Property Type: Detached HouseOwnership: Freehold

48 Mabel Lake Subdivision Road

Mabel Lake, BC V0E1V5

$650,000

3 bed1 bath0 parking1,533 sqftBuilt 2003
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Property Details

Property & Lot

Sub-type
House
Stories
1
Lot size
0.46 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$1,640.56

Interior

Basement
Crawl space
Heating
Baseboard heaters, Electric, See remarks
Fireplace
Yes (1)
Fireplace type
Wood, Conventional
Flooring
Tile, Laminate, Carpeted

Exterior & Lot

Exterior features
Vinyl siding
View
Lake view, Mountain view

Building

Roof
Metal, Unknown

Parking

Total spaces
0 — covered indicated
Features
Detached Garage, See Remarks, Heated Garage, Additional Parking

Room Dimensions

RoomLevelDimensions
Laundry roomMain level7'5'' x 10'2''
Dining roomMain level8'5'' x 12'7''
WorkshopMain level23'0'' x 15'1''
BedroomMain level11'7'' x 28'8''
BedroomMain level13'6'' x 10'6''
4pc BathroomMain level7'5'' x 10'2''
Primary BedroomMain level13'6'' x 12'2''
Living roomMain level15'3'' x 19'11''
KitchenMain level12'7'' x 12'5''

Listing Information

MLS®
10387411
Listed
May 14, 2026
Time on market
On the market for 109 days
Data last synced
August 28, 2026

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

Description

Nestled just one row back from the shores of Mabel Lake, this charming all-season cabin is the perfect family retreat and a place to create memories. Enjoy sunny summer days on the water, cozy fall evenings by the fire, and peaceful winter escapes surrounded by nature. Nearby recreation includes golf, dining, fishing, boating, and shoreline paddles. This turnkey property is fully furnished & move-in ready, complete with appliances, kitchen essentials, beds, outdoor furniture, games, and everything needed to start enjoying lake life. All included 14-foot fishing boat, quad with utility trailer, riding lawn mower, tools, firewood. The bunkhouse/shop offers great storage and flexible space for a workshop, games room, or extra sleeping accommodations. Set on nearly half an acre, the property is surrounded by mature trees and wildflowers, creating a private setting with plenty of room for outdoor activities and campfires. Directly across from the cabin is legal access to the sandy beach, shared dock, and private buoy moorage for easy boating adventures. Access is available via the marina or scenic backroad drive. Inside features a spacious open-concept kitchen and living area ideal for entertaining. A kids’ bedroom and rec room provide added flexibility, while Wi-Fi and phone service keep you connected. The wraparound partially covered sundeck is perfect for relaxing or BBQing in any weather. Just bring essentials and start enjoying the unforgettable Mabel Lake lifestyle. (id:63159)

Values & Trends

This listing

$424/sqft

Building average

No other active listings in this building

Ashton Crk/Mabel Lk average

$410/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

Nearest station: Salmon Arm

15°C

Humidity 88%

Wind S 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

No schools found within a reasonable distance of this property.

Nearby Transit

No TransLink stops within an ~10-minute walk.

School district: Okanagan-Shuswap (SD83)

Mortgage & Ownership Cost Calculator

Minimum required: 6.2% ($40,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$520,000.00
Periodic payment — Principal & Interest (monthly)$3,354.86
Additional monthly expenses (strata, tax, utilities, etc.)$213.71
Total monthly cost$3,568.58
Interest paid over 5-yr term$149,033.49
Balance at end of term$467,741.68

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$40,000
Stress test qualifying rate8.09%
Payment you must qualify for$4,690.69

Cash Needed at Closing

Minimum down payment$40,000
Estimated BC PTT$11,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$52,500

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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