Property Type: OtherOwnership: Freehold

1681 Sugar Lake Road Lot# #3

Cherryville, BC V0E2G2

$199,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.03 acres

Ownership & Fees

Property type
Other
Ownership
Freehold
Strata / maintenance fee
$247/mo
Annual property tax
$781.1

Maintenance Fee Includes

WaterManagement

Also included: Insurance, Other, See Remarks, Sewer

Interior

Fireplace
None

Exterior & Lot

View
Lake view, Mountain view, Valley view, View (panoramic)
Lot features
Level lot

Building

Water source
Lake/River Water Intake
Sewer
Septic tank
Utilities
Water, Sewer, Electricity
Parcel ID (PID)
026-301-288

Listing Information

MLS®
10390797
Listed
June 11, 2026
Time on market
On the market for 81 days
Data last synced
September 1, 2026

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

Description

Rare Waterfront Opportunity at Sugar Lake Recreational Resort. This is the only waterfront RV/Park Model lot currently available within this intimate recreational community. Located just one hour east of Vernon, Sugar Lake offers a peaceful retreat surrounded by the natural beauty of the Monashee Mountains and adjacent provincial parkland. Spend your days enjoying swimming, fishing, boating, hiking, and exploring the pristine wilderness that makes this area a favourite destination for outdoor enthusiasts. This offering includes a 1/67 undivided interest in the resort, registered on title, providing ownership in one of the Okanagan's hidden recreational gems. The low monthly maintenance fee of $246 covers water, sewer, garbage collection, and maintenance of the common roads and grounds, allowing for easy, low-maintenance ownership. Sewer, water and electricity on the lot. Owners enjoy access to excellent shared amenities, including a sandy beach, boat launch, and wharf, making it easy to get out on the water and enjoy everything Sugar Lake has to offer. Whether you're looking for a seasonal getaway, a place to relax with family and friends, or a waterfront escape immersed in nature, this is a rare opportunity to secure a coveted lakefront position at Sugar Lake Recreational Resort. (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)

Similar Listings Nearby

Similar active properties nearby based on property type, price, and size.

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($9,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$159,200.00
Periodic payment — Principal & Interest (monthly)$1,027.10
Additional monthly expenses (strata, tax, utilities, etc.)$311.82
Total monthly cost$1,338.93
Interest paid over 5-yr term$45,627.18
Balance at end of term$143,200.91

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$9,950
Stress test qualifying rate8.09%
Payment you must qualify for$1,453.73

Cash Needed at Closing

Minimum down payment$9,950
Estimated BC PTT$1,990
Legal / closing costs (typical estimate)$1,500
Total cash needed$13,440

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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