Property Type: Land / LotOwnership: Freehold

2361 Mount Tuam Crescent

Sorrento, BC V0E2W2

$259,000

Get Directions

Property Details

Property & Lot

Sub-type
Other
Lot size
0.34 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$931.86

Interior

Fireplace
None

Exterior & Lot

View
Mountain view, View of water

Restrictions & Policies

Rentals
Allowed

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Listing Information

MLS®
10395845
Listed
July 24, 2026
Time on market
On the market for 38 days
Data last synced
August 28, 2026

Listing provided by: PG Direct Realty · Data source: CREA DDF.

Description

Visit REALTOR website for additional information. This .34 acre lakeview lot in Sorrento is one of the last opportunities to build in the sought after Cedar Heights area. Enjoy stunning views of Shuswap Lake, Copper Island, and the surrounding mountains from your future home. Unlike many nearby properties, this is not in a subdivision or strata, giving you the freedom to park your boat, RV, or recreational toys right on your own property. The lot is build ready with utilities at the lot line, trees cleared, land surveys completed, and a septic design already in place. Just minutes to beaches, marinas, golf, lakefront dining, Blind Bay Village Grocer, and only 20 minutes to Salmon Arm, with Kamloops and Vernon about an hour away. Choose your plans and start building your Shuswap dream. (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.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

4

1/9 categories nearby

Transit

Not enough data yet

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Sorrento ElementaryElementary6.3 km
North Shuswap ElementaryElementary/Middle7.0 km
Carlin Elementary MiddleElementary/Middle8.5 km
Shuswap SDA(Independent)Elementary/Middle18.5 km
North Canoe ElementaryElementary18.9 km
Salmon Arm SecondarySecondary21.3 km
Bastion ElementaryElementary21.4 km
Salmon Arm West ElementaryElementary21.6 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.

Nearby Places

Parks (1)

  • Unnamed674 m

Nearby places data: © OpenStreetMap contributors.

School district: Okanagan-Shuswap (SD83)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($12,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$207,200.00
Periodic payment — Principal & Interest (monthly)$1,336.78
Additional monthly expenses (strata, tax, utilities, etc.)$77.66
Total monthly cost$1,414.44
Interest paid over 5-yr term$59,384.12
Balance at end of term$186,377.07

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$12,950
Stress test qualifying rate8.09%
Payment you must qualify for$1,892.04

Cash Needed at Closing

Minimum down payment$12,950
Estimated BC PTT$3,180
Legal / closing costs (typical estimate)$1,500
Total cash needed$17,630

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