Property Type: Land / LotOwnership: Freehold

5988 3 Highway

Bridesville, BC V0H1Y0

$10,000,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
141.7 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$0

Interior

Fireplace
None

Exterior & Lot

Waterfront
Waterfront on creek

Listing Information

MLS®
10390971
Listed
June 11, 2026
Time on market
On the market for 82 days
Data last synced
August 28, 2026

Listing provided by: Century 21 Premier Properties Ltd. · Data source: CREA DDF.

Description

Business opportunity! 141 acres of prime gravel resource land. Located Near Bridesville BC in the South Okanagan. 150 km to Kelowna via hwy 3/hwy 33, 95 km to Penticton via hwy 3/hwy 97. Excellent access to major transportation routes. Suitable for investors, construction and concrete companies or resource operators. Drill tests have been done to have a calculated estimate of 9 million cubic meters of gravel. A future for a multi generation pit. Don't miss your chance to secure this valuable asset in one of BC's most desirable regions. For more information or to arrange a viewing contact Century 21 Premier Properties Ltd. (id:63159)

Location Insights

Weather

Nearest station: Rock Creek

23°C

Humidity 43%

Wind S 7 km/h

Tonight

Tuesday

26°

Tuesday night

12°

Wednesday

17°

Wednesday night

11°

Thursday

14°

Source: Environment and Climate Change Canada.

Nearby Schools

SchoolTypeDistance
West Boundary ElementaryElementary6.6 km
Boundary Central SecondarySecondary23.0 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: Boundary (SD51)

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($2,000,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$8,000,000.00
Periodic payment — Principal & Interest (monthly)$51,613.29
Additional monthly expenses (strata, tax, utilities, etc.)$0.00
Total monthly cost$51,613.29
Interest paid over 5-yr term$2,292,823.00
Balance at end of term$7,196,025.87

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$2,000,000
Stress test qualifying rate8.09%
Payment you must qualify for$61,517.20

Cash Needed at Closing

Minimum down payment$2,000,000
Estimated BC PTT$418,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$2,419,500

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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