Property Type: Detached HouseOwnership: Freehold

3903 MONTE LAKE Road

Kamloops, BC V0E2N0

$535,000

3 bed2 bath2,350 sqftBuilt 2022
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
1.23 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$2,957

Interior

Basement
Partial
Heating
Forced air, See remarks
Fireplace
None
Flooring
Mixed Flooring

Exterior & Lot

Exterior features
Wood siding

Building

Roof
Metal, Unknown

Parking

Features
RV, Oversize, Additional Parking

Room Dimensions

RoomLevelDimensions
Primary BedroomSecond level15' x 22'5''
Living roomSecond level22'5'' x 19'
OtherBasement6'0'' x 8'0''
Full bathroomSecond level21'0'' x 10'0''
BedroomMain level15'0'' x 10'8''
Primary BedroomMain level15'0'' x 10'8''
Living roomMain level15'0'' x 11'6''
Dining roomMain level15'0'' x 11'6''
KitchenMain level15'0'' x 11'6''
3pc BathroomMain level8' x 8'

Listing Information

MLS®
10395831
Listed
July 24, 2026
Time on market
On the market for 38 days
Data last synced
August 28, 2026

Listing provided by: Coldwell Banker Executives Realty · Data source: CREA DDF.

Description

Well constructed 2050 square foot two story timber frame cabin on 1 acre plus with huge character and endless possibilities. Bright open concept design. Nice cross between rustic and modern living. Portion of the property zoned Commercial. Short drive from Kamloops. (id:63159)

Values & Trends

This listing

$228/sqft

Building average

No other active listings in this building

Monte Lake/Westwold average

$430/sqft

6 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

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

97,902

(2021 Census)

+8.4% since 2016

Density: 328.6/km²

Dwellings: 41,619

Median household income: $88,000

After-tax: $78,000

Immigrant population: 9.9%

Top countries of origin (% of total population)

  • United Kingdom1.5% · 1,425
  • India1.3% · 1,240
  • United States of America0.8% · 790
  • Philippines0.8% · 750
  • Germany0.6% · 555
  • Italy0.5% · 535
  • China0.3% · 320
  • South Africa, Republic of0.3% · 250

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Westwold ElementaryElementary8.9 km
Falkland Elementary Junior SchoolElementary/Middle19.9 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: Kamloops-Thompson (SD73)

Mortgage & Ownership Cost Calculator

Minimum required: 5.3% ($28,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$428,000.00
Periodic payment — Principal & Interest (monthly)$2,761.31
Additional monthly expenses (strata, tax, utilities, etc.)$364.42
Total monthly cost$3,125.73
Interest paid over 5-yr term$122,666.03
Balance at end of term$384,987.38

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$28,500
Stress test qualifying rate8.09%
Payment you must qualify for$3,894.81

Cash Needed at Closing

Minimum down payment$28,500
Estimated BC PTT$8,700
Legal / closing costs (typical estimate)$1,500
Total cash needed$38,700

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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