Property Type: Land / LotOwnership: Freehold

258 Bayview Drive

Sicamous, BC V0E2V1

$159,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.21 acres
Frontage
86 feet

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$1,019

Interior

Fireplace
None

Exterior & Lot

View
City view, Lake view, Mountain view, Valley view, View (panoramic)

Listing Information

MLS®
10379098
Listed
March 12, 2026
Time on market
On the market for 173 days
Data last synced
August 28, 2026

Listing provided by: Coldwell Banker Executives Realty · Data source: CREA DDF.

Description

Check out this exceptional vacant residential lot, perched above town in the desirable Bayview Estates. This lot offers breathtaking panoramic views of Shuswap Lake, Mara Lake, and the surrounding mountains, making it the perfect canvas for your future dream home. This sloped lot offers fantastic southern exposure and is ideally suited for a walkout custom two-storey design. With underground services (water, sewer, power) already at the lot line, building here is both convenient and efficient. The neighbourhood is a mix of beautiful, high-end homes, ensuring long-term value and a strong sense of community. Located just minutes from the Sicamous town centre, marinas, public beach, and boat launches, you’ll enjoy easy access to all the best that lake life has to offer. Whether you’re looking to enjoy four-season recreation or peaceful retirement living, 258 Bayview Drive is the perfect setting. Key Features: 0.21-acre residential building lot, stunning views of Shuswap and Mara Lakes, all services at lot line (water, sewer, hydro), quiet, upscale neighbourhood, no strata fees or building timeline restrictions, steps to trails, beaches, marinas, and downtown Sicamous. Don’t miss this rare opportunity to invest in your future in the heart of the Shuswap. (id:63159)

Location Insights

Weather

Nearest station: Salmon Arm

16°C

Humidity 84%

Wind SSE 5 km/h

Tonight

10°

Tuesday

25°

Tuesday night

14°

Wednesday

23°

Wednesday night

12°

Thursday

20°

Source: Environment and Climate Change Canada.

Population

2,613

(2021 Census)

+7.6% since 2016

Density: 204.1/km²

Dwellings: 1,905

Median household income: $65,000

After-tax: $60,400

Immigrant population: 5.7%

Top countries of origin (% of total population)

  • United Kingdom1.5% · 40
  • United States of America1% · 25
  • Germany0.6% · 15
  • Italy0.4% · 10
  • Netherlands0.4% · 10

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Parkview Elementary SchoolElementary1.5 km
Eagle River SecondaryK-122.0 km
North Canoe ElementaryElementary20.1 km
Shuswap SDA(Independent)Elementary/Middle21.4 km
South CanoeElementary/Middle22.6 km
Salmon Arm SecondarySecondary23.4 km
South Broadview ElementaryElementary23.7 km
Bastion ElementaryElementary23.8 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-Shuswap (SD83)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($7,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$127,200.00
Periodic payment — Principal & Interest (monthly)$820.65
Additional monthly expenses (strata, tax, utilities, etc.)$84.92
Total monthly cost$905.57
Interest paid over 5-yr term$36,455.89
Balance at end of term$114,416.81

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$7,950
Stress test qualifying rate8.09%
Payment you must qualify for$1,161.52

Cash Needed at Closing

Minimum down payment$7,950
Estimated BC PTT$1,590
Legal / closing costs (typical estimate)$1,500
Total cash needed$11,040

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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