Property Type: Land / LotOwnership: Freehold

435 Scenic Drive

Coldstream, BC V1B2W9

$489,900

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.27 acres
Frontage
109 feet

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$1,256

Interior

Fireplace
None

Exterior & Lot

View
Lake view, Valley view

Listing Information

MLS®
10388066
Listed
May 19, 2026
Time on market
On the market for 104 days
Data last synced
August 28, 2026

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

Description

A very rare Coldstream Valley Estates dream home lot! Build on one of the last lots in a developed neighbourhood with no surprises. View Lot 109 ft frontage x 96 ft. Gently sloping, complete with a view of Kal Lake and Coldstream Valley. Services at the property line but no municipal sewer. Build your dream home in this popular, country setting with plans available. 15 minutes to downtown shopping and the hospital. Silver Star Ski Hill, golfing, and Kal Lake beach nearby. (id:63159)

Location Insights

Weather

Nearest station: Vernon

18°C

Humidity 66%

Wind ESE 16 km/h

Tonight

11°

Tuesday

27°

Tuesday night

14°

Wednesday

24°

Wednesday night

13°

Thursday

19°

Source: Environment and Climate Change Canada.

Population

11,171

(2021 Census)

+4.9% since 2016

Density: 167.8/km²

Dwellings: 4,341

Median household income: $110,000

After-tax: $97,000

Immigrant population: 11.4%

Top countries of origin (% of total population)

  • United Kingdom2.4% · 265
  • Germany1.3% · 150
  • United States of America0.8% · 90
  • India0.7% · 75
  • South Africa, Republic of0.5% · 60
  • Poland0.4% · 50
  • Netherlands0.4% · 40
  • China0.3% · 35

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Hillview ElementaryElementary2.2 km
Coldstream ElementaryElementary2.3 km
Alternative Learning ProgramSecondary2.6 km
Kalamalka SecondaryElementary3.1 km
Vernon SecondaryElementary3.1 km
Kidston ElementaryElementary3.5 km
Silver Star ElementaryElementary3.8 km
St James(Independent)Elementary4.3 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: Vernon (SD22)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($24,495) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$391,920.00
Periodic payment — Principal & Interest (monthly)$2,528.53
Additional monthly expenses (strata, tax, utilities, etc.)$104.67
Total monthly cost$2,633.20
Interest paid over 5-yr term$112,325.40
Balance at end of term$352,533.31

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$24,495
Stress test qualifying rate8.09%
Payment you must qualify for$3,578.80

Cash Needed at Closing

Minimum down payment$24,495
Estimated BC PTT$7,798
Legal / closing costs (typical estimate)$1,500
Total cash needed$33,793

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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