Property Type: Condo / ApartmentOwnership: Strata

1681 Sugar Lake Road Unit# 21

Cherryville, BC V0E2G2

$75,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.04 acres
Frontage
31 feet

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Annual property tax
$250

Interior

Fireplace
None

Exterior & Lot

View
Lake view, Mountain view, Valley view

Listing Information

MLS®
10360704
Listed
August 27, 2025
Time on market
On the market for 370 days
Data last synced
August 28, 2026

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

Description

Exhausted from the stress and struggle of campsite searches and the hassle of packing? Escape to this lakefront RV lot at Sugar Lake, offering a perfect retreat for you and a profitable rental option when your away. Whether you are buying for personal use or investment, Sugar Lake Recreational Properties offers affordable, serviced RV lots with private, direct access to Sugar Lake. This level & landscaped lot is ready to park your RV & offers 50 amp power, water, sewer hookup (phone/internet are available).The resort boasts a private boat launch & beach front with 100 ft+ of prime, beach complete with dock/boat slips, the Sugar Shack clubhouse and the Lodge & Bistro.Indulge in the many water sports that lake life offers such as boating, water skiing, tubing, jet skiing, fishing, kayaking, canoeing, stand up paddle boarding and swimming in the Sugar Lake waters. Only 1 hour drive from Vernon BC it is truly a magical & largely unknown treasure. Low maintenance fees. The Monashee Mountain region offers countless outdoor activities to enjoy. Enjoy your RV site, without reservations needed, you’ll never run out of adventure here. (id:63159)

Values & Trends

This listing

Building average

$515/sqft

2 active listing(s)

Cherryville average

$366/sqft

1 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

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($3,750) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$60,000.00
Periodic payment — Principal & Interest (monthly)$387.10
Additional monthly expenses (strata, tax, utilities, etc.)$20.83
Total monthly cost$407.93
Interest paid over 5-yr term$17,196.17
Balance at end of term$53,970.19

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$3,750
Stress test qualifying rate8.09%
Payment you must qualify for$547.89

Cash Needed at Closing

Minimum down payment$3,750
Estimated BC PTT$750
Legal / closing costs (typical estimate)$1,500
Total cash needed$6,000

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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