Property Type: Condo / ApartmentOwnership: Strata

326 Mara Lake Lane Unit# 703

Sicamous, BC V0E2V1

$789,000

3 bed3 bath2 parking1,556 sqftBuilt 2009
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Property Details

Property & Lot

Sub-type
Apartment
Stories
3
Frontage
400 feet

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$1,141/mo
Annual property tax
$4,469

Maintenance Fee Includes

WaterGarbageManagementHeat

Also included: Ground Maintenance, Electricity, Insurance, Other, See Remarks, Reserve Fund Contributions, Sewer

Interior

Heating
Forced air, Geothermal
Cooling / A/C
Central air conditioning, Geothermal
Fireplace
None
Flooring
Tile, Carpeted, Other
Appliances
Washer, Refrigerator, Range - Electric, Dishwasher, Dryer, Microwave

Exterior & Lot

Exterior features
Stone, Stucco
View
Lake view, Mountain view, View (panoramic)
Waterfront
Waterfront on lake
Pool
Inground pool, Outdoor pool
Lot features
Three Balconies

Building

Roof
Unknown, Unknown
Water source
Municipal water
Sewer
Municipal sewage system
Parcel ID (PID)
027-956-482

Parking

Total spaces
2 — uncovered indicated
Features
Parkade

Restrictions & Policies

Pets
Restrictions apply, Allowed with restrictions
Rentals
Allowed

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

Room Dimensions

RoomLevelDimensions
LoftThird level12'11'' x 13'0''
5pc Ensuite bathSecond level8'7'' x 7'11''
Primary BedroomSecond level14'11'' x 12'0''
4pc Ensuite bathSecond level5'6'' x 8'3''
Primary BedroomLower level12'2'' x 11'6''
3pc Ensuite bathMain level12'10'' x 7'0''
Primary BedroomMain level10'11'' x 11'1''
KitchenMain level11'1'' x 10'11''
Dining roomMain level7'6'' x 9'0''
Living roomMain level10'0'' x 11'0''

Listing Information

MLS®
10382526
Listed
April 10, 2026
Time on market
On the market for 143 days
Data last synced
August 31, 2026

Listing provided by: RE/MAX Vernon · Data source: CREA DDF.

Description

This ELITE SUITE with LAKEVIEW has a PREMIUM BOAT SLIP & A 600 SF ROOFTOP BALCONY perfect for MULTI-FAMILY PURCHASE with 3 BEDROOMS, 3 ENSUITE BATHROOMS & 3 BALCONIES. There are just 16 Premium Boat Slips in the Legacy's marina - accommodating a boat up to 28'. This unit comes with 2 underground parking stalls & you can store your trailer on the P2 level (max size 24'), which is secure, heated & dry. On 3 levels, each level has a balcony with top-floor views of Mara Lake. One level to dine on, one to read & relax on and then there's the rooftop! It offers incredible privacy, room to relax & has proven to be THE place to rest & entertain when you're not on your boat. Whether you're cooking up a feast in the outdoor kitchen, soaking in the hot tub after an early morning ski, socializing on the sectional, or taking in the orange evening sky, it will become your favorite place too. There are 3 bedrooms & 3 bathrooms, allowing for comfort & privacy whether you have a large family, are thinking of a multi-family purchase or just want to entertain. Features include granite counters, a bonus loft for a desk area and all furniture is included - indoors and out. The grounds are well kept with a beautiful pool & deck, complete with loungers, a sandy beach, as well as a gym. Fees include all heating, cooling, lights, water, sewer, strata management, contingency & building manager. Check out the virtual tour & book a showing, in person or by video, to experience it for yourself. (id:63159)

Values & Trends

This listing

$507/sqft

Building average

$589/sqft

1 active listing(s)

Sicamous average

$452/sqft

6 active listing(s)

Parking: 2 stall(s) includedStorage 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.

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

SchoolTypeDistance
Parkview Elementary SchoolElementary1.5 km
Eagle River SecondaryK-122.0 km
North Canoe ElementaryElementary19.9 km
Shuswap SDA(Independent)Elementary/Middle21.2 km
South CanoeElementary/Middle22.4 km
Salmon Arm SecondarySecondary23.2 km
South Broadview ElementaryElementary23.5 km
Bastion 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: Okanagan-Shuswap (SD83)

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 6.8% ($53,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$631,200.00
Periodic payment — Principal & Interest (monthly)$4,072.29
Additional monthly expenses (strata, tax, utilities, etc.)$1,591.11
Total monthly cost$5,663.39
Interest paid over 5-yr term$180,903.73
Balance at end of term$567,766.44

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$53,900
Stress test qualifying rate8.09%
Payment you must qualify for$5,652.66

Cash Needed at Closing

Minimum down payment$53,900
Estimated BC PTT$13,780
Legal / closing costs (typical estimate)$1,500
Total cash needed$69,180

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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