Property Type: Land / LotOwnership: FreeholdNEW LISTING

6042 Gerrie Road

Peachland, BC V0H1X4

$389,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.24 acres
Frontage
60 feet

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$2,729

Interior

Fireplace
None

Exterior & Lot

View
Lake view, Mountain view, Valley view, View of water
Lot features
Cul-de-sac, Level lot

Building

Water source
Municipal water
Sewer
Municipal sewage system
Utilities
Water, Natural Gas, Electricity, Cable, Telephone
Parcel ID (PID)
028-156-358

Listing Information

MLS®
10398566
Listed
August 31, 2026
Time on market
Listed today
Data last synced
August 31, 2026

Listing provided by: Judy Lindsay Okanagan · Data source: CREA DDF.

Description

Build your dream home in beautiful Peachland! Perched on a hillside, this 0.24 Acre vacant lot offers an exceptional opportunity to create a home that takes full advantage of the stunning mountain and Okanagan lake views. Imagine expansive windows, spacious outdoor living areas and a home designed around the spectacular setting. Enjoy the peaceful surroundings and natural beauty of Peachland while creating a home perfectly suited to your lifestyle. A rare opportunity to build your vision on a generous lot in one of the Okanagan’s most desirable communities. (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 ElementaryElementary10.3 km
Our Lady of Lourdes(Independent)Elementary/Middle10.7 km
Shannon Lake ElementaryElementary13.6 km
Sensisyusten House of Learning(Independent)Elementary13.7 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: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($19,450) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$311,200.00
Periodic payment — Principal & Interest (monthly)$2,007.76
Additional monthly expenses (strata, tax, utilities, etc.)$227.42
Total monthly cost$2,235.17
Interest paid over 5-yr term$89,190.81
Balance at end of term$279,925.41

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$19,450
Stress test qualifying rate8.09%
Payment you must qualify for$2,841.71

Cash Needed at Closing

Minimum down payment$19,450
Estimated BC PTT$5,780
Legal / closing costs (typical estimate)$1,500
Total cash needed$26,730

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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