Property Type: Detached HouseOwnership: Leasehold

1475 Little Shuswap Lake Road

Chase, BC V0E1M2

$649,500

4 bed3 bath10 parking2,352 sqftBuilt 1971
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Property Details

Property & Lot

Sub-type
House
Stories
1
Lot size
0.53 acres
Frontage
100 feet

Ownership & Fees

Property type
Detached House
Ownership
Leasehold
Annual property tax
$3,437.95

Interior

Basement
Crawl space
Heating
Baseboard heaters, Electric, Other
Cooling / A/C
See Remarks
Fireplace
Yes (1)
Fireplace type
Free Standing Metal
Flooring
Laminate, Carpeted, Ceramic Tile, Vinyl

Exterior & Lot

Exterior features
Other
View
Lake view, Mountain view, View (panoramic)
Waterfront
Waterfront on lake

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
10 — covered indicated
Features
Attached Garage, Additional Parking

Restrictions & Policies

Pets
Allowed

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

Room Dimensions

RoomLevelDimensions
BedroomAdditional Accommodation12'0'' x 10'0''
Laundry roomMain level6'0'' x 4'0''
Full bathroomAdditional Accommodation7'7'' x 9'7''
OtherMain level15'4'' x 13'7''
KitchenAdditional Accommodation13'0'' x 13'0''
Laundry roomMain level4'0'' x 9'0''
OfficeMain level6'6'' x 12'8''
3pc Ensuite bathMain level6'0'' x 10'0''
Primary BedroomMain level13'0'' x 13'0''
3pc BathroomMain level8'0'' x 8'0''
BedroomMain level11'6'' x 10'6''
BedroomMain level9'1'' x 13'6''
KitchenMain level12'0'' x 10'6''
Dining roomMain level11'6'' x 10'6''
Living roomMain level13'0'' x 16'0''
FoyerMain level8'0'' x 12'0''

Listing Information

MLS®
10392855
Listed
June 29, 2026
Time on market
On the market for 63 days
Data last synced
August 28, 2026

Listing provided by: Riley & Associates Realty Ltd. · Data source: CREA DDF.

Description

Affordable waterfront cottage on Little Shuswap Lake! You'll love this recently renovated rancher with additional in-law accommodation. Features include a gourmet kitchen with eating bar, 3 bedrooms, 2 bathrooms, and a den in the main home. There is also a fully self-contained, 1 or 2-bedroom in-law accommodation. Both sides have their own laundry, and, depending on what’s needed, a large flex room could easily be utilized by either side. Features include a brand new certified septic system, a drilled water system, a WETT certified wood-burning fireplace, quality flooring, and a sun-drenched deck with glass rails. The big 26'6"" x 24'6"" detached garage with high ceilings, an electric blower for heat, and 200-Amp service, is a huge bonus! A usable 0.53-acre lot has 100' of south facing waterfront has 2 separate driveways and tons of parking! Direct access to golf and the lake! It’s important to note that this is an all-cash purchase, but it is more important to note that the Seller will carry financing for qualified buyers with a 50% down payment, epic! The Crown lease on Native land goes until 2054. With a history of leasehold waterfront properties having offered multiple leases over time, there's a precedent set that indicates the likelihood of securing a new lease or an extension of the same, at the end of the term. That said, it is never a guarantee. Annual rent is $13,250, rent reviews every 5 years, the next one is in 2029. Book your appointment to view this home today! (id:63159)

Values & Trends

This listing

$276/sqft

Building average

No other active listings in this building

Chase average

$350/sqft

20 active listing(s)

Parking: 10 stall(s) includedStorage 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: 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

7

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

SchoolTypeDistance
Haldane ElementaryElementary8.2 km
Chase Elementary-SecondaryElementary8.2 km
Sorrento ElementaryElementary10.7 km
Sun Peaks SchoolElementary/Middle17.8 km
North Shuswap ElementaryElementary/Middle20.8 km
Carlin Elementary MiddleElementary/Middle22.7 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 area263 m

Nearby places data: © OpenStreetMap contributors.

School district: Okanagan-Shuswap (SD83)

Mortgage & Ownership Cost Calculator

Minimum required: 6.2% ($39,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$519,600.00
Periodic payment — Principal & Interest (monthly)$3,352.28
Additional monthly expenses (strata, tax, utilities, etc.)$404.50
Total monthly cost$3,756.78
Interest paid over 5-yr term$148,918.85
Balance at end of term$467,381.88

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$39,950
Stress test qualifying rate8.09%
Payment you must qualify for$4,687.23

Cash Needed at Closing

Minimum down payment$39,950
Estimated BC PTT$10,990
Legal / closing costs (typical estimate)$1,500
Total cash needed$52,440

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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