5193 Ivy Road Unit# Proposed Lot 9 Lot# Lot 9
Eagle Bay, BC V0E1T0
$950,000
Property Details
Property & Lot
- Sub-type
- Other
- Lot size
- 6 acres
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $0
Interior
- Fireplace
- None
Listing Information
- MLS®
- 10397603
- 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 proposed commercial lot within the IVY development in Eagle Bay, BC. Positioned in the heart of a planned rural residential subdivision, this land-only offering provides a unique chance to establish a commercial presence within an emerging South Shuswap community. The property is intended to serve as the commercial component of the IVY development, creating potential for a future tourism, service, accommodation, wellness, or neighbourhood-focused business concept, subject to zoning, final subdivision approval, and applicable permits. The surrounding development is planned around spacious rural residential lots, giving this parcel a built-in future customer base while also benefiting from the broader Eagle Bay and Shuswap Lake recreational market. The site offers strong long-term potential for an owner-user, investor, or developer looking to position early in a growing recreational/residential area. Road, water, and servicing work for the broader subdivision are actively advancing toward final registration. An excellent opportunity to secure the commercial anchor parcel in a developing Eagle Bay subdivision. Buyer to verify intended use, zoning, servicing, and development requirements with the applicable authorities. Sale is subject to final subdivision approval and registration. GST applicable. Approximately 6 acres of C-5 Tourist Commercial land. (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 | 12.0 km |
| Carlin Elementary Middle | Elementary/Middle | 15.0 km |
| Eagle River Secondary | K-12 | 17.3 km |
| Parkview Elementary School | Elementary | 17.7 km |
| North Canoe Elementary | Elementary | 20.1 km |
| Shuswap SDA(Independent) | Elementary/Middle | 20.8 km |
| Sorrento Elementary | Elementary | 21.3 km |
| Salmon Arm Secondary | Secondary | 24.2 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)
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Mortgage & Ownership Cost Calculator
Minimum required: 7.4% ($70,000) — 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.