Property Type: Land / LotOwnership: Freehold

177 Sarsons Drive

Coldstream, BC V1B2P2

$295,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.16 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$1,192

Interior

Fireplace
None

Exterior & Lot

View
Mountain view, View (panoramic)

Listing Information

MLS®
10356721
Listed
July 21, 2025
Time on market
On the market for 406 days
Data last synced
August 28, 2026

Listing provided by: Macdonald Realty · Data source: CREA DDF.

Description

Presenting Lot 1, a prime opportunity to secure an executive homesite in the highly regarded Morningview community on Middleton Mountain. Ideally situated at the gateway of the development, this prominent corner lot is directly across from a future manicured green space and enjoys excellent visibility, making it a standout location for a custom-designed residence. Located in the heart of Coldstream, Morningview is celebrated for its elevated architectural vision, carefully planned streetscapes, and harmonious connection to nature. Residents enjoy access to an extensive network of hiking and biking trails, lush parks, and sweeping valley views, all while being immersed in a tranquil, family-friendly setting. This master-planned community is just minutes from everything, 7 minutes to downtown Vernon, 10 minutes to the crystal-clear waters of Kalamalka Lake, and under 15 minutes to world-class skiing at SilverStar Mountain Resort. Everyday essentials such as schools, shops, fitness centres, and restaurants are all within easy reach, offering effortless convenience and drivability. Whether you're ready to break ground on your dream home or seeking a strategic investment in a growing community, Lot 1 delivers location, lifestyle, and long-term value in equal measure. GST Applicable. (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

11,171

(2021 Census)

+4.9% since 2016

Density: 167.8/km²

Dwellings: 4,341

Median household income: $110,000

After-tax: $97,000

Immigrant population: 11.4%

Top countries of origin (% of total population)

  • United Kingdom2.4% · 265
  • Germany1.3% · 150
  • United States of America0.8% · 90
  • India0.7% · 75
  • South Africa, Republic of0.5% · 60
  • Poland0.4% · 50
  • Netherlands0.4% · 40
  • China0.3% · 35

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Alternative Learning ProgramSecondary822 m
Hillview ElementaryElementary1.2 km
Vernon SecondaryElementary1.4 km
St James(Independent)Elementary2.4 km
Silver Star ElementaryElementary2.5 km
Kalamalka SecondaryElementary2.5 km
Kidston ElementaryElementary2.6 km
Coldstream ElementaryElementary2.7 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)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($14,750) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$236,000.00
Periodic payment — Principal & Interest (monthly)$1,522.59
Additional monthly expenses (strata, tax, utilities, etc.)$99.33
Total monthly cost$1,621.93
Interest paid over 5-yr term$67,638.28
Balance at end of term$212,282.76

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$14,750
Stress test qualifying rate8.09%
Payment you must qualify for$2,155.02

Cash Needed at Closing

Minimum down payment$14,750
Estimated BC PTT$3,900
Legal / closing costs (typical estimate)$1,500
Total cash needed$20,150

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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