Property Type: Condo / ApartmentOwnership: Strata

1681 Sugar Lake Road Unit# 6

Cherryville, BC V0E2G2

$127,500

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.07 acres

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Annual property tax
$350

Interior

Fireplace
None

Exterior & Lot

View
Lake view, Mountain view, Valley view, View of water

Restrictions & Policies

Pets
Allowed

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Listing Information

MLS®
10335141
Listed
February 11, 2025
Time on market
On the market for 566 days
Data last synced
August 28, 2026

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

Description

Dreaming of a custom lakefront retreat? This vacant lot at beautiful Sugar Lake is your canvas to build the perfect lakefront cabin escape. Say goodbye to pre-booking and campsite hassles. Just lock up whenever you like, and enjoy peace and tranquility. This welcoming community offers unbeatable amenities, including a private dock, boat launch, boat slips, and beach access. Enjoy endless water activities such as swimming, boating, kayaking, fishing, paddle boarding, or just relaxing by the shoreline soaking up the views and sunshine. All utilities are available at the lot line, with phone and internet ready to keep you connected. Beyond the lake, direct access to Crown land opens up unlimited options for recreational opportunities whether it's hiking, ATVing, or snowmobiling. You'll also find the charming Sugar Shack and the Lodge/Bistro, perfect for social gatherings or a meal with friends. Located just 1.5 hours from Kelowna International Airport and nestled in the breathtaking Monashee Mountains, this property offers all the beauty and recreation you could ask for without sacrificing convenience. Start planning your lakeside retreat today! Best of all, no one can build to the south (next door), giving you additional privacy and open space to enjoy. The seller even has preliminary cabin drawings on hand for those interested in jumpstarting their build. (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.

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 Site738 m

Nearby places data: © OpenStreetMap contributors.

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% ($6,375) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$102,000.00
Periodic payment — Principal & Interest (monthly)$658.07
Additional monthly expenses (strata, tax, utilities, etc.)$29.17
Total monthly cost$687.24
Interest paid over 5-yr term$29,233.49
Balance at end of term$91,749.33

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$6,375
Stress test qualifying rate8.09%
Payment you must qualify for$931.41

Cash Needed at Closing

Minimum down payment$6,375
Estimated BC PTT$1,275
Legal / closing costs (typical estimate)$1,500
Total cash needed$9,150

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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