Property Type: OtherOwnership: Freehold

3 Heron Lane

Lee Creek, BC V0E1M4

$159,900

Get Directions

Amenities

Also listed: Recreation Centre, RV Storage, Whirlpool, Clubhouse

Property Details

Property & Lot

Sub-type
Other
Lot size
0.05 acres

Ownership & Fees

Property type
Other
Ownership
Freehold
Strata / maintenance fee
$362/mo
Annual property tax
$1,000

Interior

Fireplace
None

Exterior & Lot

Waterfront
Waterfront on lake

Restrictions & Policies

Pets
Allowed

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Listing Information

MLS®
10391969
Listed
June 18, 2026
Time on market
On the market for 74 days
Data last synced
August 28, 2026

Listing provided by: REMAX Shuswap · Data source: CREA DDF.

Description

Welcome to this beautifully maintained recreational RV lot in the sought-after Cottonwood Cove Resort in Lee Creek, just steps from the sparkling waters of Shuswap Lake. Offering a rare combination of privacy, comfort, and resort-style amenities, this fully fenced lot features an expansive paving stone patio, lush green space, gazebo, storage shed, and plenty of room for entertaining family and friends. Whether you're looking for the perfect summer retreat or an investment opportunity, this property delivers. Enjoy access to the resort's swimming pool, hot tub, laundry facilities, onsite convenience store, and stunning waterfront with sandy beaches. For boating enthusiasts, a boat slip in the marina is available for an additional fee, making it easy to spend your days exploring all that Shuswap Lake has to offer. When you're not enjoying the Shuswap lifestyle yourself, take advantage of the optional rental pool program to help offset ownership costs. Adventure is right outside your door with nearby walking and hiking trails, boating, fishing, and the renowned Talking Rock Golf Course just a short drive away. Spend your days at the lake, your evenings around the fire, and create memories that will last a lifetime in one of the Shuswap's most popular recreational communities. Monthly strata fee is $362.36. Gated community so appointments are required to view. RV can be purchased separately through Bill of Sale directly with the Sellers. (id:63159)

Values & Trends

This listing

Building average

No other active listings in this building

North Shuswap average

$528/sqft

19 active listing(s)

Parking: Not indicatedStorage locker: Not indicated

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.

Nearby Schools

SchoolTypeDistance
Sorrento ElementaryElementary5.5 km
Haldane ElementaryElementary13.9 km
Chase Elementary-SecondaryElementary13.9 km
North Shuswap ElementaryElementary/Middle14.5 km
Carlin Elementary MiddleElementary/Middle18.4 km
Sun Peaks SchoolElementary/Middle23.6 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: Okanagan-Shuswap (SD83)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($7,995) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$127,920.00
Periodic payment — Principal & Interest (monthly)$825.30
Additional monthly expenses (strata, tax, utilities, etc.)$445.69
Total monthly cost$1,270.99
Interest paid over 5-yr term$36,662.24
Balance at end of term$115,064.45

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$7,995
Stress test qualifying rate8.09%
Payment you must qualify for$1,168.10

Cash Needed at Closing

Minimum down payment$7,995
Estimated BC PTT$1,599
Legal / closing costs (typical estimate)$1,500
Total cash needed$11,094

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.

Request more information