Property Type: Condo / ApartmentOwnership: Strata

1681 Sugar Lake Road Unit# 7

Cherryville, BC V0E2G2

$459,900

2 bed2 bath4 parking1,255 sqftBuilt 2023
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
0.07 acres

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Annual property tax
$1,485.57

Interior

Basement
Full
Heating
Heat Pump, Electric, See remarks
Cooling / A/C
Heat Pump
Fireplace
Yes (1)
Fireplace type
Roughed in
Flooring
Vinyl

Exterior & Lot

View
Lake view, Mountain view

Building

Roof
Metal, Unknown

Parking

Total spaces
4 — uncovered indicated
Features
RV, Additional Parking

Restrictions & Policies

Pets
Allowed

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

Room Dimensions

RoomLevelDimensions
Recreation roomMain level11'1'' x 15'1''
Laundry roomMain level7'1'' x 9'3''
4pc BathroomMain level4'11'' x 9'9''
BedroomMain level9'2'' x 9'10''
FoyerMain level5'9'' x 10'4''
4pc BathroomSecond level6'7'' x 9'2''
Primary BedroomSecond level10'0'' x 10'1''
Dining roomSecond level5'0'' x 10'3''
KitchenSecond level10'4'' x 14'6''
Living roomSecond level11'2'' x 12'8''

Listing Information

MLS®
10386414
Listed
May 7, 2026
Time on market
On the market for 117 days
Data last synced
August 28, 2026

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

Description

It doesn't get much better than this NEW luxurious, lakeside 2 bed, 2 bath cabin home,1.5 hrs from Kelowna airport. Get ready to grab a drink on the deck w/ the unobstructed lake views after a fun day on the lake!Sugar Lake Rec Properties offers 4 season activities.Its a favourite of the Okanagan for (crownland) hunting,boating,fishing, kayaking,swimming,hiking, snowmobiling or backcountry access.This stunning cabin is built to Step 4 standard & includes a heat pump, a/c, window coverings & closet organizers. Located steps away from the lake,this cabin offers vaulted ceilings & vinyl plank flooring w/ an open floor plan.The lower level offers a walk out rec room, bedroom, full bath & laundry room w/laundry sink, the perfect layout for visiting family or friends. The upper floor features an elegant kitchen (stove,fridge & dishwasher included),spacious living area w/gas roughed in for a fireplace, a bedroom & bath. Step onto the covered deck w/ glass railings, ideal for grilling & enjoying the expansive views of the lake & mountains. With your ownership you also have access to all the resort amenities, including a boat launch, private swimming beach, boat slip rentals, lodge & bistro, as well as year round access. Its close proximity to Kelowna (1.5 hrs) or Vernon (1 hr) makes it the perfect vacation getaway w/ the flexibility to rent for revenue when not using it. Monthly fee $248/month & includes water, sewer, garbage & common property maintenance. Price is exclusive of GST! (id:63159)

Values & Trends

This listing

$366/sqft

Building average

$663/sqft

1 active listing(s)

Cherryville average

No comparable active listings

Parking: 4 stall(s) includedStorage 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 Site722 m

Nearby places data: © OpenStreetMap contributors.

School district: Vernon (SD22)

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($22,995) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$367,920.00
Periodic payment — Principal & Interest (monthly)$2,373.69
Additional monthly expenses (strata, tax, utilities, etc.)$186.80
Total monthly cost$2,560.49
Interest paid over 5-yr term$105,446.93
Balance at end of term$330,945.23

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$22,995
Stress test qualifying rate8.09%
Payment you must qualify for$3,359.65

Cash Needed at Closing

Minimum down payment$22,995
Estimated BC PTT$7,198
Legal / closing costs (typical estimate)$1,500
Total cash needed$31,693

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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