Property Type: Detached HouseOwnership: Freehold

5711 White Street

Summerland, BC V0H1Z7

$2,499,000

4 bed2 bath4 parking2,327 sqftBuilt 1972
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
7.29 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$3,143.27

Interior

Heating
Electric
Cooling / A/C
Heat Pump
Fireplace
Yes (2)
Fireplace type
Wood, Conventional

Exterior & Lot

Exterior features
Stucco

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
4 — covered indicated
Features
Detached Garage

Room Dimensions

RoomLevelDimensions
4pc BathroomLower level
BedroomLower level14'6'' x 10'4''
BedroomLower level13'10'' x 10'2''
StorageLower level10'2'' x 8'10''
Utility roomLower level11'6'' x 10'2''
Recreation roomLower level19'6'' x 13'9''
4pc BathroomMain level
BedroomMain level13'0'' x 10'6''
Primary BedroomMain level14'6'' x 12'1''
Family roomMain level19'9'' x 16'0''
KitchenMain level17'5'' x 10'11''
Living roomMain level24'4'' x 13'8''

Listing Information

MLS®
10381116
Listed
March 28, 2026
Time on market
On the market for 157 days
Data last synced
August 28, 2026

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

Description

LAKEVIEW VINEYARD! 7.29 acres featuring 6 acres of Pinot Noir grapes planted in 2024! Seize a rare investment opportunity with this extraordinary property offering the perfect blend of income potential, lifestyle, and future development. The vineyard is leased for the 2026 season to a local winery for full caretaking and grape sales, creating a truly hands-off income property. The existing home generates $2,500/month from a long-term tenant who would love to stay—providing immediate, stable cash flow. This flat, expansive parcel is ideally located just a short drive from town, offering both privacy and convenience. The property includes a well-maintained 4-bed, 2-bath home, along with a massive 26' x 82' four-bay garage and workshop. One bay features a cooling system, ideal for fruit storage. Advanced irrigation system & fertilizer injector are in place to support optimal vineyard production. With a generous building envelope, this property is perfect for those looking to build a custom dream home while enjoying breathtaking views over Okanagan Lake and southern city lights. Take in spectacular sunsets and enjoy a front-row seat to fireworks right from your backyard. Whether you're looking to develop, invest, or simply hold a low-maintenance, income-generating property until you're ready to build, this offering delivers exceptional flexibility and long-term potential. Don’t miss this rare opportunity contact us today to explore everything this unique property has to offer. (id:63159)

Values & Trends

This listing

$1,074/sqft

Building average

No other active listings in this building

Main Town average

$457/sqft

33 active listing(s)

Parking: 4 stall(s) includedStorage 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 Junior School(Independent)Elementary1.7 km
Unisus Senior School(Independent)Secondary1.7 km
Summerland Montessori School(Independent)Elementary2.6 km
Trout Creek ElementaryElementary2.6 km
Summerland SecondaryK-122.7 km
Naramata ElementaryElementary4.6 km
West Bench ElementaryElementary9.4 km
Queens Park ElementaryElementary10.5 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)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($499,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,999,200.00
Periodic payment — Principal & Interest (monthly)$12,898.16
Additional monthly expenses (strata, tax, utilities, etc.)$377.94
Total monthly cost$13,276.10
Interest paid over 5-yr term$572,976.47
Balance at end of term$1,798,286.87

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$499,800
Stress test qualifying rate8.09%
Payment you must qualify for$15,373.15

Cash Needed at Closing

Minimum down payment$499,800
Estimated BC PTT$52,970
Legal / closing costs (typical estimate)$1,500
Total cash needed$554,270

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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