Property Type: OtherOwnership: Freehold

5803 Lewes Avenue

Summerland, BC V0H1Z2

$898,900

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Property Details

Property & Lot

Sub-type
Other
Lot size
4.35 acres

Ownership & Fees

Property type
Other
Ownership
Freehold
Annual property tax
$3,241

Interior

Fireplace
None

Listing Information

MLS®
10384822
Listed
April 27, 2026
Time on market
On the market for 126 days
Data last synced
August 28, 2026

Listing provided by: RE/MAX Penticton Realty · Data source: CREA DDF.

Description

Discover this exceptional 4.35-acre, fully established orchard planted in high-density apples, including Gala, Golden, Fuji and more. The property also features a productive half-acre block of Centennial cherries. Located in the heart of one of the region’s most sought-after orchard areas, this parcel offers outstanding growing conditions, strong production potential, and long-term value. With beautiful surroundings and plenty of space, it’s the perfect opportunity to build your dream home right in the middle of prime agricultural country. Ideal for farmers, investors, or anyone looking to secure a premium agricultural holding property. (id:63159)

Values & Trends

This listing

Building average

No other active listings in this building

Summerland Rural average

$1,346/sqft

10 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 Junior School(Independent)Elementary1.0 km
Unisus Senior School(Independent)Secondary1.0 km
Summerland Montessori School(Independent)Elementary3.0 km
Trout Creek ElementaryElementary3.2 km
Summerland SecondaryK-123.5 km
Naramata ElementaryElementary6.1 km
West Bench ElementaryElementary8.3 km
Queens Park ElementaryElementary9.7 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: 7.2% ($64,890) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$719,120.00
Periodic payment — Principal & Interest (monthly)$4,639.52
Additional monthly expenses (strata, tax, utilities, etc.)$270.08
Total monthly cost$4,909.60
Interest paid over 5-yr term$206,101.86
Balance at end of term$646,850.77

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$64,890
Stress test qualifying rate8.09%
Payment you must qualify for$6,413.24

Cash Needed at Closing

Minimum down payment$64,890
Estimated BC PTT$15,978
Legal / closing costs (typical estimate)$1,500
Total cash needed$82,368

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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