Property Type: Land / LotOwnership: Freehold

2902 Cedar Drive

Blind Bay, BC V0E2W2

$110,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.26 acres
Frontage
80 feet

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$765.51

Interior

Fireplace
None

Exterior & Lot

View
Mountain view, View (panoramic)

Listing Information

MLS®
10398664
Listed
August 24, 2026
Time on market
On the market for 7 days
Data last synced
August 28, 2026

Listing provided by: Coldwell Banker Executives Realty · Data source: CREA DDF.

Description

Bring your building plans to life on this generous, gently graded lot in an established and growing Cedar Drive neighborhood. With much of the preliminary work already completed, this property offers a great head start for your future home or next build. A surveyor site plan and septic perc test have been completed and registered, with a full set of building plans also available for serious inquiries. The gentle grade provides easy access and plenty of flexibility when designing your home and outdoor spaces. Enjoy a location that puts recreation right at your doorstep, with walking access from the rear of the property to Mt. Tuam Park and beautiful Shuswap Lake just minutes away for boating, swimming and summer days on the water. Easy access to the Trans-Canada Highway (Hwy 1) makes getting around convenient, while Blind Bay Village Grocer, Shuswap Lake Golf Course, beaches, hiking trails, restaurants, marinas and other local amenities are all within approximately 10 minutes. A great opportunity to secure a ready-to-plan property in the Shuswap and start creating something of your own! (id:63159)

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.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

4

1/9 categories nearby

Transit

Not enough data yet

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Sorrento ElementaryElementary6.2 km
North Shuswap ElementaryElementary/Middle7.3 km
Carlin Elementary MiddleElementary/Middle8.3 km
Shuswap SDA(Independent)Elementary/Middle18.4 km
North Canoe ElementaryElementary18.8 km
Salmon Arm SecondarySecondary21.1 km
Bastion ElementaryElementary21.3 km
Salmon Arm West ElementaryElementary21.4 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.

Nearby Places

Parks (1)

  • Unnamed631 m

Nearby places data: © OpenStreetMap contributors.

School district: Okanagan-Shuswap (SD83)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($5,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$88,000.00
Periodic payment — Principal & Interest (monthly)$567.75
Additional monthly expenses (strata, tax, utilities, etc.)$63.79
Total monthly cost$631.54
Interest paid over 5-yr term$25,221.05
Balance at end of term$79,156.28

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$5,500
Stress test qualifying rate8.09%
Payment you must qualify for$803.57

Cash Needed at Closing

Minimum down payment$5,500
Estimated BC PTT$1,100
Legal / closing costs (typical estimate)$1,500
Total cash needed$8,100

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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