282 97B Highway
Enderby, BC V0E1V3
$3,000,000
Property Details
Property & Lot
- Sub-type
- Multi-Family
- Lot size
- 3.48 acres
Ownership & Fees
- Property type
- Other
- Ownership
- Freehold
- Annual property tax
- $3,898.01
Interior
- Heating
- See remarks
- Fireplace
- None
Parking
- Features
- Additional Parking
Listing Information
- MLS®
- 10397797
- Listed
- August 14, 2026
- Time on market
- On the market for 17 days
- Data last synced
- August 28, 2026
Listing provided by: Business Finders Canada · Data source: CREA DDF.
Description
Outstanding Revenue Property located minutes from Gardom Lake! This 3.48-acre, highway commercial zoned lot comes improved with 19 separate residential suites featuring eleven (11) mobile homes, three (3) cabins, including a duplex cabin, two (2) suites above grade in the shop & two (2) pad rentals. All units are serviced with water and septic, cablevision, natural gas, electrical, gravel driveways & landscaping. Given the location along the well-traveled highway corridor between Enderby & Salmon Arm and given the sites’ highway commercial zoning with +/- 380 ft of highway frontage & service road, a range of possible service, recreation or retail-oriented uses would be feasible, including servicing the on-going demand for RV/Cabin-based lodging. Site improvements include two (2) drilled wells, several septic systems servicing the 19 units + three (3) transformers & 400-amp service provide plenty of power & water. The property has benefitted from a regular schedule of maintenance & upgrades. Also included is an +/- 1,980 SF shop building with 16ft ceilings, mechanical room + two (2) bachelor suites above grade. Opportunities to acquire income producing assets with flexible highway commercial zoning like this rarely come to market. The property produces $221,972.52 of gross annual revenue. Surplus land may be suitable for mobile home park expansion or some other use within the permitted C-2 zoning. (id:63159)
Values & Trends
This listing
—
Building average
—
No other active listings in this building
Enderby / Grindrod average
$1,143/sqft
14 active listing(s)
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: Salmon Arm
16°C
—
Humidity 84%
Wind SSE 5 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
| School | Type | Distance |
|---|---|---|
| Mountain View Christian(Independent) | Elementary/Middle | 399 m |
| Grindrod Elementary | Elementary | 4.0 km |
| Ranchero Elementary Junior | Elementary/Middle | 4.3 km |
| A.L. Fortune Secondary | K-12 | 7.1 km |
| M.V. Beattie Elementary | Elementary | 7.5 km |
| South Canoe | Elementary/Middle | 8.8 km |
| Hillcrest Elementary | Elementary | 10.1 km |
| Shuswap Middle School | Middle | 10.4 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)
Similar Listings Nearby
Similar active properties nearby based on property type, price, and size.
Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($600,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.