Property Type: Land / LotOwnership: Freehold

63560 OLD YALE ROAD, Hope

Hope, BC V0X1L2

$595,000

Get Directions

Property Details

Property & Lot

Lot size
2.29 acres
Frontage
140 feet

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$4,736.26 (2025)

Interior

Fireplace
None

Exterior & Lot

View
View
Waterfront
Waterfront

Listing Information

MLS®
R3122137
Listed
May 11, 2026
Time on market
On the market for 112 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: RE/MAX Treeland Realty · Data source: CREA DDF.

Description

LISTED OVER $334,000 BELOW ASSESSED VALUE! Tucked away along the banks of the Silver Skagit River, this rare fenced 2.29-acre waterfront property offers the perfect setting to build your dream home. Surrounded by nature, enjoy crystal-clear swimming holes, and the peace and privacy of your own wooded retreat. With two road frontages (Old Yale Rd & Silverhope Rd) and zoning that allows for a main home plus a carriage house or a dream shop, the possibilities are endless. Services including district water, natural gas, and nearby sewer add convenience to this secluded escape. Located just minutes to downtown Hope, and close to Silver Creek Elementary and the Silver Chalice Pub. Private Showings Only. (id:63159)

Location Insights

Weather

Clear

17°C

Clear

Humidity 84%

Wind W calm km/h

Tonight

13°

Tuesday

23°

Tuesday night

15°

Wednesday

20°

Wednesday night

11°

Thursday

19°

Source: Environment and Climate Change Canada.

Population

6,686

(2021 Census)

+8.2% since 2016

Density: 163.6/km²

Dwellings: 3,243

Median household income: $64,000

After-tax: $58,800

Immigrant population: 14.2%

Top countries of origin (% of total population)

  • United Kingdom2.9% · 195
  • United States of America1.6% · 110
  • Netherlands1% · 70
  • Germany0.8% · 55
  • Philippines0.7% · 45
  • India0.4% · 30
  • Mexico0.4% · 25
  • Poland0.4% · 25

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Silver Creek ElementaryElementary890 m
Two Rivers Education CentreSecondary3.6 km
Spirit of Hope SecondaryK-123.9 km
Coquihalla ElementaryElementary4.2 km
Harrison Hot Springs ElementaryElementary23.7 km
Agassiz Christian School(Independent)Elementary24.3 km
Kent ElementaryElementary24.9 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: Fraser-Cascade (SD78)

Mortgage & Ownership Cost Calculator

Minimum required: 5.8% ($34,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$476,000.00
Periodic payment — Principal & Interest (monthly)$3,070.99
Additional monthly expenses (strata, tax, utilities, etc.)$394.69
Total monthly cost$3,465.68
Interest paid over 5-yr term$136,422.97
Balance at end of term$428,163.54

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$34,500
Stress test qualifying rate8.09%
Payment you must qualify for$4,310.05

Cash Needed at Closing

Minimum down payment$34,500
Estimated BC PTT$9,900
Legal / closing costs (typical estimate)$1,500
Total cash needed$45,900

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.

Request more information