Property Type: OtherOwnership: Freehold

3900 Schubert Road

Armstrong, BC V4Y0J5

$989,500

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Property Details

Property & Lot

Sub-type
Other
Lot size
18.61 acres

Ownership & Fees

Property type
Other
Ownership
Freehold
Annual property tax
$872.9

Interior

Fireplace
None

Exterior & Lot

View
Mountain view, Valley view

Building

Water source
Municipal water
Sewer
Septic tank
Utilities
Water, Sewer, Natural Gas, Electricity
Parcel ID (PID)
008-336-881

Restrictions & Policies

Pets
Allowed

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

Listing Information

MLS®
10376711
Listed
February 23, 2026
Time on market
On the market for 201 days
Data last synced
September 13, 2026

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

Description

Rare offering. 18 acres on the outskirts of Armstrong just minutes to downtown. First time on the market in over 50 years. Exceptional property and character. Gently rolling undulated land that is almost all fully useable. So many great building sites and access points with approx. 1100ft of road frontage on Schubert Rd. Addional or secondary access off HIghland Park Ave would be a excellent access point for a second residence or ? No current water or gas connection but domestic water, Fortis gas, BC Hydro, and telecommunications all available. Within the ALR and zoned A1 Agricultural. Build you dream home and shop, farm or ? Please note GST is in addition to the purchase price, or purchase as a GST registrant. Fortis BC right of way runs through the property. Opportunities like this do not come often and perhaps only once every generation (or second generation). Additional maps and information are available on our website or call or email for more infomation or a private viewing. (id:63159)

Values & Trends

This listing

Building average

No other active listings in this building

Armstrong/ Spall. average

$992/sqft

16 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: Vernon

10°C

Humidity 60%

Wind E 4 km/h

Today

22°

Tonight

Monday

23°

Monday night

11°

Tuesday

20°

Tuesday night

Source: Environment and Climate Change Canada.

Population

5,323

(2021 Census)

+4.1% since 2016

Density: 1,019.7/km²

Dwellings: 2,292

Median household income: $77,500

After-tax: $70,000

Immigrant population: 7.1%

Top countries of origin (% of total population)

  • United Kingdom2% · 105
  • United States of America1.3% · 70
  • Netherlands0.6% · 30
  • Germany0.4% · 20
  • India0.4% · 20
  • Philippines0.3% · 15
  • Mexico0.2% · 10
  • Italy0.2% · 10

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Highland Park ElementaryElementary514 m
Armstrong ElementaryElementary1.3 km
Len Wood Middle SchoolMiddle1.6 km
Pleasant Valley SecondarySecondary1.9 km
North Okanagan Junior Academy(Independent)Elementary/Middle8.5 km
M.V. Beattie ElementaryElementary11.9 km
A.L. Fortune SecondaryK-1212.5 km
Vernon Christian School(Independent)K-1216.3 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: Okanagan-Shuswap (SD83)

Mortgage & Ownership Cost Calculator

Minimum required: 7.5% ($73,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$791,600.00
Periodic payment — Principal & Interest (monthly)$5,107.13
Additional monthly expenses (strata, tax, utilities, etc.)$72.74
Total monthly cost$5,179.88
Interest paid over 5-yr term$226,874.84
Balance at end of term$712,046.76

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$73,950
Stress test qualifying rate8.09%
Payment you must qualify for$7,040.26

Cash Needed at Closing

Minimum down payment$73,950
Estimated BC PTT$17,790
Legal / closing costs (typical estimate)$1,500
Total cash needed$93,240

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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