Property Type: Land / LotOwnership: Freehold

5487 Prosh Frontage Road

Malakwa, BC V0E2J0

$795,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
6.55 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$4,401.52

Interior

Fireplace
None

Listing Information

MLS®
10380199
Listed
March 20, 2026
Time on market
On the market for 164 days
Data last synced
August 28, 2026

Listing provided by: Homelife Salmon Arm Realty.Com · Data source: CREA DDF.

Description

6.55 acre property zoned Highway Commercial. Former location of Skyline Truck stop and restaurant this property would make an idea location for a truck stop with TCH exposure and easy access from both directions. Property includes a very nice 3 bedroom, 2 bathroom home with approx. 2000 finished square feet on a very private setting. Home is updated, has a spacious yard and is removed from the Highway commercial property. Makes a great residence or staff accommodation if considering developing the commercial frontage. (id:63159)

Location Insights

Weather

Nearest station: Revelstoke

Clear

13°C

Clear

Humidity 91%

Wind WSW 4 km/h

Tonight

10°

Tuesday

25°

Tuesday night

13°

Wednesday

22°

Wednesday night

12°

Thursday

17°

Source: Environment and Climate Change Canada.

Nearby Schools

No schools found within a reasonable distance of this property.

Nearby Transit

No TransLink stops within an ~10-minute walk.

School district: Okanagan-Shuswap (SD83)

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 6.9% ($54,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$636,000.00
Periodic payment — Principal & Interest (monthly)$4,103.26
Additional monthly expenses (strata, tax, utilities, etc.)$366.79
Total monthly cost$4,470.05
Interest paid over 5-yr term$182,279.43
Balance at end of term$572,084.06

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$54,500
Stress test qualifying rate8.09%
Payment you must qualify for$5,694.19

Cash Needed at Closing

Minimum down payment$54,500
Estimated BC PTT$13,900
Legal / closing costs (typical estimate)$1,500
Total cash needed$69,900

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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