302 Mara Lake Lane Unit# 208
Sicamous, BC V0E2V1
$549,000
Amenities
Also listed: Recreation Centre, RV Storage, Whirlpool, Cable TV
Property Details
Property & Lot
- Sub-type
- Apartment
- Stories
- 1
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Strata
- Strata / maintenance fee
- $417/mo
- Annual property tax
- $2,629.8
Interior
- Heating
- Forced air, Electric
- Cooling / A/C
- Central air conditioning
- Fireplace
- None
Exterior & Lot
- Exterior features
- Vinyl siding
- View
- Mountain view
- Pool
- Inground pool
Building
- Roof
- Asphalt shingle, Unknown
Parking
- Total spaces
- 2 — uncovered indicated
- Features
- Underground, Parkade, Stall
Restrictions & Policies
- Rentals
- Allowed
As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Full ensuite bathroom | Main level | 5'4'' x 8'5'' |
| Bedroom | Main level | 9'7'' x 9'5'' |
| Full ensuite bathroom | Main level | 10'2'' x 13'2'' |
| Primary Bedroom | Main level | 12'7'' x 10'3'' |
| Living room | Main level | 11'8'' x 13'8'' |
| Kitchen | Main level | 9'11'' x 10'9'' |
Listing Information
- MLS®
- 10395825
- Listed
- July 24, 2026
- Time on market
- On the market for 38 days
- Data last synced
- August 28, 2026
Listing provided by: Riley & Associates Realty Ltd. · Data source: CREA DDF.
Description
Welcome to Grandview Shores on Mara Lake! This is a great investment opportunity or a fantastic getaway for personal use. Included with your purchase is a 25 foot boat slip, two unit parking spots & a storage locker. Monthly strata fees include sewer, water, common grounds and beachfront maintenance, property management and more. Primed for either short-term rentals or long term occupancy, you have some flexibility in what works for you. The current owner has used it as a rental property, and the potential for year-round revenue is apparent, especially during the summer high season from May to September. Building amenities include a large sprawling common area including a gym, heated pool and hot tub, as well as prime sandy west facing beachfront on Mara Lake. You are just a stone’s throw from the action here, with downtown Sicamous within 10 minutes by vehicle, and Salmon Arm about 25 minutes away. Enjoy prime access to all that the Shuswap and Mara Lake have to offer, including world class boating, trail riding, hiking, dining, wining, golfing, and much more. Call today to to book your private viewing. (id:63159)
Values & Trends
This listing
$595/sqft
Building average
$616/sqft
1 active listing(s)
Sicamous average
$438/sqft
6 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
2,613
(2021 Census)
+7.6% since 2016
Density: 204.1/km²
Dwellings: 1,905
Median household income: $65,000
After-tax: $60,400
Immigrant population: 5.7%
Top countries of origin (% of total population)
- United Kingdom1.5% · 40
- United States of America1% · 25
- Germany0.6% · 15
- Italy0.4% · 10
- Netherlands0.4% · 10
Source: Statistics Canada, 2021 Census of Population.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Parkview Elementary School | Elementary | 1.5 km |
| Eagle River Secondary | K-12 | 2.0 km |
| North Canoe Elementary | Elementary | 19.9 km |
| Shuswap SDA(Independent) | Elementary/Middle | 21.2 km |
| South Canoe | Elementary/Middle | 22.4 km |
| Salmon Arm Secondary | Secondary | 23.2 km |
| South Broadview Elementary | Elementary | 23.5 km |
| Bastion Elementary | Elementary | 23.6 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)
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Mortgage & Ownership Cost Calculator
Minimum required: 5.4% ($29,900) — 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.