Property Type: Land / LotOwnership: Freehold

182 Sarsons Drive

Coldstream, BC V1B0B5

$349,000

Get Directions

Property Details

Property & Lot

Sub-type
Other
Lot size
0.21 acres
Frontage
57 feet

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$0

Interior

Fireplace
None

Exterior & Lot

View
Mountain view, View (panoramic)

Listing Information

MLS®
10365480
Listed
October 9, 2025
Time on market
On the market for 326 days
Data last synced
August 28, 2026

Listing provided by: Sotheby's International Realty Canada · Data source: CREA DDF.

Description

Welcome to Morningview, an exceptional opportunity to own one of only five flat lots in this entire master-planned community. Perfectly situated on the coveted Middleton Mountain in picturesque Coldstream, this elevated, level lot is ideal for a grade-level entry build, whether you envision a stylish single-level rancher or a spacious two-storey home. House plans included in purchase. Build cost approximately $800,000.00. Choose to build as-is, customize to suit your vision, or start fresh to bring your dream Coldstream home to life. Morningview was thoughtfully designed with lifestyle in mind, offering open green spaces, a community playground, and trail connections leading directly to the nearly 30-acre Middleton Mountain Park. Coldstream is beloved for its strong sense of community, excellent schools, and easy access to outdoor recreation, just minutes from Vernon and close to world-class ski resorts, wineries, and the stunning turquoise waters of Kalamalka Lake. Lot purchase only. Must build with Gibson Custom Homes. GST Applicable. (id:63159)

Location Insights

Weather

Nearest station: Vernon

16°C

Humidity 69%

Wind ESE 14 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 ProgramSecondary897 m
Hillview ElementaryElementary1.2 km
Vernon SecondaryElementary1.5 km
Kalamalka SecondaryElementary2.5 km
St James(Independent)Elementary2.5 km
Silver Star ElementaryElementary2.5 km
Kidston ElementaryElementary2.6 km
Coldstream ElementaryElementary2.6 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% ($17,450) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$279,200.00
Periodic payment — Principal & Interest (monthly)$1,801.30
Additional monthly expenses (strata, tax, utilities, etc.)$0.00
Total monthly cost$1,801.30
Interest paid over 5-yr term$80,019.52
Balance at end of term$251,141.30

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$17,450
Stress test qualifying rate8.09%
Payment you must qualify for$2,549.50

Cash Needed at Closing

Minimum down payment$17,450
Estimated BC PTT$4,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$23,930

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