4103 Balsam Way
Malakwa, BC V0E2J0
$1,200,000
Property Details
Property & Lot
- Sub-type
- Other
- Lot size
- 24.35 acres
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $2,868.34
Interior
- Fireplace
- None
Exterior & Lot
- View
- Mountain view
Listing Information
- MLS®
- 10341433
- Listed
- April 1, 2025
- Time on market
- On the market for 517 days
- Data last synced
- August 28, 2026
Listing provided by: Coldwell Banker Executives Realty · Data source: CREA DDF.
Description
INCREDIBLE OPPORTUNITY! Rare Large, Flat Acreage in Malakwa, BC This exceptional property, located in the charming town of Malakwa is a unique find. Unlike many parcels, it is situated outside the Agricultural Land Reserve (ALR), granting it immense versatility. The property features six newer drilled wells strategically placed across the acreage, offering access to some of the purest water in this area. This makes it ideal for a range of purposes, whether you’re a truck driver needing ample space for your vehicles and equipment or an investor looking to create a potential RV park. Its prime location along the Trans-Canada Highway provides significant appeal for tourists exploring the stunning Shuswap region. With three separate driveways and engineered roads within the acreage, accessibility is a breeze. The convenience of being just 30 minutes from Revelstoke and only 10 minutes from Sicamous adds to its allure. Additionally, this property is a haven for snowmobile enthusiasts, with heavy winter snowfall and numerous trails leading up the nearby mountains. Whether you’re seeking a recreational retreat or an exceptional investment opportunity, this acreage holds remarkable promise. Don’t miss your chance to make it yours! Seller will consider vendor financing. (id:63159)
Location Insights
Weather
Nearest station: Revelstoke
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.
Location Accessibility
Our own metric — not an official Walk Score®.
Amenities
15
2/9 categories nearby
Transit
—
Not enough data yet
How this is calculated
Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.
Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.
Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Eagle River Secondary | K-12 | 17.5 km |
| Parkview Elementary School | Elementary | 17.5 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.
Nearby Places
Restaurants (1)
- The Burner Grille · 4260 Oxbow Frontage Road251 m
Grocery (1)
- Malakwa Supermarket · 4270 Oxbow Frontage Road317 m
Nearby places data: © OpenStreetMap contributors.
School district: Okanagan-Shuswap (SD83)
Similar Listings Nearby
No similar listings found nearby right now.
Mortgage & Ownership Cost Calculator
Minimum required: 7.9% ($95,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.