Property Type: Detached HouseOwnership: Freehold

1940 OTTER ROAD

Williams Lake, BC V0L1R0

$389,000

2 bed2 bath1,824 sqftBuilt 1969
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
0.7 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$1,539.85 (2025)

Interior

Basement
None
Heating
Baseboard heaters, Electric
Fireplace
None

Exterior & Lot

Exterior features
Wood
View
Mountain view, View of water, View (panoramic)
Waterfront
Waterfront

Building

Foundation
Concrete Perimeter
Roof
Metal, Conventional

Parking

Features
Open, RV

Room Dimensions

RoomLevelDimensions
KitchenMain level
Dining roomMain level
Living roomMain level
Bedroom 2Main level
Primary BedroomMain level
LoftAbove

Listing Information

MLS®
R3124242
Listed
May 15, 2026
Time on market
On the market for 108 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Royal LePage Interior Properties · Data source: CREA DDF.

Description

Beautiful lake shore property on one of the most gorgeous lakes in the Chilcotin area. 2 bedrooms and a Loft so lots of room for the family. 2 bathrooms, dining room , kitchen, living room , large deck overlooking the lake. Boat house on the shore line. What a way to spend your summer days starting in the Spring. Lots of fish in the lake, hunting in season this lake house is for you. This lake house is completely furnished just personal items will be removed. 11' x 25 ' garage with door and a 24 ' x 14'8 deck over looking the lake and mountains . (id:63159)

Values & Trends

This listing

$213/sqft

Building average

No other active listings in this building

Williams Lake average

$305/sqft

93 active listing(s)

Parking: Not indicatedStorage 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

Partly Cloudy

15°C

Partly Cloudy

Humidity 70%

Wind ESE 19 km/h

Tonight

10°

Tuesday

23°

Tuesday night

13°

Wednesday

23°

Wednesday night

12°

Thursday

19°

Source: Environment and Climate Change Canada.

Population

10,947

(2021 Census)

+1.8% since 2016

Density: 330.5/km²

Dwellings: 5,066

Median household income: $76,500

After-tax: $69,000

Immigrant population: 8.9%

Top countries of origin (% of total population)

  • India2.1% · 235
  • United States of America1.1% · 125
  • United Kingdom1% · 110
  • Philippines0.8% · 85
  • South Africa, Republic of0.4% · 45
  • Germany0.4% · 40
  • Korea, South0.3% · 35
  • Netherlands0.2% · 25

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

No schools found within a reasonable distance of this property.

Nearby Transit

No TransLink stops within an ~10-minute walk.

School district: Cariboo-Chilcotin (SD27)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($19,450) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$311,200.00
Periodic payment — Principal & Interest (monthly)$2,007.76
Additional monthly expenses (strata, tax, utilities, etc.)$219.32
Total monthly cost$2,227.08
Interest paid over 5-yr term$89,190.81
Balance at end of term$279,925.41

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$19,450
Stress test qualifying rate8.09%
Payment you must qualify for$2,841.71

Cash Needed at Closing

Minimum down payment$19,450
Estimated BC PTT$5,780
Legal / closing costs (typical estimate)$1,500
Total cash needed$26,730

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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