Property Type: Condo / ApartmentOwnership: Strata

1681 Sugar Lake Road Lot# 42

Lumby, BC V0E2G2

$99,900

Get Directions

Property Details

Property & Lot

Sub-type
Other
Lot size
0.04 acres

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Annual property tax
$273.09

Interior

Fireplace
None

Exterior & Lot

View
Lake view, Mountain view

Listing Information

MLS®
10385286
Listed
April 29, 2026
Time on market
On the market for 124 days
Data last synced
August 28, 2026

Listing provided by: RE/MAX Vernon Salt Fowler · Data source: CREA DDF.

Description

Recreational Properties community in Cherryville. Set on a premium corner lot, this fully landscaped 32’ x 70’ flat parcel offers the perfect combination of privacy, functionality, and scenic surroundings. Whether you’re searching for a peaceful summer escape or a ready-to-enjoy recreational getaway, this property is designed for effortless enjoyment. Just steps away from the nearby boat slip, you’ll have easy access to the calm waters of Sugar Lake for boating, paddling, swimming, and memorable days on the lake. Renowned for its excellent fishing and quiet atmosphere, Sugar Lake is a true hidden gem for nature lovers and outdoor enthusiasts alike. The lot is equipped with 50-amp power and full hookups, making RV living comfortable and convenient throughout the season. Owners also enjoy year-round access, with water service turned off during the winter months. With no age restrictions, this welcoming community is ideal for families, couples, and retirees alike. For added flexibility, owners have the option to rent their lot through the on-site management company, offering excellent income potential when not in personal use. Framed by beautiful lake and Monashee Mountains views, this affordable recreational property offers the perfect place to unwind, explore, and create lasting memories. (id:63159)

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.

Population

2,063

(2021 Census)

+12.5% since 2016

Density: 347.9/km²

Dwellings: 861

Median household income: $77,000

After-tax: $70,500

Immigrant population: 9.2%

Top countries of origin (% of total population)

  • United Kingdom2.9% · 60
  • United States of America1.2% · 25
  • Netherlands0.5% · 10

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

4

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
Cherryville ElementaryElementary13.8 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)

  • Sugar Lake 1 Mile Recreation Site724 m

Nearby places data: © OpenStreetMap contributors.

School district: Vernon (SD22)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($4,995) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$79,920.00
Periodic payment — Principal & Interest (monthly)$515.62
Additional monthly expenses (strata, tax, utilities, etc.)$22.76
Total monthly cost$538.37
Interest paid over 5-yr term$22,905.30
Balance at end of term$71,888.30

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$4,995
Stress test qualifying rate8.09%
Payment you must qualify for$729.79

Cash Needed at Closing

Minimum down payment$4,995
Estimated BC PTT$999
Legal / closing costs (typical estimate)$1,500
Total cash needed$7,494

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.

Request more information