Property Type: Land / LotOwnership: FreeholdRECENTLY LISTED

2485 Workman Place

Naramata, BC V0H1N1

$349,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.27 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$1,387.79

Interior

Fireplace
None

Exterior & Lot

View
Lake view, Mountain view

Listing Information

MLS®
10398573
Listed
August 26, 2026
Time on market
On the market for 5 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Locations West · Data source: CREA DDF.

Description

This spectacular Naramata Bench view lot is the best point in Naramata's Kettle Ridge phase 2 subdivision. The road gently rises to your property entrance and then falls back away again leaving this 1/4 acre lot perched overlooking Naramata's rolling vineyards and Okanagan Lake with sweeping valley & sunset views. Ready to build your dream home, this property has an engineered building pad in place and is fully serviced underground. A building scheme ensures long term value for the neighbourhood. Best of all, this property backs on the the world famous Kettle Valley Trail, part of the cross country Trans-Canada trail network and adjacent to some of the best mountain biking trail networks in the region. A custom designed home plan w/ pool is also available. This location offers plenty of other nearby amenities including beaches, wineries, artisans, world class dining and light shopping all within the area. All measurements are approximate. Call your favourite agent today for more information! (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 ElementaryElementary2.8 km
Trout Creek ElementaryElementary3.8 km
Unisus Junior School(Independent)Elementary7.5 km
Unisus Senior School(Independent)Secondary7.5 km
Uplands ElementaryElementary8.2 km
Summerland SecondaryK-128.3 km
Summerland Montessori School(Independent)Elementary8.4 km
Queens Park ElementaryElementary9.1 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: 5.0% ($17,450) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$279,200.00
Periodic payment — Principal & Interest (monthly)$1,801.30
Additional monthly expenses (strata, tax, utilities, etc.)$115.65
Total monthly cost$1,916.95
Interest paid over 5-yr term$80,019.52
Balance at end of term$251,141.30

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$17,450
Stress test qualifying rate8.09%
Payment you must qualify for$2,549.50

Cash Needed at Closing

Minimum down payment$17,450
Estimated BC PTT$4,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$23,930

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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