Property Type: Detached HouseOwnership: Freehold

5889 MAHOOD LAKE ROAD

Lone Butte, BC V0K1X3

$579,000

2 bed2 bath1,225 sqftBuilt 1979
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Property Details

Property & Lot

Sub-type
House
Stories
3
Lot size
0.65 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$2,289.81 (2025)

Interior

Basement
Finished, N/A
Heating
Baseboard heaters, Electric
Fireplace
None

Exterior & Lot

View
View
Waterfront
Waterfront

Building

Foundation
Concrete Perimeter
Roof
Metal, Conventional

Parking

Features
Open

Room Dimensions

RoomLevelDimensions
Living roomUpper Level
KitchenMain level
Mud roomMain level
Primary BedroomAbove
Bedroom 2Main level
Utility roomBasement
Recreational, Games roomBasement
Cold roomBasement
Laundry roomBasement
SolariumBasement
StorageBasement

Listing Information

MLS®
R3140234
Listed
June 26, 2026
Time on market
On the market for 67 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: eXp Realty · Data source: CREA DDF.

Description

Rare Waterfront Log Home on Peaceful Hathaway Lake. Discover this charming 2-bedroom, 2-bathroom year-round log cottage, successfully operating as the popular rental "Hathaway House." The 0.65-acre lakefront lot features nearly 100 feet of pristine shoreline, complemented by an additional 0.35-acre heavily treed lot across the road. The second lot includes a storage building and offers excellent subdivision potential. Inside, enjoy the cozy 3-level solarium Includes appliances. Outdoor living excels with two levels of wrap-around decking, spacious covered areas, and a brand-new dock. Located on a paved road, Hathaway Lake spans 4 km and is stocked with rainbow trout. Plus, you are just minutes from Deka, Sulphurous, Bridge, and Sheridan lakes for the ultimate recreational lifestyle. (id:63159)

Values & Trends

This listing

$473/sqft

Building average

No other active listings in this building

Lone Butte average

$334/sqft

20 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: 100 Mile House

Cloudy

15°C

Cloudy

Humidity 59%

Wind SE 9 km/h

Tonight

12°

Tuesday

24°

Tuesday night

15°

Wednesday

21°

Wednesday night

12°

Thursday

18°

Source: Environment and Climate Change Canada.

Nearby Schools

SchoolTypeDistance
Horse Lake ElementaryElementary22.1 km
Forest Grove ElementaryElementary22.5 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: Cariboo-Chilcotin (SD27)

Mortgage & Ownership Cost Calculator

Minimum required: 5.7% ($32,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$463,200.00
Periodic payment — Principal & Interest (monthly)$2,988.41
Additional monthly expenses (strata, tax, utilities, etc.)$251.82
Total monthly cost$3,240.23
Interest paid over 5-yr term$132,754.45
Balance at end of term$416,649.90

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$32,900
Stress test qualifying rate8.09%
Payment you must qualify for$4,199.32

Cash Needed at Closing

Minimum down payment$32,900
Estimated BC PTT$9,580
Legal / closing costs (typical estimate)$1,500
Total cash needed$43,980

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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