Property Type: Land / LotOwnership: Freehold

4255 Justin Road

Eagle Bay, BC V0E1T0

$485,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.42 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$3,767

Interior

Fireplace
None

Exterior & Lot

View
Lake view, Mountain view, View of water
Waterfront
Waterfront on lake

Listing Information

MLS®
10392627
Listed
July 2, 2026
Time on market
On the market for 60 days
Data last synced
August 28, 2026

Listing provided by: eXp Realty · Data source: CREA DDF.

Description

RARE OPPORTUNITY to own a spectacular 0.42-acre waterfront lot in the highly sought-after Eagle Bay community on the shores of Shuswap Lake. This exceptional deeded waterfront property features a beautiful beach, shoreline terrace, and a 3/4 HP submersible pump in the lake for your water supply. Whether you're dreaming of a year-round residence or the ultimate lakeside getaway, this prime property provides the perfect canvas to bring your vision to life. Enjoy breathtaking lake views, peaceful surroundings, and direct access to all the recreation Shuswap Lake is famous for—boating, swimming, fishing, paddleboarding, hiking, and more. Conveniently located near local amenities while offering the privacy and tranquility of waterfront living, this is a rare opportunity to secure your own slice of paradise in one of the Shuswap's most desirable communities. Build the home you've always imagined and start making memories at the lake for years to come. (id:63159)

Location Insights

Weather

Nearest station: Salmon Arm

16°C

Humidity 84%

Wind SSE 5 km/h

Tonight

10°

Tuesday

25°

Tuesday night

14°

Wednesday

23°

Wednesday night

12°

Thursday

20°

Source: Environment and Climate Change Canada.

Nearby Schools

SchoolTypeDistance
North Shuswap ElementaryElementary/Middle8.1 km
Carlin Elementary MiddleElementary/Middle14.3 km
Sorrento ElementaryElementary18.1 km
Eagle River SecondaryK-1221.2 km
North Canoe ElementaryElementary21.4 km
Parkview Elementary SchoolElementary21.7 km
Shuswap SDA(Independent)Elementary/Middle21.8 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% ($24,250) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$388,000.00
Periodic payment — Principal & Interest (monthly)$2,503.24
Additional monthly expenses (strata, tax, utilities, etc.)$313.92
Total monthly cost$2,817.16
Interest paid over 5-yr term$111,201.92
Balance at end of term$349,007.25

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$24,250
Stress test qualifying rate8.09%
Payment you must qualify for$3,543.01

Cash Needed at Closing

Minimum down payment$24,250
Estimated BC PTT$7,700
Legal / closing costs (typical estimate)$1,500
Total cash needed$33,450

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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