Property Type: Land / LotOwnership: Freehold

3868 RAINBOW Drive

Logan Lake, BC V1S1Y8

$219,900

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.34 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$606.84

Interior

Fireplace
None

Exterior & Lot

View
Lake view, Mountain view, View of water

Listing Information

MLS®
10391608
Listed
June 16, 2026
Time on market
On the market for 76 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Westwin Realty · Data source: CREA DDF.

Description

Rare find at Lac Le Jeune for an undeveloped lakeview lot close to the lake at the start of Rainbow Dr.. Recently cleared of all trees and stumps with 28loads of clean fill brought in. Road access also created off Rainbow Rd. Several lake access points are close by. Hydro at property line. Current seller has acquired a water license and registered a legal easement down the east side of lot 3 for water line to lake. Buyer to satisfy septic. Surveyed property/easement (staked/pinned) registered. Surveyed in 1911 as Townsite of Trout Lake and since changed to Lac Le Jeune. This community is only 20-25 minutes to Kamloops for an easy commute. Build your dream home or recreational getaway! (id:63159)

Location Insights

Weather

Nearest station: Kamloops

Mostly Cloudy

22°C

Mostly Cloudy

Humidity 48%

Wind ESE 20 km/h

Tonight

13°

Tuesday

28°

Tuesday night

16°

Wednesday

25°

Wednesday night

15°

Thursday

23°

Source: Environment and Climate Change Canada.

Population

2,255

(2021 Census)

+13.1% since 2016

Density: 7/km²

Dwellings: 1,135

Median household income: $66,500

After-tax: $61,600

Immigrant population: 10.2%

Top countries of origin (% of total population)

  • United Kingdom4% · 90
  • Germany1.1% · 25
  • United States of America0.4% · 10
  • Netherlands0.4% · 10

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Pacific Way ElementaryElementary19.6 km
Aberdeen ElementaryElementary20.5 km
McGowan Park ElementaryElementary21.3 km
Dufferin ElementaryElementary21.4 km
Summit ElementaryElementary21.9 km
South Sa-Hali ElementaryElementary22.6 km
Logan Lake ElementaryElementary22.7 km
Logan Lake Elementary SecondaryElementary22.7 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% ($10,995) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$175,920.00
Periodic payment — Principal & Interest (monthly)$1,134.98
Additional monthly expenses (strata, tax, utilities, etc.)$50.57
Total monthly cost$1,185.55
Interest paid over 5-yr term$50,419.18
Balance at end of term$158,240.61

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$10,995
Stress test qualifying rate8.09%
Payment you must qualify for$1,606.41

Cash Needed at Closing

Minimum down payment$10,995
Estimated BC PTT$2,398
Legal / closing costs (typical estimate)$1,500
Total cash needed$14,893

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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