Property Type: Detached HouseOwnership: Freehold

5876 Victoria Street

Peachland, BC V0H1X4

$1,239,900

3 bed1 bath1,508 sqftBuilt 1987
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
3.58 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$7,146.49

Interior

Heating
Stove, Forced air, Wood
Fireplace
Yes (2)
Fireplace type
Wood, Conventional

Exterior & Lot

Exterior features
Wood siding
View
Lake view, Mountain view, View of water, View (panoramic), Unknown

Building

Roof
Vinyl Shingles, Unknown

Parking

Features
RV, Additional Parking

Room Dimensions

RoomLevelDimensions
Living roomMain level18'6'' x 13'4''
KitchenMain level15'2'' x 8'8''
Full bathroomMain level6'10'' x 13'8''
BedroomMain level10'1'' x 14'8''
BedroomMain level13'4'' x 11'4''
Primary BedroomMain level16'7'' x 13'8''

Listing Information

MLS®
10396486
Listed
July 31, 2026
Time on market
On the market for 31 days
Data last synced
August 28, 2026

Listing provided by: Oakwyn Realty Okanagan · Data source: CREA DDF.

Description

Perched in one of Peachland’s most desirable communities, this property offers breathtaking views and exceptional potential. Whether you’re a first-time home buyer, investor, or looking for a place to raise a family, this home is an outstanding opportunity. Enjoy a functional layout, generous outdoor space, and abundant open parking, all just minutes from Okanagan Lake, schools, parks, and everyday amenities. Located in a welcoming, family-friendly neighbourhood, this property also presents excellent long-term investment potential with future redevelopment possibilities. Experience the best of Okanagan living with incredible views, a remarkable community, and endless opportunity. (id:63159)

Values & Trends

This listing

$822/sqft

Building average

No other active listings in this building

Peachland average

$503/sqft

66 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

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 ElementaryElementary2.9 km
Glenrosa Middle SchoolMiddle9.7 km
Webber Road ElementaryElementary9.8 km
Helen Gorman ElementaryElementary10.0 km
Glenrosa ElementaryElementary10.2 km
Our Lady of Lourdes(Independent)Elementary/Middle10.6 km
Shannon Lake ElementaryElementary13.4 km
Sensisyusten House of Learning(Independent)Elementary13.6 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: 8.0% ($98,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$991,920.00
Periodic payment — Principal & Interest (monthly)$6,399.53
Additional monthly expenses (strata, tax, utilities, etc.)$670.54
Total monthly cost$7,070.07
Interest paid over 5-yr term$284,287.12
Balance at end of term$892,235.25

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$98,990
Stress test qualifying rate8.09%
Payment you must qualify for$8,773.20

Cash Needed at Closing

Minimum down payment$98,990
Estimated BC PTT$22,798
Legal / closing costs (typical estimate)$1,500
Total cash needed$123,288

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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