Property Type: Detached HouseOwnership: Freehold

187 Sugar Lake Road

Cherryville, BC V0E2G2

$1,599,999

5 bed3 bath4 parking2,036 sqftBuilt 1984
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
6.74 acres
Frontage
902 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$3,884

Interior

Basement
Full
Heating
See remarks
Cooling / A/C
Central air conditioning
Fireplace
Yes (2)
Fireplace type
Free Standing Metal, Unknown
Flooring
Tile

Exterior & Lot

Exterior features
Other
View
River view
Waterfront
Waterfront on river
Pool
Inground pool

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
4 — covered indicated
Features
Detached Garage, RV, See Remarks, Additional Parking

Room Dimensions

RoomLevelDimensions
BedroomBasement13' x 11'1''
BedroomBasement13'10'' x 12'4''
Full bathroomSecond level
Full bathroomMain level
BedroomSecond level12'8'' x 14'10''
BedroomSecond level10'11'' x 10'10''
Primary BedroomSecond level10'11'' x 16'6''
Living roomMain level14'4'' x 16'10''
KitchenMain level18'3'' x 22'2''
3pc BathroomSecond level8'9'' x 10'11''

Listing Information

MLS®
10377960
Listed
March 4, 2026
Time on market
On the market for 181 days
Data last synced
August 28, 2026

Listing provided by: Team 3000 Realty Ltd · Data source: CREA DDF.

Description

Rare 6.74-acre multi-residence property in Cherryville featuring two detached homes, a 2,700+ sq ft heated shop, private office/cabin, swimming pool, and a separate riverfront parcel along the Shuswap River. Extensively renovated in 2022, the main home offers 5 bedrooms and 3 bathrooms with bright living areas, wrap-around deck, and a fully finished walk-out basement with family room, two bedrooms, ensuite, and separate entry. Equipped with 200-amp service, generator backup, baseboard heat, propane fireplace, and wood stove for year-round comfort. The in-ground pool, hot tub, fire pit, and covered decking create a private outdoor retreat ideal for entertaining. Detached office/cabin with high-speed fiber optic internet creates work-from-home flexibility. Second home features 1 bed/1 bath & large loft - perfect for extended family, rental income, or Airbnb. Every man’s dream shop is heated, insulated, powered, and includes cold storage and exceptional workspace. Complete with a separate riverfront lot with power hookup make this property one of the kind. (id:63159)

Values & Trends

This listing

$786/sqft

Building average

No other active listings in this building

Cherryville average

$542/sqft

10 active listing(s)

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.

Nearby Schools

SchoolTypeDistance
Cherryville ElementaryElementary2.2 km
Crossroads Learning CentreSecondary23.0 km
Charles Bloom SecondaryK-1223.1 km
J W Inglis ElementaryElementary23.2 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

Similar active properties nearby based on property type, price, and size.

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($320,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,279,999.00
Periodic payment — Principal & Interest (monthly)$8,258.12
Additional monthly expenses (strata, tax, utilities, etc.)$425.67
Total monthly cost$8,683.79
Interest paid over 5-yr term$366,851.39
Balance at end of term$1,151,363.24

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$320,000
Stress test qualifying rate8.09%
Payment you must qualify for$9,842.75

Cash Needed at Closing

Minimum down payment$320,000
Estimated BC PTT$30,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$351,500

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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