Property Type: Land / LotOwnership: Freehold

2690 Thompson Drive

Kamloops, BC V2C4L4

$850,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.5 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$0

Interior

Fireplace
None

Exterior & Lot

Waterfront
Waterfront on river

Listing Information

MLS®
10386854
Listed
May 16, 2026
Time on market
On the market for 108 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Westwin Realty · Data source: CREA DDF.

Description

South Thompson waterfront opportunity. This newly created and exceptionally private building lot is now being offered for sale following an extensive series of transformations over the past 18 months. Positioned on one of Kamloops’ most sought after waterfront settings, this property is now prepared to become everything it deserves to be. Offering just under 22,000 sq.ft. with a buildable area approaching 8,200 sq.ft., the possibilities here are substantial. In addition to the scale and privacy of the lot itself, the property offers approximately 110 feet of South Thompson River frontage creating a setting rarely found within city limits. Whether you are searching for a premier site to construct an executive residence or simply seeking a lifestyle driven waterfront property where boating, paddle boarding, swimming and riverside living become part of your everyday routine, this property deserves serious consideration. The orientation of the lot captures exceptional views while still maintaining a strong sense of privacy and separation from surrounding properties. Opportunities to secure this type of in town waterfront exposure with this scale of frontage and development potential are becoming increasingly difficult to find. Located only minutes from downtown Kamloops and city amenities while still delivering a true waterfront lifestyle experience. Incredible views exceptional opportunity. Call listing broker for complete detailed packages. (id:63159)

Location Insights

Weather

Partly Cloudy

18°C

Partly Cloudy

Humidity 63%

Wind E 16 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.

Nearby Schools

SchoolTypeDistance
Marion Schilling ElementaryElementary1.2 km
Juniper Ridge ElementaryElementary1.8 km
Valleyview SecondarySecondary2.5 km
Ralph Bell Elementary SchoolElementary3.4 km
Sk'elep School of Excellence(Independent)Elementary4.3 km
Dallas ElementaryElementary4.8 km
Ecole Lloyd George ElementaryElementary5.8 km
Kamloops School of the ArtsK-125.8 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: Kamloops-Thompson (SD73)

Mortgage & Ownership Cost Calculator

Minimum required: 7.1% ($60,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$680,000.00
Periodic payment — Principal & Interest (monthly)$4,387.13
Additional monthly expenses (strata, tax, utilities, etc.)$0.00
Total monthly cost$4,387.13
Interest paid over 5-yr term$194,889.95
Balance at end of term$611,662.20

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$60,000
Stress test qualifying rate8.09%
Payment you must qualify for$6,074.82

Cash Needed at Closing

Minimum down payment$60,000
Estimated BC PTT$15,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$76,500

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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