Property Type: Land / LotOwnership: Freehold

17 Bear Valley Road

Lumby, BC V0E2G1

$1,690,000

Get Directions

Property Details

Property & Lot

Sub-type
Other
Lot size
11.02 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$8,146.11

Interior

Fireplace
None

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®
10397875
Listed
August 18, 2026
Time on market
On the market for 13 days
Data last synced
August 28, 2026

Listing provided by: Real Broker B.C. Ltd · Data source: CREA DDF.

Description

Rarely does an industrial property of this scale, infrastructure & versatility become available in the North Okanagan. Situated on 11 acres with excellent exposure and access, this exceptional property offers a rare opportunity for businesses seeking an industrial site with room to grow. Featuring multiple buildings, expansive yard space, 3-phase power, a dry kiln, dug well & extensive supporting infrastructure, the property is well suited for manufacturing, fabrication, warehousing & commercial operations. The existing improvements represent a substantial investment that would be difficult & costly to replicate today. With rare industrial zoning & significant expansion potential, the property is ideally positioned for the growing off-site construction industry, perfectly suited for manufacturing prefab, modular or tiny homes. As demand for faster, more efficient housing solutions continues to grow, this site offers ample space for production, assembly, storage & future expansion. Currently home to the established Rouck Bros, the property has a long history of custom milling, remanufactured wood products & carriage home construction. Continue or expand the existing operation or adapt the site for a new endeavour. Whether your vision is advanced wood manufacturing, off-site home construction, fabrication, storage or another industrial enterprise, this is a rare opportunity to invest in a property with zoning, and infrastructure to support long-term business growth. (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.

Nearby Schools

SchoolTypeDistance
Crossroads Learning CentreSecondary10.7 km
Charles Bloom SecondaryK-1210.8 km
J W Inglis ElementaryElementary10.9 km
Cherryville ElementaryElementary14.3 km
Okanagan Waldorf School(Independent)Elementary16.0 km
Lavington ElementaryElementary21.0 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: 20.0% ($338,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,352,000.00
Periodic payment — Principal & Interest (monthly)$8,722.65
Additional monthly expenses (strata, tax, utilities, etc.)$678.84
Total monthly cost$9,401.49
Interest paid over 5-yr term$387,487.09
Balance at end of term$1,216,128.37

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$338,000
Stress test qualifying rate8.09%
Payment you must qualify for$10,396.41

Cash Needed at Closing

Minimum down payment$338,000
Estimated BC PTT$31,800
Legal / closing costs (typical estimate)$1,500
Total cash needed$371,300

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