Property Type: Land / LotOwnership: Freehold

6037 Gerrie Road Lot# 37

Peachland, BC V0H1X4

$399,900

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.21 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$2,453

Interior

Fireplace
None

Exterior & Lot

View
Lake view, Mountain view, View of water, View (panoramic)

Listing Information

MLS®
10383356
Listed
April 20, 2026
Time on market
On the market for 133 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Kelowna · Data source: CREA DDF.

Description

Welcome to the site of your future dream home! This exceptional 0.21-acre, 72 x 128, cleared lot offers flat land with breathtaking panoramic mountain and lake views up and down the valley. With all services conveniently at the lot line and a full set of plans for a contemporary 6 bed + den home included, your vision can easily become a reality. Nestled in a private location on a no-thru road, this lot is a great site to live a tranquil lifestyle while still being near beaches and trails to take advantage of the beautiful Okanagan outdoors. Just a quick drive to the vibrant Beach Ave, you'll have access to fantastic restaurants, cafes, and shopping. Don’t miss this opportunity to build your dream home in such a perfect setting – secure this prime lot today and start planning your future! (id:63159)

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 ElementaryElementary3.1 km
Glenrosa Middle SchoolMiddle9.8 km
Webber Road ElementaryElementary10.0 km
Helen Gorman ElementaryElementary10.2 km
Glenrosa ElementaryElementary10.4 km
Our Lady of Lourdes(Independent)Elementary/Middle10.8 km
Shannon Lake ElementaryElementary13.6 km
Sensisyusten House of Learning(Independent)Elementary13.8 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: 5.0% ($19,995) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$319,920.00
Periodic payment — Principal & Interest (monthly)$2,064.02
Additional monthly expenses (strata, tax, utilities, etc.)$204.42
Total monthly cost$2,268.43
Interest paid over 5-yr term$91,689.99
Balance at end of term$287,769.07

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$19,995
Stress test qualifying rate8.09%
Payment you must qualify for$2,921.34

Cash Needed at Closing

Minimum down payment$19,995
Estimated BC PTT$5,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$27,493

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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