Property Type: Land / LotOwnership: Freehold

275 Bayview Drive

Sicamous, BC V0E2V1

$191,900

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.27 acres
Frontage
85 feet

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$994.54

Interior

Fireplace
None

Exterior & Lot

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

Listing Information

MLS®
10376879
Listed
March 31, 2026
Time on market
On the market for 153 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Access Real Estate · Data source: CREA DDF.

Description

Build your dream home on Lot 48 in the desirable Bayview Estates subdivision in Sicamous. This fully serviced city lot is surrounded by quality custom homes and offers stunning lake and mountain views with a scenic outlook toward both Shuswap and Mara Lakes. The subdivision has been thoughtfully planned and engineered to help reduce development and construction costs, making it an ideal foundation for your future build. Bayview Estates is known for its four-season lifestyle, with easy access to boating and water recreation on Shuswap Lake, nearby snowmobiling and ski areas, and endless hiking trails just minutes away. Whether you’re envisioning a full-time residence, vacation retreat, or long-term investment, this is a fantastic opportunity to secure a premium lot in one of Sicamous’ most sought-after communities. GST is applicable and is in addition to the purchase price. (id:63159)

Location Insights

Weather

Nearest station: Salmon Arm

13°C

Humidity 91%

Wind S 2 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 SchoolElementary1.6 km
Eagle River SecondaryK-122.0 km
North Canoe ElementaryElementary20.1 km
Shuswap SDA(Independent)Elementary/Middle21.5 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% ($9,595) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$153,520.00
Periodic payment — Principal & Interest (monthly)$990.46
Additional monthly expenses (strata, tax, utilities, etc.)$82.88
Total monthly cost$1,073.34
Interest paid over 5-yr term$43,999.27
Balance at end of term$138,091.74

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$9,595
Stress test qualifying rate8.09%
Payment you must qualify for$1,401.86

Cash Needed at Closing

Minimum down payment$9,595
Estimated BC PTT$1,919
Legal / closing costs (typical estimate)$1,500
Total cash needed$13,014

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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