Property Type: Land / LotOwnership: Leasehold

2292 LITTLE SHUSWAP LAKE Road E Lot# 181-9

Lee Creek, BC V0E1M0

$190,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.4 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Leasehold
Annual property tax
$1,644.72

Interior

Fireplace
None

Exterior & Lot

Waterfront
Waterfront on river

Listing Information

MLS®
10392326
Listed
June 22, 2026
Time on market
On the market for 70 days
Data last synced
August 28, 2026

Listing provided by: Homelife Salmon Arm Realty.Com · Data source: CREA DDF.

Description

If you're looking to be on the water at an affordable price, come and see this beautiful, 49-year prepaid lease lot that runs until Dec 31, 2058, right on the shores of Little River between Big and Little Shuswap Lake. This is an affordable option to owning waterfront at the Shuswap, no lease payments, the lease is paid in full until 2058! From here you'll have direct access to all that Shuswap offers like golfing or dining at Talking Rock Golf Course and the Quaaout Lodge or boating the the waterfront restaurant in Blind Bay, Finz; both just minutes away. Enjoy skiing, swimming, biking, hiking, or just relaxing. Also just 2 minutes by boat to Lil River Boat World Marina! Power and septic are already in & well can be drilled! For location Take Trans-Canada Highway to the Squilax Bridge exit North, in between Chase & Sorrento. Take your first right after crossing over the bridge and then follow it to the end of the road. Turn right and then follow to the River front. Thanks for your interest! (id:63159)

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
Sorrento ElementaryElementary6.4 km
Haldane ElementaryElementary11.0 km
Chase Elementary-SecondaryElementary11.1 km
North Shuswap ElementaryElementary/Middle16.8 km
Carlin Elementary MiddleElementary/Middle18.6 km
Sun Peaks SchoolElementary/Middle22.1 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)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($9,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$152,000.00
Periodic payment — Principal & Interest (monthly)$980.65
Additional monthly expenses (strata, tax, utilities, etc.)$137.06
Total monthly cost$1,117.71
Interest paid over 5-yr term$43,563.64
Balance at end of term$136,724.49

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$9,500
Stress test qualifying rate8.09%
Payment you must qualify for$1,387.98

Cash Needed at Closing

Minimum down payment$9,500
Estimated BC PTT$1,900
Legal / closing costs (typical estimate)$1,500
Total cash needed$12,900

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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