Property Type: Detached HouseOwnership: Freehold

332 Schmidt Road

Clearwater, BC V0E1N2

$449,000

4 bed3 full, 2 half bath1,212 sqftBuilt 1978
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Property Details

Property & Lot

Sub-type
House
Stories
1.5
Lot size
2.11 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$2,503.44

Interior

Basement
Full
Heating
Heat Pump
Cooling / A/C
Heat Pump
Fireplace
None

Exterior & Lot

Pool
Inground pool, Outdoor pool

Room Dimensions

RoomLevelDimensions
Partial bathroomBasement
Partial ensuite bathroomMain level
Full bathroomMain level
WorkshopBasement9'2'' x 9'9''
BedroomBasement13' x 9'9''
Recreation roomBasement10'11'' x 18'11''
BedroomMain level8'7'' x 11'8''
BedroomMain level7'11'' x 12'
Primary BedroomMain level11'6'' x 11'8''
Dining roomMain level9'10'' x 9'10''
KitchenMain level9'10'' x 9'9''
Living roomMain level14'10'' x 14'5''

Listing Information

MLS®
10398199
Listed
August 19, 2026
Time on market
On the market for 12 days
Data last synced
August 28, 2026

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

Description

Priced well below assessed and appraised values, this 2.1-acre property in a desirable subdivision offers excellent potential for buyers willing to renovate. The home needs fresh paint and new flooring throughout, and the inground pool requires a new liner. A heat pump installed in the fall of 2024 provides economical heating and air conditioning. Additional features include a 40’ x 41’ shop and a 37’ x 38’ pole barn. To explore this unique investment opportunity, contact your realtor or the listing realtor to book a showing. (id:63159)

Values & Trends

This listing

$370/sqft

Building average

No other active listings in this building

Clearwater average

$396/sqft

38 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

19°C

Humidity 61%

Wind N 5 km/h

Tonight

Tuesday

26°

Tuesday night

11°

Wednesday

22°

Wednesday night

11°

Thursday

16°

Source: Environment and Climate Change Canada.

Population

2,388

(2021 Census)

+2.8% since 2016

Density: 42.9/km²

Dwellings: 1,145

Median household income: $68,000

After-tax: $62,000

Immigrant population: 6.6%

Top countries of origin (% of total population)

  • United States of America1.7% · 40
  • United Kingdom1.3% · 30
  • Netherlands0.8% · 20

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Clearwater SecondaryElementary4.7 km
Raft River ElementaryElementary6.3 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: Kamloops-Thompson (SD73)

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($22,450) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$359,200.00
Periodic payment — Principal & Interest (monthly)$2,317.44
Additional monthly expenses (strata, tax, utilities, etc.)$269.62
Total monthly cost$2,587.06
Interest paid over 5-yr term$102,947.75
Balance at end of term$323,101.56

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$22,450
Stress test qualifying rate8.09%
Payment you must qualify for$3,280.02

Cash Needed at Closing

Minimum down payment$22,450
Estimated BC PTT$6,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$30,930

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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