1419 Little Shuswap Lake Road
Chase, BC V0E1M2
$349,500
Property Details
Property & Lot
- Sub-type
- Other
- Lot size
- 0.63 acres
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Leasehold
- Annual property tax
- $1,495
Interior
- Fireplace
- None
Exterior & Lot
- View
- Lake view, Mountain view, River view, Valley view, View of water, View (panoramic)
- Waterfront
- Waterfront on lake
Listing Information
- MLS®
- 10382505
- Listed
- April 11, 2026
- Time on market
- On the market for 143 days
- Data last synced
- August 28, 2026
Listing provided by: Riley & Associates Realty Ltd. · Data source: CREA DDF.
Description
Rare Opportunity! 75-year prepaid Crown lease lot for sale on Little Shuswap Lake reserve land. The pre-existing cottage was lost in the Bush Creek fire a couple years back and after 20 years of enjoyment, the owners have decided to let it go so that a young family will have their dreams of living on the waterfront become a reality. 54 years remain of a solid 75-year lease. The .63-acre lot is CMHC approved so financing is not a challenge. It’s important to note that there are zero rent payments associated with this property, saving serious money over time. Enjoy 100' of prime water frontage with a sandy beach, dock, buoy(s), and bright sunny exposure. Cool down in the refreshing water of Little Shuswap Lake during those 35-degree plus days. These prepaid leases rarely come available, so you best take a close look at this one! From here you'll have direct access to 4-season action; world class boating, biking, hiking, golfing at Talking Rock & dining in Jack Sam's restaurant, simply epic. With a history of leasehold waterfront properties in the area, having offered multiple leases over time, there's a strong precedent already set that indicates the likelihood of securing a new lease or an extension to the current lease, when the time comes. With that said, this is not a guarantee. Be sure to gather more information, see more pictures, and watch a compelling aerial drone video before booking your appointment to view this one, you will not be disappointed! (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.
Population
2,399
(2021 Census)
+4.9% since 2016
Density: 639.7/km²
Dwellings: 1,249
Median household income: $60,400
After-tax: $56,400
Immigrant population: 10.9%
Top countries of origin (% of total population)
- United Kingdom3.5% · 85
- Germany2.5% · 60
- United States of America1.7% · 40
- Hong Kong0.8% · 20
- Korea, South0.6% · 15
- China0.4% · 10
Source: Statistics Canada, 2021 Census of Population.
Location Accessibility
Our own metric — not an official Walk Score®.
Amenities
4
1/9 categories nearby
Transit
—
Not enough data yet
How this is calculated
Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.
Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.
Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Haldane Elementary | Elementary | 7.9 km |
| Chase Elementary-Secondary | Elementary | 7.9 km |
| Sorrento Elementary | Elementary | 10.9 km |
| Sun Peaks School | Elementary/Middle | 17.6 km |
| North Shuswap Elementary | Elementary/Middle | 21.0 km |
| Carlin Elementary Middle | Elementary/Middle | 22.8 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.
Nearby Places
Parks (1)
- green area507 m
Nearby places data: © OpenStreetMap contributors.
School district: Okanagan-Shuswap (SD83)
Similar Listings Nearby
Similar active properties nearby based on property type, price, and size.
7.6 km away
8.3 km away
Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($17,475) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.