Property Type: Land / LotOwnership: Freehold

281 HOLLOWAY Drive

Kamloops, BC V1S0B3

$620,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.35 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$2,541

Interior

Fireplace
None

Exterior & Lot

View
Lake view, Mountain view

Listing Information

MLS®
10383871
Listed
May 9, 2026
Time on market
On the market for 114 days
Data last synced
August 28, 2026

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

Description

This exceptional 0.35-acre lakefront lot presents a rare opportunity to build in one of Tobiano’s most sought-after locations. Offering a spacious, flat building area, the property is well-suited to a wide variety of home designs while showcasing sweeping panoramic views of Kamloops Lake. GST has already been paid, providing a smooth and straightforward path to development. Ideally situated just a short walk from the award-winning Tobiano Golf Course, clubhouse, and Bruker Marina, you’ll enjoy immediate access to endless outdoor recreation including hiking, biking, fishing, and boating. Located only 15–20 minutes from Kamloops, this property offers the perfect blend of peaceful lakeside living and convenient city access. Whether you’re planning a full-time residence or a private getaway, this is a standout opportunity to bring your vision to life. Contact us for additional details! (id:63159)

Location Insights

Weather

Mostly Cloudy

22°C

Mostly Cloudy

Humidity 48%

Wind ESE 20 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
Savona ElementaryElementary9.8 km
Parkcrest ElementaryElementary21.4 km
Brocklehurst Secondary SchoolSecondary21.6 km
Kay Bingham ElementaryElementary22.1 km
George Hilliard ElementaryElementary22.7 km
Twin Rivers Education CentreK-1222.8 km
Dufferin ElementaryElementary23.5 km
AE Perry ElementaryElementary23.6 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: 6.0% ($37,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$496,000.00
Periodic payment — Principal & Interest (monthly)$3,200.02
Additional monthly expenses (strata, tax, utilities, etc.)$211.75
Total monthly cost$3,411.77
Interest paid over 5-yr term$142,155.03
Balance at end of term$446,153.60

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$37,000
Stress test qualifying rate8.09%
Payment you must qualify for$4,483.07

Cash Needed at Closing

Minimum down payment$37,000
Estimated BC PTT$10,400
Legal / closing costs (typical estimate)$1,500
Total cash needed$48,900

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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