Property Type: Land / LotOwnership: Freehold

5008 BLOCK DRIVE

108 Mile Ranch, BC V0K2Z0

$175,000

Get Directions

Property Details

Property & Lot

Lot size
0.82 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$1,052.2 (2025)

Interior

Fireplace
None

Exterior & Lot

View
View

Listing Information

MLS®
R3118534
Listed
May 1, 2026
Time on market
On the market for 122 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: eXp Realty (100 Mile) · Data source: CREA DDF.

Description

One of the nicest properties in the 108- this lot is a prime candidate for development. Large, level lot with a benched area facing South West over the green belt- perfect for a walk-out basement or private garden/seating area. The property slopes down to the valley for easy access- great for summer hiking, biking, and horseback riding, winter cross-country skiing and snowmobiling. Close to 108 Ranch shops and gas bar. The driveway is in, power and gas lines are on the lot. Build your dream home in this quiet location with panoramic views. There is room for a shop and all your toys; existing trees provide a nice buffer from the road. There are very few bare land properties bordering Walker Valley remaining. Take a look- you will be impressed with the potential. (id:63159)

Location Insights

Weather

Nearest station: 100 Mile House

Cloudy

15°C

Cloudy

Humidity 59%

Wind SE 9 km/h

Tonight

12°

Tuesday

24°

Tuesday night

15°

Wednesday

21°

Wednesday night

12°

Thursday

18°

Source: Environment and Climate Change Canada.

Nearby Schools

SchoolTypeDistance
Mile 108 ElementaryElementary1.9 km
100 Mile House ElementaryElementary9.4 km
PSO Outback StorefrontSecondary9.8 km
Peter Skene Ogden SecondarySecondary10.2 km
Lac La Hache ElementaryElementary13.8 km
Forest Grove ElementaryElementary18.8 km
Horse Lake ElementaryElementary22.3 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: Cariboo-Chilcotin (SD27)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($8,750) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$140,000.00
Periodic payment — Principal & Interest (monthly)$903.23
Additional monthly expenses (strata, tax, utilities, etc.)$87.68
Total monthly cost$990.92
Interest paid over 5-yr term$40,124.40
Balance at end of term$125,930.45

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$8,750
Stress test qualifying rate8.09%
Payment you must qualify for$1,278.40

Cash Needed at Closing

Minimum down payment$8,750
Estimated BC PTT$1,750
Legal / closing costs (typical estimate)$1,500
Total cash needed$12,000

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.

Request more information