Property Type: Condo / ApartmentOwnership: Strata

3499 LUOMA Road Lot# 189

Malakwa, BC V0E2J0

$126,500

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Amenities

Also listed: Laundry - Coin Op, RV Storage

Property Details

Property & Lot

Sub-type
Other
Lot size
0.06 acres

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$201/mo
Annual property tax
$18,319

Maintenance Fee Includes

WaterGarbageManagement

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

Interior

Fireplace
None

Exterior & Lot

View
Mountain view, View of water
Waterfront
Waterfront on pond

Restrictions & Policies

Pets
Allowed with restrictions
Rentals
Allowed

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

Listing Information

MLS®
10364703
Listed
October 1, 2025
Time on market
On the market for 334 days
Data last synced
August 28, 2026

Listing provided by: eXp Realty (Kelowna) · Data source: CREA DDF.

Description

?? Investment Opportunity: Private RV Lot at Cedars RV Resort ?? Your Nature Retreat Awaits in the Heart of the Shuswap! Discover the perfect blend of tranquility and investment potential with this secluded RV lot in the picturesque Cedars RV Resort, Malakwa, BC. Backing onto a peaceful pond and framed by stunning mountain views, this property is a dream escape for outdoor enthusiasts and savvy investors alike. ?? Property Features: • 10' x 30' Concrete Pad – Ideal for your RV or custom outdoor setup • 8' x 12' Insulated Shed – Great for storage or hobby space • Fire Pit & Picnic Area – Perfect for cozy evenings under the stars • Can be Rented at $1,000/month – A solid income-generating asset ?? Location Highlights: • Nestled in Malakwa, BC – Just 12 mins from Sicamous, 35 mins from Revelstoke • Surrounded by 4 mountain ranges – A paradise for snowmobilers, hikers, and bikers • Minutes from Shuswap & Mara Lakes – Enjoy boating, swimming, and summer fun • Access to old-growth parks and scenic trails – Nature at your doorstep ?? Resort Amenities: • Low monthly maintenance fee of $201.48 includes: • Hydro, water, septic • Snow removal • Full-time caretaker/resort manager • And more Whether you're seeking a private getaway or a profitable rental, this lot offers unmatched value and serenity. ?? Act Now – Opportunities like this don’t last long! Contact us today to schedule a viewing or learn more. (id:63159)

Values & Trends

This listing

Building average

No other active listings in this building

Sicamous average

$822/sqft

3 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: Revelstoke

Clear

13°C

Clear

Humidity 91%

Wind WSW 4 km/h

Tonight

10°

Tuesday

25°

Tuesday night

13°

Wednesday

22°

Wednesday night

12°

Thursday

17°

Source: Environment and Climate Change Canada.

Nearby Schools

SchoolTypeDistance
Parkview Elementary SchoolElementary12.9 km
Eagle River SecondaryK-1212.9 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

Similar active properties nearby based on property type, price, and size.

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($6,325) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$101,200.00
Periodic payment — Principal & Interest (monthly)$652.91
Additional monthly expenses (strata, tax, utilities, etc.)$1,728.06
Total monthly cost$2,380.97
Interest paid over 5-yr term$29,004.21
Balance at end of term$91,029.73

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$6,325
Stress test qualifying rate8.09%
Payment you must qualify for$924.10

Cash Needed at Closing

Minimum down payment$6,325
Estimated BC PTT$1,265
Legal / closing costs (typical estimate)$1,500
Total cash needed$9,090

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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