Property Type: Land / LotOwnership: Freehold

230 Benchlands Drive

Naramata, BC V0H1N1

$699,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.6 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$2,401.8

Interior

Fireplace
None

Exterior & Lot

View
Lake view, Mountain view, Valley view, View (panoramic), Unknown

Listing Information

MLS®
10388056
Listed
May 19, 2026
Time on market
On the market for 104 days
Data last synced
August 28, 2026

Listing provided by: Parker Real Estate · Data source: CREA DDF.

Description

Sweeping Okanagan Lake and Okanagan valley views are found from this 26,000 sq. ft. building lot situated on the Naramata bench. The property is sloped with direct street access at the front of the lot and laneway access at the rear, allowing for flexibility of your design choices and unfettered access for the builder of your choice to construct your vision. All services are available at the lot line including natural gas, electricity, water, sewer, telephone, cable, internet and storm sewer. The zoning bylaw and building scheme allow for both a principal dwelling and a secondary dwelling to be built. This newly developed, upscale neighbourhood is in close proximity to trails, renowned wineries, unspoiled beach, artisan shops and the Village of Naramata. GST has already been paid, so no extra charge! (id:63159)

Location Insights

Weather

Nearest station: Summerland

17°C

Humidity 56%

Wind SW 4 km/h

Tonight

12°

Tuesday

27°

Tuesday night

15°

Wednesday

24°

Wednesday night

13°

Thursday

19°

Source: Environment and Climate Change Canada.

Nearby Schools

SchoolTypeDistance
Naramata ElementaryElementary2.4 km
Trout Creek ElementaryElementary5.0 km
Unisus Senior School(Independent)Secondary8.4 km
Unisus Junior School(Independent)Elementary8.4 km
Summerland SecondaryK-128.7 km
Summerland Montessori School(Independent)Elementary8.9 km
Uplands ElementaryElementary9.8 km
Queens Park ElementaryElementary10.9 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-Skaha (SD67)

Mortgage & Ownership Cost Calculator

Minimum required: 6.4% ($44,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$559,200.00
Periodic payment — Principal & Interest (monthly)$3,607.77
Additional monthly expenses (strata, tax, utilities, etc.)$200.15
Total monthly cost$3,807.92
Interest paid over 5-yr term$160,268.33
Balance at end of term$503,002.21

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$44,900
Stress test qualifying rate8.09%
Payment you must qualify for$5,029.80

Cash Needed at Closing

Minimum down payment$44,900
Estimated BC PTT$11,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$58,380

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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