Property Type: Detached HouseOwnership: Leasehold

2257 Chief Atahm Drive

Adams Lake, BC V0E1M2

$289,999

4 bed2.5 bath2 parking1,750 sqftBuilt 1980
Get Directions

Property Details

Property & Lot

Sub-type
House
Stories
1
Lot size
0.21 acres

Ownership & Fees

Property type
Detached House
Ownership
Leasehold
Annual property tax
$1,955.13

Interior

Heating
Radiant/Infra-red Heat, Electric
Cooling / A/C
Wall unit
Fireplace
Yes (1)
Fireplace type
Free Standing Metal

Exterior & Lot

Exterior features
Wood
View
Lake view, Mountain view
Waterfront
Waterfront on lake

Building

Roof
Metal, Unknown

Parking

Total spaces
2

Room Dimensions

RoomLevelDimensions
3pc BathroomSecond level
BedroomSecond level13' x 8'
Primary BedroomSecond level13' x 10'2''
4pc BathroomMain level
BedroomMain level7'10'' x 10'
BedroomMain level8'8'' x 12'9''
Dining roomMain level20' x 10'
KitchenMain level12'9'' x 10'4''
Living roomMain level15' x 24'

Listing Information

MLS®
10392393
Listed
June 23, 2026
Time on market
On the market for 70 days
Data last synced
August 28, 2026

Listing provided by: Riley & Associates Realty Ltd. · Data source: CREA DDF.

Description

Waterfront at a price you can actually afford. Great cottage at Adams Lake with over 80 feet of gorgeous waterfront. This property boasts 4 bedrooms and 2 bathrooms. There is a large deck and two patios to pick the spot you want to use to enjoy the fantastic views. The 10 x 26 dock and buoy are there for your boating pleasure. Lots of room for all your friends and family to come and enjoy the summer. It could be used year round with a little tweaks. This is Adams Lake Indian Band land and the lease is quite reasonable at $5,820 per year and runs until 2031. This land has been leased out since the early 60's and we don't foresee a change in that situation. (id:63159)

Values & Trends

This listing

$166/sqft

Building average

No other active listings in this building

Adams Lake average

$483/sqft

9 active listing(s)

Parking: 2 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: Salmon Arm

16°C

Humidity 84%

Wind SSE 5 km/h

Tonight

10°

Tuesday

25°

Tuesday night

14°

Wednesday

23°

Wednesday night

12°

Thursday

20°

Source: Environment and Climate Change Canada.

Nearby Schools

SchoolTypeDistance
Chase Elementary-SecondaryElementary15.6 km
Haldane ElementaryElementary15.6 km
Sorrento ElementaryElementary15.9 km
Sun Peaks SchoolElementary/Middle16.8 km
North Shuswap ElementaryElementary/Middle22.3 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: Okanagan-Shuswap (SD83)

Similar Listings Nearby

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

Mortgage & Ownership Cost Calculator

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

Financial Ledger

Net mortgage (loan + CMHC insurance)$231,999.00
Periodic payment — Principal & Interest (monthly)$1,496.78
Additional monthly expenses (strata, tax, utilities, etc.)$250.93
Total monthly cost$1,747.71
Interest paid over 5-yr term$66,491.58
Balance at end of term$208,683.85

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$14,500
Stress test qualifying rate8.09%
Payment you must qualify for$2,118.49

Cash Needed at Closing

Minimum down payment$14,500
Estimated BC PTT$3,800
Legal / closing costs (typical estimate)$1,500
Total cash needed$19,800

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