4990 Sunnybrae-Canoe Point Road Unit# 1
Tappen, BC V0E2X1
$1,250,000
Property Details
Property & Lot
- Sub-type
- Other
- Lot size
- 0.37 acres
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Strata / maintenance fee
- $191/mo
- Annual property tax
- $0
Interior
- Fireplace
- None
Exterior & Lot
- View
- Lake view, Mountain view, View of water, View (panoramic)
Restrictions & Policies
- Pets
- Allowed, Restrictions apply, Allowed with restrictions
As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.
Listing Information
- MLS®
- 10393484
- Listed
- July 3, 2026
- Time on market
- On the market for 59 days
- Data last synced
- August 28, 2026
Listing provided by: Sotheby's International Realty Canada · Data source: CREA DDF.
Description
Experience an extraordinary opportunity to build your custom waterfront estate at Lot 1 in the exclusive Herald’s Bay community, where luxury living meets the unmatched beauty of Shuswap Lake. Boasting approximately 100 feet of south-facing waterfront, this exceptional homesite offers the ability to install a private dock, providing direct access to boating, paddleboarding, swimming, fishing, and endless days on the water. Fully subdivided, professionally staked, and serviced by community sewer, Lot 1 is ready for your vision. Select lots within the development include professionally designed architectural plans, allowing you to accelerate the building process with confidence. With only nine waterfront lots available, Herald’s Bay offers a rare opportunity to secure one of the Shuswap's premier waterfront addresses. Beyond the property, you'll discover everything that makes the Shuswap one of British Columbia's most desirable recreational destinations. Enjoy championship golf courses, renowned hiking and mountain biking trails, nearby marinas, wineries, local cafes and restaurants, and year-round outdoor adventure. Herald Provincial Park, with its sandy beaches, boat launch, camping, Margaret Falls hiking trail, and day-use facilities, is just minutes away, while the nearby communities of Sorrento, Blind Bay, Salmon Arm, and Chase provide convenient shopping, dining, healthcare, and everyday amenities. Whether you're envisioning a luxurious year-round residence or an unforgettable retreat, Lot 1 offers an exceptional canvas to create a legacy property in one of British Columbia's most spectacular waterfront settings. (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
| School | Type | Distance |
|---|---|---|
| North Canoe Elementary | Elementary | 6.4 km |
| Shuswap SDA(Independent) | Elementary/Middle | 7.4 km |
| Carlin Elementary Middle | Elementary/Middle | 9.6 km |
| Salmon Arm Secondary | Secondary | 10.6 km |
| Bastion Elementary | Elementary | 11.0 km |
| South Broadview Elementary | Elementary | 11.4 km |
| King's Christian School(Independent) | K-12 | 11.6 km |
| South Canoe | Elementary/Middle | 12.0 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)
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Mortgage & Ownership Cost Calculator
Minimum required: 8.0% ($100,000) — 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.