5193 Ivy Road Unit# Proposed Lot 1 Lot# Lot 1
Eagle Bay, BC V0E1T0
$245,000
Property Details
Property & Lot
- Sub-type
- Other
- Lot size
- 2.49 acres
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $0
Interior
- Fireplace
- None
Exterior & Lot
- View
- View (panoramic)
Listing Information
- MLS®
- 10397772
- Listed
- August 15, 2026
- Time on market
- On the market for 16 days
- Data last synced
- August 28, 2026
Listing provided by: REMAX Kamloops · Data source: CREA DDF.
Description
Rare opportunity to secure a 2.49-acre proposed building lot in the IVY development in Eagle Bay, BC. Lot 1 offers a peaceful rural setting within the South Shuswap, surrounded by recreation, privacy, and the natural beauty of Shuswap Lake country. This land-only offering is part of Phase 1 of a planned rural residential subdivision, with road, water, and servicing work actively advancing toward final subdivision registration. The property is zoned RR1 Rural Residential, supporting low-density residential use with flexibility for a primary residence plus a secondary suite or secondary dwelling, subject to applicable approvals. This gives buyers the potential for two residential builds on one spacious rural lot, creating options for family use, guest accommodation, rental income, or future lifestyle planning. Septic planning and design have already been completed, giving buyers a clearer path forward and reducing one of the major early steps typically required when preparing to build. The lot is intended to be serviced by community water, with on-site septic. The lot provides generous space, privacy, and flexibility for buyers looking to build in a quiet recreational/residential area while remaining within reach of Blind Bay, Sorrento, Salmon Arm, and Shuswap Lake amenities. An excellent opportunity for a buyer looking to secure land early in an emerging Eagle Bay subdivision. Sale is subject to final subdivision approval and registration. GST applicable. (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
| School | Type | Distance |
|---|---|---|
| North Shuswap Elementary | Elementary/Middle | 11.8 km |
| Carlin Elementary Middle | Elementary/Middle | 14.9 km |
| Eagle River Secondary | K-12 | 17.4 km |
| Parkview Elementary School | Elementary | 17.9 km |
| North Canoe Elementary | Elementary | 20.1 km |
| Shuswap SDA(Independent) | Elementary/Middle | 20.7 km |
| Sorrento Elementary | Elementary | 21.1 km |
| Salmon Arm Secondary | Secondary | 24.1 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)
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Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($12,250) — 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.