Property Type: Land / LotOwnership: Freehold

184 Sarsons Drive

Coldstream, BC V1B2P2

$329,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.2 acres
Frontage
50 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®
10365571
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

Discover the perfect canvas for your dream home with this rare flat walkout lot, one of just five in the entire Morningview development on Middleton Mountain. This premium homesite offers a unique opportunity to build a custom single-family residence in one of Coldstream’s most desirable new communities. 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. Nestled in the heart of Morningview, this lot combines the ease of a flat building site with the versatility of a walkout design, ideal for maximizing indoor-outdoor living. Surround yourself with thoughtfully planned open spaces, parks, and a playground, perfect for active families and peaceful retreats alike. A network of community trails connects directly to the expansive Middleton Mountain Park, offering nearly 30 acres of natural beauty right outside your door. Located in the welcoming town of Coldstream, this community is known for its strong sense of belonging and access to top-rated schools, making it the perfect place to grow and thrive. Just minutes away, the city of Vernon offers a blend of small-town charm and urban conveniences. Enjoy nearby world-class ski hills, award-winning wineries, and pristine beaches, including the breathtaking Kalamalka Lake, famous for its crystal-clear turquoise waters. Seize this rare opportunity to secure one of the few flat walkout lots in Morningview. Whether you're ready to start building or simply want to hold a premium piece of land for the future, this lot offers unmatched potential. (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 ProgramSecondary893 m
Hillview ElementaryElementary1.2 km
Vernon SecondaryElementary1.5 km
St James(Independent)Elementary2.5 km
Kalamalka SecondaryElementary2.5 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% ($16,450) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$263,200.00
Periodic payment — Principal & Interest (monthly)$1,698.08
Additional monthly expenses (strata, tax, utilities, etc.)$0.00
Total monthly cost$1,698.08
Interest paid over 5-yr term$75,433.88
Balance at end of term$236,749.25

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$16,450
Stress test qualifying rate8.09%
Payment you must qualify for$2,403.40

Cash Needed at Closing

Minimum down payment$16,450
Estimated BC PTT$4,580
Legal / closing costs (typical estimate)$1,500
Total cash needed$22,530

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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