Property Type: Land / LotOwnership: Freehold

28 Gardom Lake Road

Enderby, BC V0E1V3

$450,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
10.67 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$1,564

Interior

Fireplace
None

Listing Information

MLS®
10327613
Listed
November 4, 2024
Time on market
On the market for 665 days
Data last synced
August 28, 2026

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

Description

Build your dream home on this beautiful, private treed 10 acre property. Close to the Shuswap River, house boating, Silver Star, golfing and just minutes away from Gardom Lake a popular fishing destination not to mention the entire Salmon Arm area. Cedar and Fir trees (approximately 1188 trees) can be logged for additional revenue, you may choose to keep them for the added atmosphere and privacy or better yet harvest part of the property and enjoy the beauty of the rest of the forest. All measurements are approximate. (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

3,028

(2021 Census)

+2.2% since 2016

Density: 710.8/km²

Dwellings: 1,508

Median household income: $59,600

After-tax: $56,000

Immigrant population: 7.6%

Top countries of origin (% of total population)

  • United States of America1.2% · 35
  • United Kingdom1.2% · 35
  • Philippines1.2% · 35
  • Germany0.8% · 25
  • Netherlands0.7% · 20

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Mountain View Christian(Independent)Elementary/Middle105 m
Ranchero Elementary JuniorElementary/Middle4.3 km
Grindrod ElementaryElementary4.3 km
A.L. Fortune SecondaryK-127.3 km
M.V. Beattie ElementaryElementary7.6 km
South CanoeElementary/Middle8.7 km
Hillcrest ElementaryElementary10.0 km
Shuswap Middle SchoolMiddle10.2 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% ($22,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$360,000.00
Periodic payment — Principal & Interest (monthly)$2,322.60
Additional monthly expenses (strata, tax, utilities, etc.)$130.33
Total monthly cost$2,452.93
Interest paid over 5-yr term$103,177.03
Balance at end of term$323,821.16

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$22,500
Stress test qualifying rate8.09%
Payment you must qualify for$3,287.33

Cash Needed at Closing

Minimum down payment$22,500
Estimated BC PTT$7,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$31,000

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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