peaceful weekend retreat, a recreational property, or a scenic location to build your dream home, this Lee Creek acreage offers outstanding potential in a beautiful setting. (id:63159)

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 ElementaryElementary5.4 km
North Shuswap ElementaryElementary/Middle13.0 km
Haldane ElementaryElementary15.6 km
Chase Elementary-SecondaryElementary15.7 km
Carlin Elementary MiddleElementary/Middle18.1 km
Sun Peaks SchoolElementary/Middle24.9 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)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($16,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$256,000.00
Periodic payment — Principal & Interest (monthly)$1,651.63
Additional monthly expenses (strata, tax, utilities, etc.)$59.50
Total monthly cost$1,711.13
Interest paid over 5-yr term$73,370.34
Balance at end of term$230,272.83

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$16,000
Stress test qualifying rate8.09%
Payment you must qualify for$2,337.65

Cash Needed at Closing

Minimum down payment$16,000
Estimated BC PTT$4,400
Legal / closing costs (typical estimate)$1,500
Total cash needed$21,900

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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