Property Type: Land / LotOwnership: Freehold

351 Oxbow Place

Enderby, BC V0E1V1

$299,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
2.5 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$0

Interior

Fireplace
None

Listing Information

MLS®
10340388
Listed
March 24, 2025
Time on market
On the market for 525 days
Data last synced
August 28, 2026

Listing provided by: Real Broker B.C. Ltd · Data source: CREA DDF.

Description

Lot 7~351 Oxbow Place. This lot offers great views! Take advantage of this fabulous opportunity to build your dream home. Gently sloping, well treed, 2.5 acre lot. Excellent views of Enderby, river, valley and cliffs. Ready to build with driveway & well installed. Many good building sites. Access off Ravens Roost driveway. Private driveway. Telus Fiber Optics at lot line. Area of new homes. Hwy 97A to Enderby, LEFT onto Knight Ave, RIGHT onto Salmon Arm Drive, follow all the way & go LEFT onto Gunter Ellison Road, follow & then slight RIGHT onto Twin Lakes Road then RIGHT onto Oxbow Place (id:63159)

Location Insights

Weather

Nearest station: Salmon Arm

13°C

Humidity 91%

Wind S 2 km/h

Tonight

10°

Tuesday

25°

Tuesday night

14°

Wednesday

23°

Wednesday night

12°

Thursday

20°

Source: Environment and Climate Change Canada.

Population

3,028

(2021 Census)

+2.2% since 2016

Density: 710.8/km²

Dwellings: 1,508

Median household income: $59,600

After-tax: $56,000

Immigrant population: 7.6%

Top countries of origin (% of total population)

  • United States of America1.2% · 35
  • United Kingdom1.2% · 35
  • Philippines1.2% · 35
  • Germany0.8% · 25
  • Netherlands0.7% · 20

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
A.L. Fortune SecondaryK-122.5 km
M.V. Beattie ElementaryElementary2.7 km
Mountain View Christian(Independent)Elementary/Middle5.1 km
Grindrod ElementaryElementary6.4 km
Ranchero Elementary JuniorElementary/Middle9.2 km
South CanoeElementary/Middle13.6 km
Highland Park ElementaryElementary14.1 km
Silver Creek Elementary SecondaryElementary/Middle14.4 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% ($14,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$239,200.00
Periodic payment — Principal & Interest (monthly)$1,543.24
Additional monthly expenses (strata, tax, utilities, etc.)$0.00
Total monthly cost$1,543.24
Interest paid over 5-yr term$68,555.41
Balance at end of term$215,161.17

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$14,950
Stress test qualifying rate8.09%
Payment you must qualify for$2,184.25

Cash Needed at Closing

Minimum down payment$14,950
Estimated BC PTT$3,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$20,430

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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