Property Type: Detached HouseOwnership: Freehold

5121 IVY Road

Eagle Bay, BC V0E1T0

$1,275,000

3 bed2 bath2 parking3,300 sqftBuilt 1997
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Property Details

Property & Lot

Sub-type
House
Stories
1
Lot size
1.1 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,463

Interior

Heating
Heat Pump, Radiant heat, See remarks, Hot Water
Cooling / A/C
Central air conditioning, Heat Pump
Fireplace
None

Parking

Total spaces
2 — covered indicated
Features
Detached Garage, RV, Oversize

Room Dimensions

RoomLevelDimensions
Full bathroomMain level8'4'' x 6'8''
FoyerMain level11' x 18'
DenMain level13' x 13'
Primary BedroomMain level20' x 24'
Dining roomMain level14' x 10'
BedroomMain level19' x 10'
BedroomMain level14' x 13'
5pc Ensuite bathMain level19' x 16'
KitchenMain level17' x 12'
Living roomMain level18' x 45'

Listing Information

MLS®
10396229
Listed
July 31, 2026
Time on market
On the market for 32 days
Data last synced
August 28, 2026

Listing provided by: Judy Lindsay Okanagan · Data source: CREA DDF.

Description

Welcome to a rare property in the Shuswap! This stunning home situated in the Eagle Bay area boasts breathtaking views of Shuswap Lake. Situated on 1.10 acres, this property has a lot to offer. Parking for numerous vehicles and toys, both attached and detached garage and workshop. This home was updated in 2020 which include interior, exterior and property improvements. The landscape offers privacy, with plenty of room for entertaining and enjoying the outdoors. This expansive bungalow is 3300 sq ft, with a large primary bedroom and dreamy ensuite. This 2 bedroom home has an executive office/den, 2 fireplaces, in floor heating, open beam timbers and a guest house bedroom. The gourmet kitchen has granite countertops an abundant kitchen cabinets, island, and newer appliances. The large custom living room combined with the covered courtyard patio and french doors, make this home a great space for entertaining. This property is close to amenities in Blind Bay, Sorrento, and Salmon Arm. You don't want to miss out on this rare Shuswap property! (id:63159)

Values & Trends

This listing

$386/sqft

Building average

No other active listings in this building

Eagle Bay average

$529/sqft

15 active listing(s)

Parking: 2 stall(s) includedStorage 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

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/Middle11.4 km
Carlin Elementary MiddleElementary/Middle14.7 km
Eagle River SecondaryK-1217.8 km
Parkview Elementary SchoolElementary18.3 km
North Canoe ElementaryElementary20.1 km
Sorrento ElementaryElementary20.7 km
Shuswap SDA(Independent)Elementary/Middle20.7 km
Salmon Arm SecondarySecondary24.2 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: 8.0% ($102,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,020,000.00
Periodic payment — Principal & Interest (monthly)$6,580.69
Additional monthly expenses (strata, tax, utilities, etc.)$536.92
Total monthly cost$7,117.61
Interest paid over 5-yr term$292,334.93
Balance at end of term$917,493.30

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$102,500
Stress test qualifying rate8.09%
Payment you must qualify for$9,016.11

Cash Needed at Closing

Minimum down payment$102,500
Estimated BC PTT$23,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$127,500

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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