Property Type: Land / LotOwnership: Freehold

2571 Cedar Ridge Court

Lumby, BC V0E2G0

$189,900

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.65 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$637

Interior

Fireplace
None

Restrictions & Policies

Pets
Allowed

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

Listing Information

MLS®
10389531
Listed
June 1, 2026
Time on market
On the market for 91 days
Data last synced
August 28, 2026

Listing provided by: REMAX Kelowna · Data source: CREA DDF.

Description

Build your dream lifestyle in the heart of Lumby! This extra-large lot, located in a family-friendly subdivision, offers an exceptional opportunity to create a custom home tailored to your vision. Enjoy the perfect balance of privacy, tranquility, and convenience, with generous space for a substantial residence and potential for a carriage home. Close to schools, shopping, and essential amenities, this property combines everyday convenience with exciting future potential. Adding even more value, the Seller—experienced in the industry—is open to discussing site preparation to help bring your construction plans to life. A rare chance to secure space, flexibility, and opportunity in a growing community. (id:63159)

Location Insights

Weather

Nearest station: Vernon

16°C

Humidity 68%

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

7

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 ElementaryElementary436 m
Charles Bloom SecondaryK-12847 m
Crossroads Learning CentreSecondary981 m
Okanagan Waldorf School(Independent)Elementary5.8 km
Lavington ElementaryElementary9.8 km
B X ElementaryElementary18.2 km
Coldstream ElementaryElementary18.9 km
Hillview 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 (2)

  • Unnamed343 m
  • Oval Park797 m

Nearby places data: © OpenStreetMap contributors.

School district: Vernon (SD22)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($9,495) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$151,920.00
Periodic payment — Principal & Interest (monthly)$980.14
Additional monthly expenses (strata, tax, utilities, etc.)$53.08
Total monthly cost$1,033.22
Interest paid over 5-yr term$43,540.71
Balance at end of term$136,652.53

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$9,495
Stress test qualifying rate8.09%
Payment you must qualify for$1,387.25

Cash Needed at Closing

Minimum down payment$9,495
Estimated BC PTT$1,899
Legal / closing costs (typical estimate)$1,500
Total cash needed$12,894

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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