Property Type: Land / LotOwnership: Freehold

246 Bayview Drive

Sicamous, BC V0E2V1

$199,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.2 acres
Frontage
91 feet

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$1,013.17

Interior

Fireplace
None

Exterior & Lot

View
City view, Lake view, Mountain view, Valley view

Listing Information

MLS®
10362272
Listed
September 15, 2025
Time on market
On the market for 350 days
Data last synced
August 28, 2026

Listing provided by: Honestdoor Inc. · Data source: CREA DDF.

Description

Click brochure link for more details** Panoramic Lakeview Lot in Sicamous Welcome to 246 Bayview Drive, an opportunity to own one of the most desirable lots in Sicamous. This 827.7 m² bare land parcel sits at the highest elevation on the street, offering unobstructed panoramic views of Mara Lake and the surrounding mountains. Water, power, and sewer are conveniently located at the lot line. Unlike most lots in the area, this property faces undeveloped treed land, giving you added privacy and natural beauty without a neighboring yard below. A unique sidewalk extension at the front provides extra space for a deeper driveway design, making access simple and versatile for your future build. Design your dream home here and enjoy the best of the Shuswap lifestyle—quiet surroundings, breathtaking vistas, and the perfect setting to take in the sunset. Don’t miss this one-of-a-kind lot—truly a premier building site in Sicamous. (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.

Population

2,613

(2021 Census)

+7.6% since 2016

Density: 204.1/km²

Dwellings: 1,905

Median household income: $65,000

After-tax: $60,400

Immigrant population: 5.7%

Top countries of origin (% of total population)

  • United Kingdom1.5% · 40
  • United States of America1% · 25
  • Germany0.6% · 15
  • Italy0.4% · 10
  • Netherlands0.4% · 10

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Parkview Elementary SchoolElementary1.6 km
Eagle River SecondaryK-122.1 km
North Canoe ElementaryElementary20.1 km
Shuswap SDA(Independent)Elementary/Middle21.4 km
South CanoeElementary/Middle22.6 km
Salmon Arm SecondarySecondary23.4 km
South Broadview ElementaryElementary23.7 km
Bastion ElementaryElementary23.8 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% ($9,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$159,200.00
Periodic payment — Principal & Interest (monthly)$1,027.10
Additional monthly expenses (strata, tax, utilities, etc.)$84.43
Total monthly cost$1,111.54
Interest paid over 5-yr term$45,627.18
Balance at end of term$143,200.91

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$9,950
Stress test qualifying rate8.09%
Payment you must qualify for$1,453.73

Cash Needed at Closing

Minimum down payment$9,950
Estimated BC PTT$1,990
Legal / closing costs (typical estimate)$1,500
Total cash needed$13,440

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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