Property Type: Land / LotOwnership: Freehold

5265 Buchanan Avenue

Peachland, BC V0H1X0

$3,250,000

Get Directions

Property Details

Property & Lot

Sub-type
Other
Lot size
0.76 acres
Frontage
104 feet

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$11,252

Interior

Fireplace
None

Exterior & Lot

Waterfront
Waterfront on lake

Listing Information

MLS®
10373568
Listed
January 30, 2026
Time on market
On the market for 213 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Kelowna · Data source: CREA DDF.

Description

: Enjoy the ultimate lakefront lifestyle with this stunning lakefront lot in the heart of Peachland. this rare flat .76 acre lot offer 103 feet of pristine Okanagan Lake frontage. delivering breath taking views and unbeatable access to one of British Columbia's most sought- after lakeside communities. this lot comes With Deep moorage an immaculate dock and 16,000 lb lift already in place- perfect for your cruiser or wake boat. Whether you envision building a luxurious estate or vacation getaway this remarkable lot provides the perfect canvas with ample space and flexibility for your dream design. (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

SchoolTypeDistance
Peachland ElementaryElementary1.4 km
Glenrosa Middle SchoolMiddle5.5 km
Webber Road ElementaryElementary5.6 km
Glenrosa ElementaryElementary6.1 km
Our Lady of Lourdes(Independent)Elementary/Middle6.2 km
Helen Gorman ElementaryElementary6.2 km
Shannon Lake ElementaryElementary9.1 km
Sensisyusten House of Learning(Independent)Elementary9.2 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)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($650,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,600,000.00
Periodic payment — Principal & Interest (monthly)$16,774.32
Additional monthly expenses (strata, tax, utilities, etc.)$937.67
Total monthly cost$17,711.98
Interest paid over 5-yr term$745,167.47
Balance at end of term$2,338,708.41

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$650,000
Stress test qualifying rate8.09%
Payment you must qualify for$19,993.09

Cash Needed at Closing

Minimum down payment$650,000
Estimated BC PTT$80,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$732,000

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.

Request more information