Property Type: Land / LotOwnership: Freehold

5147 WATSON LAKE ROAD

100 Mile House, BC V0K2E1

$225,000

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Property Details

Property & Lot

Lot size
23,300 square feet

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$658.3 (2025)

Interior

Fireplace
None

Exterior & Lot

View
Lake view
Waterfront
Waterfront

Listing Information

MLS®
R3099493
Listed
March 13, 2026
Time on market
On the market for 172 days
Tax assessment year
2025
Data last synced
August 28, 2026

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

Description

Ready to build your lakeside escape? This 1/2 acre waterfront lot on peaceful Watson Lake is already set up to save you time and money. The property is cleared, landscaped, and established with lawn, plus the big-ticket items are done—drilled well, hydro service, and septic system are in place. Storage sheds add function while you plan your build, and small home plans are available if you want to get started quickly. Watson Lake offers a quieter kind of waterfront lifestyle—perfect for paddling, birdwatching, and soaking in nature. In winter, the frozen lake becomes a picturesque skating spot. Sellers may also sell their high-end RV so you can enjoy the property while building. All the groundwork is done—now it’s your turn to make it home. (id:63159)

Values & Trends

This listing

Building average

No other active listings in this building

100 Mile House average

$14/sqft

1 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

Cloudy

15°C

Cloudy

Humidity 59%

Wind E 13 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 ElementaryElementary2.6 km
100 Mile House ElementaryElementary8.3 km
PSO Outback StorefrontSecondary8.6 km
Peter Skene Ogden SecondarySecondary9.0 km
Lac La Hache ElementaryElementary14.8 km
Forest Grove ElementaryElementary19.2 km
Horse Lake ElementaryElementary21.4 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% ($11,250) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$180,000.00
Periodic payment — Principal & Interest (monthly)$1,161.30
Additional monthly expenses (strata, tax, utilities, etc.)$54.86
Total monthly cost$1,216.16
Interest paid over 5-yr term$51,588.52
Balance at end of term$161,910.58

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$11,250
Stress test qualifying rate8.09%
Payment you must qualify for$1,643.66

Cash Needed at Closing

Minimum down payment$11,250
Estimated BC PTT$2,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$15,250

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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