5157 Morrison Crescent
Peachland, BC V0H1X2
$475,000
Property Details
Property & Lot
- Sub-type
- Other
- Lot size
- 1.03 acres
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $3,487.84
Interior
- Fireplace
- None
Exterior & Lot
- View
- Lake view, Mountain view
Listing Information
- MLS®
- 10384460
- Listed
- April 23, 2026
- Time on market
- On the market for 130 days
- Data last synced
- August 28, 2026
Listing provided by: Oakwyn Realty Okanagan · Data source: CREA DDF.
Description
Rare opportunity!!! Just over 1 acre in the beautiful community of Peachland. This southern exposure lot boasts an unobstructed lake view and is ideal for a walk-out rancher design! Surrounded by beautiful high-end homes and close to Peachland lakefront and shopping areas! Build your dream home today!!! (id:63159)
Location Insights
Weather
Nearest station: Summerland
17°C
—
Humidity 56%
Wind SW 4 km/h
Tonight
12°
Tuesday
27°
Tuesday night
15°
Wednesday
24°
Wednesday night
13°
Thursday
19°
Source: Environment and Climate Change Canada.
Population
5,789
(2021 Census)
+6.7% since 2016
Density: 359.6/km²
Dwellings: 2,936
Median household income: $81,000
After-tax: $72,500
Immigrant population: 15.8%
Top countries of origin (% of total population)
- United Kingdom5.7% · 330
- Germany2.3% · 135
- United States of America1.6% · 90
- Netherlands0.8% · 45
- Korea, South0.3% · 20
- Viet Nam0.3% · 20
- Italy0.3% · 15
- China0.3% · 15
Source: Statistics Canada, 2021 Census of Population.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Peachland Elementary | Elementary | 1.6 km |
| Glenrosa Middle School | Middle | 5.3 km |
| Webber Road Elementary | Elementary | 5.4 km |
| Glenrosa Elementary | Elementary | 5.9 km |
| Helen Gorman Elementary | Elementary | 5.9 km |
| Our Lady of Lourdes(Independent) | Elementary/Middle | 6.2 km |
| Shannon Lake Elementary | Elementary | 9.0 km |
| Sensisyusten House of Learning(Independent) | Elementary | 9.2 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: Central Okanagan (SD23)
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Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($23,750) — 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.