Property Type: OtherOwnership: Freehold

1681 Sugar Lake Road Lot# 20

Cherryville, BC V0E2G5

$179,800

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Property Details

Property & Lot

Sub-type
Other

Ownership & Fees

Property type
Other
Ownership
Freehold
Annual property tax
$784.06

Interior

Fireplace
None

Exterior & Lot

View
Mountain view
Waterfront
Waterfront on lake

Listing Information

MLS®
10396841
Listed
August 10, 2026
Time on market
On the market for 21 days
Data last synced
August 28, 2026

Listing provided by: REMAX Kelowna · Data source: CREA DDF.

Description

Escape to Sugar Lake and build the cabin you've always wanted! Tucked into the back corner of the Sugar Lake Recreational Properties community, this fully serviced lot has been graded to take better advantage of the surrounding lake and mountain views, with no neighbours behind you adding to the peaceful setting. Enjoy access to the community's private dock, boat slips and boat launch, making it easy to get out on the beautiful waters of Sugar Lake for a day of boating, fishing, paddling or swimming. Surrounded by mountains and wilderness, it feels like a true getaway without being so remote that getting here becomes a chore, approximately an hour from Vernon and an easy weekend escape from Kelowna. Full services, including hydro, water and septic, are available, so you can enjoy all the comforts of a serviced recreational property while still having the wilderness at your doorstep. The elevated position at the back of the development offers a little more separation from the activity closer to the waterfront while maintaining great access to everything the community has to offer. Whether you're looking for a summer basecamp at the lake or a four-season retreat for exploring the surrounding mountains, this lot puts you minutes from the water and miles from everything else. (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

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 ElementaryElementary13.7 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.

School district: Vernon (SD22)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($8,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$143,840.00
Periodic payment — Principal & Interest (monthly)$928.01
Additional monthly expenses (strata, tax, utilities, etc.)$65.34
Total monthly cost$993.35
Interest paid over 5-yr term$41,224.96
Balance at end of term$129,384.55

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$8,990
Stress test qualifying rate8.09%
Payment you must qualify for$1,313.47

Cash Needed at Closing

Minimum down payment$8,990
Estimated BC PTT$1,798
Legal / closing costs (typical estimate)$1,500
Total cash needed$12,288

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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