Property Type: Land / LotOwnership: Freehold

640 Lombard Street

Kamloops, BC V2C5W6

$549,900

Get Directions

Property Details

Property & Lot

Sub-type
Other
Lot size
0.14 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$2,273.14

Interior

Fireplace
None

Listing Information

MLS®
10363362
Listed
September 18, 2025
Time on market
On the market for 347 days
Data last synced
August 28, 2026

Listing provided by: Engel & Volkers Kamloops · Data source: CREA DDF.

Description

Rare opportunity in a prime central location! This 6,264 sqft lot offers sweeping views and convenient access from both Lombard Street (top) and Arbutus Street (bottom). With versatile R2 zoning, you can build your dream home with a suite, add a garden home, or maximize the potential with up to four units. Perfect for investors, builders, or future homeowners, this property combines location, flexibility, and opportunity in one of Kamloops’ most convenient neighbourhoods. (id:63159)

Location Insights

Weather

Mostly Cloudy

22°C

Mostly Cloudy

Humidity 48%

Wind ESE 20 km/h

Tonight

13°

Tuesday

28°

Tuesday night

16°

Wednesday

25°

Wednesday night

15°

Thursday

23°

Source: Environment and Climate Change Canada.

Population

97,902

(2021 Census)

+8.4% since 2016

Density: 328.6/km²

Dwellings: 41,619

Median household income: $88,000

After-tax: $78,000

Immigrant population: 9.9%

Top countries of origin (% of total population)

  • United Kingdom1.5% · 1,425
  • India1.3% · 1,240
  • United States of America0.8% · 790
  • Philippines0.8% · 750
  • Germany0.6% · 555
  • Italy0.5% · 535
  • China0.3% · 320
  • South Africa, Republic of0.3% · 250

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

15

2/9 categories nearby

Transit

Not enough data yet

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Beattie ElementaryElementary865 m
St. Ann's Academy(Independent)K-121.4 km
Sa-Hali SecondaryElementary1.5 km
First Baptist Classical Academy of Kamloops(Independent)K-121.8 km
Arthur Hatton ElementaryElementary1.9 km
Our Lady of Perpetual Help(Independent)Elementary2.0 km
Kamloops Christian School(Independent)Elementary2.3 km
South Sa-Hali ElementaryElementary2.6 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.

Nearby Places

Restaurants (5+)

  • Nandi’s Flavours of India428 m
  • Koh-I-Noor Indian · 550 Columbia Street West495 m
  • The Columbia Diner · 555 Columbia Street West581 m
  • Lucky Yeung714 m
  • Sandbar Grill · 177 Tranquille Road751 m

Parks (5+)

  • Strathcona Park · 550 Strathcona Terrace243 m
  • McIntosh Tot Lot · 502 Battle Street West262 m
  • Allan Powers Park · 330 Centre Avenue268 m
  • Strathcona Park · 550 Strathcona Terrace353 m
  • Unnamed · 461 Dufferin Terrace457 m

Nearby places data: © OpenStreetMap contributors.

School district: Kamloops-Thompson (SD73)

Mortgage & Ownership Cost Calculator

Minimum required: 5.5% ($29,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$439,920.00
Periodic payment — Principal & Interest (monthly)$2,838.21
Additional monthly expenses (strata, tax, utilities, etc.)$189.43
Total monthly cost$3,027.64
Interest paid over 5-yr term$126,082.34
Balance at end of term$395,709.46

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$29,990
Stress test qualifying rate8.09%
Payment you must qualify for$3,997.93

Cash Needed at Closing

Minimum down payment$29,990
Estimated BC PTT$8,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$40,488

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