Property Type: Land / LotOwnership: Freehold

140 Turtle Lake Road

Kaleden, BC V0H1R2

$1,100,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
60 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Strata / maintenance fee
$0/mo
Annual property tax
$1,756.93

Interior

Fireplace
None

Listing Information

MLS®
10381741
Listed
April 1, 2026
Time on market
On the market for 152 days
Data last synced
August 28, 2026

Listing provided by: Chamberlain Property Group · Data source: CREA DDF.

Description

The world is currently a changing place these days so “Freedom” is very sought after. Let us present to you 60 acres of raw land with access, and under 15 minutes to Penticton and the Beautiful South Okanagan. This is freedom at its finest!! Your options are endless, from horse lovers, hobby enthusiasts, ATVing, hiking, biking. You name it as it is an outdoor Paradise backing onto endless acres of Crown Land. Building site options allow you to bring your dreams and ambition. This property is not in the ALR. Properties of this magnitude and proximity to the city are rare. Act fast!! For more details, please call LS. (id:63159)

Location Insights

Weather

Nearest station: Penticton

Mainly Clear

13°C

Mainly Clear

Humidity 81%

Wind NNW 3 km/h

Tonight

12°

Tuesday

27°

Tuesday night

15°

Wednesday

24°

Wednesday night

13°

Thursday

19°

Source: Environment and Climate Change Canada.

Nearby Schools

SchoolTypeDistance
Kaleden ElementaryElementary3.0 km
Princess Margaret SecondarySecondary7.7 km
Okanagan Falls ElementaryElementary7.7 km
Wiltse ElementaryElementary9.1 km
Holy Cross School(Independent)Elementary/Middle10.0 km
Penticton Christian School(Independent)K-1210.3 km
Penticton SecondarySecondary10.6 km
Secondaire de PentictonSecondary10.6 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: 7.7% ($85,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$880,000.00
Periodic payment — Principal & Interest (monthly)$5,677.46
Additional monthly expenses (strata, tax, utilities, etc.)$146.41
Total monthly cost$5,823.87
Interest paid over 5-yr term$252,210.53
Balance at end of term$791,562.85

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$85,000
Stress test qualifying rate8.09%
Payment you must qualify for$7,804.99

Cash Needed at Closing

Minimum down payment$85,000
Estimated BC PTT$20,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$106,500

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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