Property Type: OtherOwnership: Freehold

5615 Simpson Road

Summerland, BC V0H1Z2

$1,149,000

2 bed2 bath1,465 sqftBuilt 1958
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Property Details

Property & Lot

Sub-type
Other
Stories
1
Lot size
6.25 acres

Ownership & Fees

Property type
Other
Ownership
Freehold
Annual property tax
$4,300.82

Interior

Heating
Heat Pump
Cooling / A/C
Heat Pump
Fireplace
Yes (1)
Fireplace type
Pellet, Stove

Building

Roof
Asphalt shingle, Unknown

Room Dimensions

RoomLevelDimensions
Full ensuite bathroomMain level
Full bathroomMain level
Mud roomMain level8'10'' x 5'7''
Laundry roomMain level15'3'' x 7'8''
BedroomMain level12'0'' x 9'5''
Primary BedroomMain level19'3'' x 12'10''
Living roomMain level15'5'' x 14'8''
Dining roomMain level15'5'' x 14'8''
KitchenMain level13'5'' x 12'0''

Listing Information

MLS®
10377020
Listed
February 26, 2026
Time on market
On the market for 186 days
Data last synced
August 28, 2026

Listing provided by: RE/MAX Orchard Country · Data source: CREA DDF.

Description

Welcome to a horse lover’s dream in the heart of rural Summerland. An exceptional opportunity to own a fully developed equestrian property just minutes from town. Designed for the serious equestrian or dedicated hobby farmer, the grounds feature a 95'x160' riding ring, multiple fenced irrigated paddocks with Bayco fencing and electric top line, a barn with 30-amp service and heated water trough, and a hay shed — providing practical, year-round functionality. This picturesque 6.25-acre estate captures sweeping mountain views while offering privacy, usability, and convenience. Meticulously maintained, the property reflects pride of ownership and is ready for immediate enjoyment. The detached 24'x36' shop (built in 2010) adds tremendous value with 100-amp service, pellet stove, electric heat, and a 2-piece washroom complete with its own hot water tank and washer & dryer. Ideal for projects, equipment, or home-based business use. The 1,660 sq. ft. home offers comfortable country living and a welcoming layout, with a lovely deck perfectly positioned to take in the scenic surroundings. Located in one of the Okanagan’s most desirable rural communities, this is a rare turnkey equestrian lifestyle opportunity. A must to see! (id:63159)

Values & Trends

This listing

$784/sqft

Building average

No other active listings in this building

Summerland Rural average

$1,408/sqft

9 active listing(s)

Parking: Not indicatedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Location Insights

Weather

16°C

Humidity 59%

Wind W 8 km/h

Tonight

12°

Tuesday

27°

Tuesday night

15°

Wednesday

24°

Wednesday night

13°

Thursday

19°

Source: Environment and Climate Change Canada.

Population

12,042

(2021 Census)

+3.7% since 2016

Density: 162.6/km²

Dwellings: 5,426

Median household income: $82,000

After-tax: $74,000

Immigrant population: 12.2%

Top countries of origin (% of total population)

  • United Kingdom3.3% · 395
  • Germany1% · 125
  • India0.9% · 110
  • United States of America0.8% · 95
  • Netherlands0.7% · 85
  • Poland0.4% · 50
  • Hungary0.3% · 40
  • Philippines0.3% · 40

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Unisus Senior School(Independent)Secondary1.0 km
Unisus Junior School(Independent)Elementary1.0 km
Summerland Montessori School(Independent)Elementary2.8 km
Summerland SecondaryK-123.4 km
Trout Creek ElementaryElementary4.3 km
Naramata ElementaryElementary7.2 km
West Bench ElementaryElementary8.8 km
Queens Park ElementaryElementary10.3 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-Skaha (SD67)

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 7.8% ($89,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$919,200.00
Periodic payment — Principal & Interest (monthly)$5,930.37
Additional monthly expenses (strata, tax, utilities, etc.)$431.40
Total monthly cost$6,361.77
Interest paid over 5-yr term$263,445.36
Balance at end of term$826,823.37

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$89,900
Stress test qualifying rate8.09%
Payment you must qualify for$8,144.11

Cash Needed at Closing

Minimum down payment$89,900
Estimated BC PTT$20,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$112,380

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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