Property Type: Land / LotOwnership: Freehold

255 SCHUBERT Drive

Kamloops, BC V2B2C5

$225,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.12 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$2,220

Interior

Fireplace
None

Exterior & Lot

View
View (panoramic)

Listing Information

MLS®
10389679
Listed
June 1, 2026
Time on market
On the market for 91 days
Data last synced
August 28, 2026

Listing provided by: Century 21 Assurance Realty Ltd · Data source: CREA DDF.

Description

R2 zoned lot perfect for a duplex which could have two frontages or house with a suite. Beautiful corner lot with unobstructed views of the river and waterfront. This property is in a central location steps to the Rivers Trail, minutes to downtown amenities and all that the City has to offer. Take in the gorgeous North Thompson views and mountain vistas of Mount Peter and Paul as well as the city hillside. Walk the shores of the North Thompson, with the Rivers Trail connecting this property to the downtown core and popular Riverside park. Minutes to North Shore shopping, Arthur Hatton Elementary School, beach volleyball courts at Overlander Park, transportation and recreation. So much potential with this location and property. Development variance permit on file for setbacks. Price does not include DCC's, water and sewer connections. (id:63159)

Location Insights

Weather

Mostly Cloudy

22°C

Mostly Cloudy

Humidity 48%

Wind ESE 20 km/h

Tonight

13°

Tuesday

28°

Tuesday night

16°

Wednesday

25°

Wednesday night

15°

Thursday

23°

Source: Environment and Climate Change Canada.

Population

97,902

(2021 Census)

+8.4% since 2016

Density: 328.6/km²

Dwellings: 41,619

Median household income: $88,000

After-tax: $78,000

Immigrant population: 9.9%

Top countries of origin (% of total population)

  • United Kingdom1.5% · 1,425
  • India1.3% · 1,240
  • United States of America0.8% · 790
  • Philippines0.8% · 750
  • Germany0.6% · 555
  • Italy0.5% · 535
  • China0.3% · 320
  • South Africa, Republic of0.3% · 250

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

11

2/9 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
Arthur Hatton ElementaryElementary1.2 km
St. Ann's Academy(Independent)K-121.6 km
Our Lady of Perpetual Help(Independent)Elementary1.7 km
First Baptist Classical Academy of Kamloops(Independent)K-121.8 km
Beattie ElementaryElementary1.8 km
Kamloops Christian School(Independent)Elementary2.2 km
Sa-Hali SecondaryElementary2.3 km
Ecole Lloyd George ElementaryElementary2.4 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 (4)

  • Overlanders Park394 m
  • Moose Park · 385 Schubert Drive536 m
  • Indian Point Park579 m
  • Riverside Park · 100 Lorne Street788 m

Gyms (1)

  • Heavy Metal Gym699 m

Nearby places data: © OpenStreetMap contributors.

School district: Kamloops-Thompson (SD73)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($11,250) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$180,000.00
Periodic payment — Principal & Interest (monthly)$1,161.30
Additional monthly expenses (strata, tax, utilities, etc.)$185.00
Total monthly cost$1,346.30
Interest paid over 5-yr term$51,588.52
Balance at end of term$161,910.58

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$11,250
Stress test qualifying rate8.09%
Payment you must qualify for$1,643.66

Cash Needed at Closing

Minimum down payment$11,250
Estimated BC PTT$2,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$15,250

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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