Property Type: Land / LotOwnership: Freehold

229 Enderby Grindrod Road

Enderby, BC V0E1V4

$749,900

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Property Details

Property & Lot

Sub-type
Other
Lot size
18.62 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$5,425.99

Interior

Fireplace
None

Listing Information

MLS®
10377712
Listed
March 4, 2026
Time on market
On the market for 180 days
Data last synced
August 28, 2026

Listing provided by: Coldwell Banker Executives (Enderby) · Data source: CREA DDF.

Description

Discover the perfect blend of business opportunity and country living with this versatile 18.62-acre property. 600 AMP SERVICE IS IN PLACE AT THE LOT LINE, making this property exceptionally well-equipped for industrial or future residential development. The lower/front portion is zoned Industrial, offering excellent exposure and convenient access. The upper/back section is zoned Non-Urban, providing a private, elevated setting to build your dream home with sweeping panoramic valley views. A road has already been pushed through to the top of the hill, where a prime building site has been cleared and prepared. Water is supplied via a shared well. A significant portion of the land falls within the ALR and features mature cherry and apple trees. Whether you’re an entrepreneur, investor, or someone seeking a scenic and private homesite with infrastructure already started, this unique property offers outstanding flexibility and long-term potential. (id:63159)

Location Insights

Weather

Nearest station: Salmon Arm

13°C

Humidity 91%

Wind S 2 km/h

Tonight

10°

Tuesday

25°

Tuesday night

14°

Wednesday

23°

Wednesday night

12°

Thursday

20°

Source: Environment and Climate Change Canada.

Population

3,028

(2021 Census)

+2.2% since 2016

Density: 710.8/km²

Dwellings: 1,508

Median household income: $59,600

After-tax: $56,000

Immigrant population: 7.6%

Top countries of origin (% of total population)

  • United States of America1.2% · 35
  • United Kingdom1.2% · 35
  • Philippines1.2% · 35
  • Germany0.8% · 25
  • Netherlands0.7% · 20

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
A.L. Fortune SecondaryK-122.0 km
M.V. Beattie ElementaryElementary2.6 km
Grindrod ElementaryElementary6.4 km
Mountain View Christian(Independent)Elementary/Middle7.3 km
Ranchero Elementary JuniorElementary/Middle11.1 km
Highland Park ElementaryElementary14.5 km
Armstrong ElementaryElementary15.4 km
South CanoeElementary/Middle15.6 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: Okanagan-Shuswap (SD83)

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Mortgage & Ownership Cost Calculator

Minimum required: 6.7% ($49,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$599,920.00
Periodic payment — Principal & Interest (monthly)$3,870.48
Additional monthly expenses (strata, tax, utilities, etc.)$452.17
Total monthly cost$4,322.65
Interest paid over 5-yr term$171,938.80
Balance at end of term$539,629.98

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$49,990
Stress test qualifying rate8.09%
Payment you must qualify for$5,382.06

Cash Needed at Closing

Minimum down payment$49,990
Estimated BC PTT$12,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$64,488

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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