Property Type: Land / LotOwnership: Freehold

4258 4th Avenue

Peachland, BC V0H1X5

$359,900

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.32 acres
Frontage
90 feet

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$1,905

Interior

Fireplace
None

Exterior & Lot

View
Lake view

Listing Information

MLS®
10388755
Listed
May 27, 2026
Time on market
On the market for 97 days
Data last synced
August 28, 2026

Listing provided by: Team 3000 Realty Ltd · Data source: CREA DDF.

Description

Beautiful Lot with south facing views of the lake. Lot is sloped with plans available for a modern rancher w/walkout basement. Access will be off the right of way on 4th Ave. The Lot stretches between 2nd & 4th ave. Sellers have done all the permitting necessary to start construction. This includes a legal survey, CEA Energy Compliance Report, Septic plan, approved Hillside DP, Structural IFP, Structural schedule B, & Geotechnical report. The current building permit is now cancelled and a new application will be required. (id:63159)

Location Insights

Weather

Nearest station: Summerland

17°C

Humidity 56%

Wind SW 4 km/h

Tonight

12°

Tuesday

27°

Tuesday night

15°

Wednesday

24°

Wednesday night

13°

Thursday

19°

Source: Environment and Climate Change Canada.

Population

5,789

(2021 Census)

+6.7% since 2016

Density: 359.6/km²

Dwellings: 2,936

Median household income: $81,000

After-tax: $72,500

Immigrant population: 15.8%

Top countries of origin (% of total population)

  • United Kingdom5.7% · 330
  • Germany2.3% · 135
  • United States of America1.6% · 90
  • Netherlands0.8% · 45
  • Korea, South0.3% · 20
  • Viet Nam0.3% · 20
  • Italy0.3% · 15
  • China0.3% · 15

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

19

4/9 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

SchoolTypeDistance
Peachland ElementaryElementary523 m
Glenrosa Middle SchoolMiddle7.2 km
Webber Road ElementaryElementary7.4 km
Helen Gorman ElementaryElementary7.7 km
Glenrosa ElementaryElementary7.8 km
Our Lady of Lourdes(Independent)Elementary/Middle8.1 km
Shannon Lake ElementaryElementary10.9 km
Sensisyusten House of Learning(Independent)Elementary11.1 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

Cafes (1)

  • Bliss Bakery · 4200 Beach Avenue423 m

Grocery (1)

  • IGA599 m

Parks (1)

  • Unnamed507 m

Shopping (1)

  • Unnamed561 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($17,995) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$287,920.00
Periodic payment — Principal & Interest (monthly)$1,857.56
Additional monthly expenses (strata, tax, utilities, etc.)$158.75
Total monthly cost$2,016.31
Interest paid over 5-yr term$82,518.70
Balance at end of term$258,984.97

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$17,995
Stress test qualifying rate8.09%
Payment you must qualify for$2,629.13

Cash Needed at Closing

Minimum down payment$17,995
Estimated BC PTT$5,198
Legal / closing costs (typical estimate)$1,500
Total cash needed$24,693

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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