Property Type: Detached HouseOwnership: Freehold

2529 Cedar Ridge Court

Lumby, BC V0E2G5

$849,900

5 bed5 bath2 parking4,557 sqftBuilt 2010
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Property Details

Property & Lot

Sub-type
House
Stories
3
Lot size
0.35 acres
Frontage
67 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$0

Interior

Basement
Full
Heating
Baseboard heaters, Stove, Electric, See remarks, Wood
Fireplace
Yes (4)
Fireplace type
Free Standing Metal
Flooring
Tile, Laminate, Carpeted

Exterior & Lot

Exterior features
Other
View
Mountain view

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
2 — covered indicated
Features
Attached Garage, Additional Parking

Restrictions & Policies

Pets
Allowed

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

Room Dimensions

RoomLevelDimensions
Full bathroomBasement9'5'' x 7'3''
BedroomBasement13'2'' x 10'8''
OfficeBasement13'2'' x 9'1''
Full bathroomBasement8'10'' x 5'9''
KitchenBasement23'10'' x 14'3''
Dining roomBasement11'8'' x 8'6''
Family roomBasement35'6'' x 13'7''
Full bathroomSecond level7'10'' x 10'3''
BedroomSecond level13'3'' x 12'10''
Full bathroomSecond level13'2'' x 10'10''
OtherSecond level10'3'' x 13'9''
Primary BedroomSecond level15'9'' x 13'9''
BedroomSecond level15'5'' x 13'3''
Family roomSecond level21'3'' x 11'8''
BedroomSecond level15'1'' x 14'11''
Living roomMain level22'9'' x 14'
KitchenMain level13'7'' x 12'
Full bathroomMain level6'11'' x 9'7''
Dining roomMain level12'10'' x 19'10''
OfficeMain level12'1'' x 15'

Listing Information

MLS®
10378816
Listed
March 12, 2026
Time on market
On the market for 172 days
Data last synced
August 28, 2026

Listing provided by: Real Broker B.C. Ltd · Data source: CREA DDF.

Description

Exceptional value with income potential in one of Lumby’s most desirable, quiet locations! Enjoy privacy, beautiful valley views, and a low-maintenance yard while maximizing the flexibility of this thoughtfully designed home. The main home offers a functional layout with beautiful tile work, generous storage, and direct access to the double garage. Upstairs are 3 spacious bedrooms and 2 full bathrooms, including a generous primary retreat with the convenience of laundry right in the walk-in closet. The real standout is the fully self-contained 1-bedroom + office basement suite, offering soaring vaulted ceilings, large daylight windows, its own laundry, and a bright, spacious feel that is anything but below grade. The suite is an exceptional mortgage helper and currently rents for approximately $2,200–$2,400/month, making this a fantastic opportunity for buyers looking to offset their mortgage or create additional income. Need even more space? Above the garage is a versatile flex area with an additional bedroom—perfect for guests, an older child, home office, studio, or extended family while maintaining separation and privacy. With 4 additional parking spaces by the road, a private yard, valley views, and multiple living options, this home is ideal for investors, first-time buyers, or families looking for multigenerational living without sacrificing independence.Live comfortably, generate income, and enjoy exceptional value in one of Lumby’s premier neighbourhoods. (id:63159)

Values & Trends

This listing

$187/sqft

Building average

No other active listings in this building

Lumby Valley average

$480/sqft

46 active listing(s)

Parking: 2 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.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

11

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
J W Inglis ElementaryElementary560 m
Charles Bloom SecondaryK-121.0 km
Crossroads Learning CentreSecondary1.2 km
Okanagan Waldorf School(Independent)Elementary5.9 km
Lavington ElementaryElementary9.8 km
B X ElementaryElementary18.2 km
Hillview ElementaryElementary18.9 km
Coldstream ElementaryElementary18.9 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)

  • Unnamed120 m

Nearby places data: © OpenStreetMap contributors.

School district: Vernon (SD22)

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 7.1% ($59,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$679,920.00
Periodic payment — Principal & Interest (monthly)$4,386.61
Additional monthly expenses (strata, tax, utilities, etc.)$228.00
Total monthly cost$4,614.61
Interest paid over 5-yr term$194,867.03
Balance at end of term$611,590.24

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$59,990
Stress test qualifying rate8.09%
Payment you must qualify for$6,074.13

Cash Needed at Closing

Minimum down payment$59,990
Estimated BC PTT$14,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$76,488

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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