Property Type: OtherOwnership: Freehold

2465 Mabel lake Road

Lumby, BC V0E2G6

$1,150,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
129.49 acres

Ownership & Fees

Property type
Other
Ownership
Freehold
Annual property tax
$83.34

Interior

Fireplace
None

Exterior & Lot

View
Mountain view, Valley view
Lot features
Private setting

Building

Water source
Creek/Stream, Spring
Sewer
No sewage system
Utilities
Water, Electricity, Telephone
Parcel ID (PID)
013-627-902

Listing Information

MLS®
10399522
Listed
September 4, 2026
Time on market
On the market for 8 days
Data last synced
September 8, 2026

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

Description

2 property's being sold together, 78 and 51 acres. Property has approximately 35 acres bottom land currently cultivated with the potential for another 20 (+/-). The balance of land is rolling open pasture along with treed pasture. There is a domestic and stock watering licence on Baker Brook for 1000 gallons per day. Good sun exposure offering several good building sites on the lower level or on the hillside. Hydro service is located along Mabel Lake Rd. Great outdoor recreation area. Attractive property located 20 minutes from Lumby or 15 from Mabel Lake Provincial Park. (id:63159)

Values & Trends

This listing

Building average

No other active listings in this building

Lumby Valley average

$1,355/sqft

6 active listing(s)

Parking: Not indicatedStorage 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

20°C

Humidity 34%

Wind W 5 km/h

Tonight

Sunday

22°

Sunday night

Monday

23°

Monday night

11°

Tuesday

20°

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
Cherryville ElementaryElementary17.8 km
J W Inglis ElementaryElementary18.3 km
Charles Bloom SecondaryK-1218.5 km
Crossroads Learning CentreSecondary18.6 km
Okanagan Waldorf School(Independent)Elementary24.3 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)

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Mortgage & Ownership Cost Calculator

Minimum required: 7.8% ($90,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$920,000.00
Periodic payment — Principal & Interest (monthly)$5,935.53
Additional monthly expenses (strata, tax, utilities, etc.)$6.95
Total monthly cost$5,942.47
Interest paid over 5-yr term$263,674.64
Balance at end of term$827,542.98

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$90,000
Stress test qualifying rate8.09%
Payment you must qualify for$8,151.03

Cash Needed at Closing

Minimum down payment$90,000
Estimated BC PTT$21,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$112,500

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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