Property Type: Detached HouseOwnership: Freehold

272 Lumby Mabel Lake Road

Lumby, BC V0E2G5

$945,000

5 bed2 bath2 parking2,750 sqftBuilt 2017
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
2.59 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$3,316.05

Interior

Basement
Full
Heating
Baseboard heaters, Forced air, Electric, See remarks
Fireplace
None

Exterior & Lot

Exterior features
Other

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
2 — covered indicated
Features
Detached Garage, RV, 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
StorageBasement15'8'' x 24'4''
BedroomBasement12'5'' x 14'4''
BedroomBasement11'7'' x 14'5''
Family roomBasement18'7'' x 24'4''
Full bathroomMain level
BedroomMain level8'5'' x 9'4''
BedroomMain level10'6'' x 13'1''
Laundry roomMain level7'5'' x 8'2''
Full ensuite bathroomMain level
Primary BedroomMain level13' x 15'3''
Living roomMain level12'8'' x 28'3''
KitchenMain level12'9'' x 25'9''

Listing Information

MLS®
10390019
Listed
June 3, 2026
Time on market
On the market for 89 days
Data last synced
August 28, 2026

Listing provided by: RE/MAX Vernon · Data source: CREA DDF.

Description

Welcome to the rural lifestyle you've been dreaming about. Minutes from town & set on 2.59 maintained, fully fenced & cross-fenced acres, this property is perfectly suited for horse owners, hobby farmers, outdoor enthusiasts, or anyone looking to enjoy a little more freedom & space. Lush front & back pastures provide excellent grazing & turnout areas, while the existing horse shelter, chicken coop, detached shop/garage, and rear tack room create a functional setup from day one. The property offers easy access & parking w/ ample room for trailers, RVs & equipment. For those looking to expand their equestrian facilities, there is room to add a riding ring. Practical improvements add value, including a 6 GPM water well & a newer septic tank, field & system. Complementing the acreage is a one owner home that has been lovingly maintained and shows exceptionally well. The main floor features 3 bedrooms, including a primary suite w/ a full ensuite, main floor laundry & comfortable living spaces designed for everyday convenience. Enjoy views of the gardens and pasture from the front deck or entertain family and friends on the large private rear deck complete with a built-in hot tub and BBQ area.The recently finished basement adds a bright family room, 2 additional bedrooms & storage space, creating flexibility. Combined with new appliances & washer/dryer, this is a move-in-ready acreage where all the hard work has already been done. (id:63159)

Values & Trends

This listing

$344/sqft

Building average

No other active listings in this building

Lumby Valley average

$477/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.

Nearby Schools

SchoolTypeDistance
J W Inglis ElementaryElementary1.6 km
Charles Bloom SecondaryK-122.1 km
Crossroads Learning CentreSecondary2.2 km
Okanagan Waldorf School(Independent)Elementary7.2 km
Lavington ElementaryElementary10.8 km
B X ElementaryElementary18.6 km
Hillview ElementaryElementary19.6 km
Coldstream ElementaryElementary19.8 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: Vernon (SD22)

Mortgage & Ownership Cost Calculator

Minimum required: 7.4% ($69,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$756,000.00
Periodic payment — Principal & Interest (monthly)$4,877.46
Additional monthly expenses (strata, tax, utilities, etc.)$414.34
Total monthly cost$5,291.79
Interest paid over 5-yr term$216,671.77
Balance at end of term$680,024.45

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$69,500
Stress test qualifying rate8.09%
Payment you must qualify for$6,732.29

Cash Needed at Closing

Minimum down payment$69,500
Estimated BC PTT$16,900
Legal / closing costs (typical estimate)$1,500
Total cash needed$87,900

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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