Property Type: OtherOwnership: Freehold

144 Acres South Fork Road

Cherryville, BC V0E2G3

$395,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
144 acres

Ownership & Fees

Property type
Other
Ownership
Freehold
Annual property tax
$807

Interior

Fireplace
None

Exterior & Lot

Waterfront
Waterfront on creek

Restrictions & Policies

Pets
Allowed

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Listing Information

MLS®
10339844
Listed
March 26, 2025
Time on market
On the market for 523 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Downtown Realty · Data source: CREA DDF.

Description

If privacy and a quiet rural property is in your sights, this is it! 144 acres of nicely treed property bordering Monashee Creek. ""Off the grid"" this property is accessed via Forest Service Rds. Mostly gentle rolling land with old skid trails throughout. Great recreational property with access to Crownland. Bring your snowmobiles, quads or horses. Build your getaway cottage just outside the community of Cherryville. (id:63159)

Values & Trends

This listing

Building average

No other active listings in this building

Cherryville average

$685/sqft

4 active listing(s)

Parking: Not indicatedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Location Insights

Weather

Nearest station: Vernon

16°C

Humidity 68%

Wind ESE 16 km/h

Tonight

11°

Tuesday

27°

Tuesday night

14°

Wednesday

24°

Wednesday night

13°

Thursday

19°

Source: Environment and Climate Change Canada.

Nearby Schools

SchoolTypeDistance
Cherryville ElementaryElementary6.6 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: Vernon (SD22)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($19,750) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$316,000.00
Periodic payment — Principal & Interest (monthly)$2,038.72
Additional monthly expenses (strata, tax, utilities, etc.)$67.25
Total monthly cost$2,105.97
Interest paid over 5-yr term$90,566.51
Balance at end of term$284,243.02

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$19,750
Stress test qualifying rate8.09%
Payment you must qualify for$2,885.54

Cash Needed at Closing

Minimum down payment$19,750
Estimated BC PTT$5,900
Legal / closing costs (typical estimate)$1,500
Total cash needed$27,150

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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