Property Type: Land / LotOwnership: Freehold

5036 Heritage Drive

Eagle Bay, BC V0E1T0

$289,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
1.5 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$650

Interior

Fireplace
None

Building

Water source
Community Water User's Utility
Sewer
Septic tank
Utilities
Water, Sewer, Electricity, Cable, Telephone
Parcel ID (PID)
023-790-792

Restrictions & Policies

Pets
Allowed

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Listing Information

MLS®
10381724
Listed
April 2, 2026
Time on market
On the market for 151 days
Data last synced
August 31, 2026

Listing provided by: Sotheby's International Realty Canada · Data source: CREA DDF.

Description

Discover the perfect blend of nature and convenience with this exceptional 1.46-acre building site in the heart of Eagle Bay, with a spectacular sunset Shuswap Lake view. Spectacular ATV/Snowmobiling is only two blocks away. The store is one minute away, and Finz Pub is 15 minutes away. Already in place is a moveable 2016 cabin (approx. 400 sq ft), featuring a cozy Brentwood wood stove, elegant vinyl plank flooring, fresh paint, and a spacious 15’x12’ sundeck—ideal for soaking in the stunning sunsets and breathtaking lake and mountain views. This cabin be easily move to one of the RV sites. Plus, a 12’x12’ storage shed ensures you have all the space you need to securely store your outdoor gear. This large building lot offers the perfect canvas for your dream home or getaway, with expansive lake views, just minutes from Shuswap Lake. Peace and privacy are guaranteed, nestled on a quiet municipal road, with trains or highways. But that’s not all! With a fully licensed septic system already installed, capable of servicing 2 bedrooms house, you’re one step closer to making your dream home a reality. Plus, the property comes with two established RV sites—one with 50 amp service, the other with a 20 amp service, farm service water, and septic access—offering endless possibilities for enjoyment now, or as you build. Enjoy the beauty, serenity, and potential of this rare property. Build when you’re ready, but start living the lifestyle you deserve today! (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

SchoolTypeDistance
North Shuswap ElementaryElementary/Middle11.1 km
Carlin Elementary MiddleElementary/Middle14.7 km
Eagle River SecondaryK-1218.2 km
Parkview Elementary SchoolElementary18.7 km
North Canoe ElementaryElementary20.3 km
Sorrento ElementaryElementary20.4 km
Shuswap SDA(Independent)Elementary/Middle20.9 km
Salmon Arm SecondarySecondary24.3 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: Okanagan-Shuswap (SD83)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($14,450) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$231,200.00
Periodic payment — Principal & Interest (monthly)$1,491.62
Additional monthly expenses (strata, tax, utilities, etc.)$54.17
Total monthly cost$1,545.79
Interest paid over 5-yr term$66,262.58
Balance at end of term$207,965.15

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$14,450
Stress test qualifying rate8.09%
Payment you must qualify for$2,111.19

Cash Needed at Closing

Minimum down payment$14,450
Estimated BC PTT$3,780
Legal / closing costs (typical estimate)$1,500
Total cash needed$19,730

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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