Property Type: Detached HouseOwnership: Freehold

244 Mabel Lake Road

Lumby, BC V0E2G5

$695,000

4 bed3 full, 2 half bath8 parking2,204 sqftBuilt 1946
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
0.65 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$2,436.54

Interior

Heating
Baseboard heaters, See remarks, Other
Fireplace
Yes (1)
Fireplace type
Pellet, Stove
Flooring
Carpeted, Linoleum, Wood, Cork

Exterior & Lot

Exterior features
Vinyl siding
View
Mountain view, Valley view

Building

Roof
Metal, Unknown

Parking

Total spaces
8

Room Dimensions

RoomLevelDimensions
BedroomSecond level14'10'' x 11'8''
DenSecond level16'6'' x 9'10''
4pc BathroomSecond level6' x 7'5''
Family roomSecond level19' x 20'11''
3pc Ensuite bathMain level7'5'' x 5'11''
Primary BedroomMain level14'8'' x 18'11''
SunroomMain level11'4'' x 13'5''
2pc BathroomMain level6'10'' x 10'
BedroomMain level9'8'' x 9'10''
BedroomMain level11'9'' x 9'10''
Living roomMain level14'10'' x 14'9''
Dining roomMain level9'5'' x 13'
KitchenMain level13'8'' x 14'8''

Listing Information

MLS®
10397060
Listed
August 6, 2026
Time on market
On the market for 25 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Downtown Realty · Data source: CREA DDF.

Description

Looking for a sweet four bed and three bath home on .65 of an acre right across from the Freedom Flight Park? This is the listing for you. This four bed three bath home has had many updates over the years from New windows 2021, a Kitchen renovation 2021, New Furnace 2021, Pellet stove 2018, and the list goes on and on. Loads of parking in the circular driveway. There is a workshop with power. Loads of storage with all the outbuildings. A seasonal creek adds to the charm. Private well and septic tank complete the package. This is conveniently located right across the street from the Freedom Flight Park (id:63159)

Values & Trends

This listing

$315/sqft

Building average

No other active listings in this building

Lumby Valley average

$478/sqft

46 active listing(s)

Parking: 8 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: Vernon

18°C

Humidity 66%

Wind ESE 16 km/h

Tonight

11°

Tuesday

27°

Tuesday night

14°

Wednesday

24°

Wednesday night

13°

Thursday

19°

Source: Environment and Climate Change Canada.

Population

2,063

(2021 Census)

+12.5% since 2016

Density: 347.9/km²

Dwellings: 861

Median household income: $77,000

After-tax: $70,500

Immigrant population: 9.2%

Top countries of origin (% of total population)

  • United Kingdom2.9% · 60
  • United States of America1.2% · 25
  • Netherlands0.5% · 10

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
J W Inglis ElementaryElementary1.5 km
Charles Bloom SecondaryK-122.0 km
Crossroads Learning CentreSecondary2.1 km
Okanagan Waldorf School(Independent)Elementary7.0 km
Lavington ElementaryElementary10.6 km
B X ElementaryElementary18.4 km
Hillview ElementaryElementary19.3 km
Coldstream ElementaryElementary19.6 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: Vernon (SD22)

Mortgage & Ownership Cost Calculator

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

Financial Ledger

Net mortgage (loan + CMHC insurance)$556,000.00
Periodic payment — Principal & Interest (monthly)$3,587.12
Additional monthly expenses (strata, tax, utilities, etc.)$313.04
Total monthly cost$3,900.17
Interest paid over 5-yr term$159,351.20
Balance at end of term$500,123.80

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$44,500
Stress test qualifying rate8.09%
Payment you must qualify for$5,002.12

Cash Needed at Closing

Minimum down payment$44,500
Estimated BC PTT$11,900
Legal / closing costs (typical estimate)$1,500
Total cash needed$57,900

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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