Property Type: Detached HouseOwnership: Freehold

159 North Fork Road

Cherryville, BC V0E2G3

$1,499,900

3 bed2 bath15 parking2,095 sqftBuilt 1931
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Property Details

Property & Lot

Sub-type
House
Stories
3
Lot size
7.02 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$1,525.29

Interior

Basement
Cellar
Heating
See remarks
Fireplace
Yes (1)
Fireplace type
Free Standing Metal
Flooring
Tile, Hardwood, Laminate

Exterior & Lot

Exterior features
Cedar Siding, Other
View
Mountain view, River view
Waterfront
Waterfront on river

Building

Foundation
Block
Roof
Metal, Unknown

Parking

Total spaces
15 — uncovered indicated
Features
RV, Oversize, 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
KitchenSecondary Dwelling Unit15'2'' x 16'
Living roomSecondary Dwelling Unit13'10'' x 15'2''
Full bathroomSecondary Dwelling Unit7'5'' x 7'11''
Primary BedroomSecondary Dwelling Unit8'8'' x 11'2''
Living roomSecondary Dwelling Unit15' x 19'8''
Full bathroomSecondary Dwelling Unit6'7'' x 7'2''
BedroomSecondary Dwelling Unit11'1'' x 12'11''
BedroomSecondary Dwelling Unit9'2'' x 11'1''
OtherBasement7'6'' x 10'6''
StorageBasement8' x 8'
Family roomBasement10'6'' x 19'6''
Mud roomMain level5' x 15'
Dining nookSecond level5'7'' x 12'8''
3pc Ensuite bathSecond level7' x 6'4''
BedroomSecond level8'2'' x 11'1''
Primary BedroomSecond level13' x 11'
Laundry roomMain level3'9'' x 7'8''
3pc BathroomMain level8'2'' x 7'
BedroomMain level8'2'' x 13'
KitchenMain level11'4'' x 15'10''
Living roomMain level15'8'' x 16'11''

Listing Information

MLS®
10396475
Listed
August 7, 2026
Time on market
On the market for 24 days
Data last synced
August 28, 2026

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

Description

This unique multi-use acreage at 159 North Fork Road in Cherryville offers exceptional revenue generating and rich local heritage as the original home used to be the Cherryville post office. Bordering Cherry Creek, the land package is tailor-made for investors, event operators, or buyers seeking multi-generational living options. The property features two separate homes supported by reliable infrastructure, including three septic tanks with fields, with the primary tank updated to durable plastic around 2020. Large well house with good water. Generating strong operational potential, the grounds offer 22 dry camping sites alongside three fully serviced RV sites equipped with dedicated power, water, and septic hookups. Guests or campers have access to two self-standing outdoor washroom facilities complete with showers by the barn. A large vintage barn powered with accent lights presents an outstanding backdrop setting for weddings, community gatherings, or private events. Vehicle storage is abundant with expansive parking capacity throughout the parcel. With great sun exposure you can enjoy the apple tree or start your own garden. Daily life here revolves around the outdoors. Spend warm afternoons by the creek, or head out for winter snowmobiling, off-road trail rides, and day trips to nearby lakes. Located within an easy drive of Lumby’s local shops and downtown Vernon, this property combines quiet country living with real investment potential. (id:63159)

Values & Trends

This listing

$716/sqft

Building average

No other active listings in this building

Cherryville average

$549/sqft

10 active listing(s)

Parking: 15 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: Vernon

18°C

Humidity 66%

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 ElementaryElementary469 m

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: 8.3% ($124,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,199,920.00
Periodic payment — Principal & Interest (monthly)$7,741.48
Additional monthly expenses (strata, tax, utilities, etc.)$232.11
Total monthly cost$7,973.58
Interest paid over 5-yr term$343,900.52
Balance at end of term$1,079,331.92

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$124,990
Stress test qualifying rate8.09%
Payment you must qualify for$10,572.58

Cash Needed at Closing

Minimum down payment$124,990
Estimated BC PTT$27,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$154,488

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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