640E YELLOWHEAD Highway
Clearwater, BC V0E1N1
$899,000
Property Details
Property & Lot
- Sub-type
- Other
- Lot size
- 8.75 acres
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $9,508.2
Interior
- Fireplace
- None
Listing Information
- MLS®
- 10387253
- Listed
- May 12, 2026
- Time on market
- On the market for 111 days
- Data last synced
- August 28, 2026
Listing provided by: RE/MAX Integrity Realty · Data source: CREA DDF.
Description
Exceptional 8.75-acre development opportunity in the growing community of Clearwater, BC. Ideally located just 1,000 metres from the roundabout, this property offers 400m of Highway Frontage, a private residential back access, municipal water hookup and flexible land use potential. Currently zoned P2-Institutional, the owner had prepared plans for a long-term care facility. Other potentials include rec centre, swimming pool, senior housing etc. Conveniently situated minutes from the hospital, schools, and town centre, the site has also been identified in Clearwater’s Official Community Plan (OCP) for future multi-residential growth and expanded community infrastructure. Subdivision potential into 0.5-acre lots provides added flexibility for a variety of development concepts and long-term investment strategies. With the proposed Yellowhead Mining Project on the horizon, this property is well positioned to benefit from anticipated regional economic growth and increasing demand for housing and community services. Please contact the listing agent for a full information package. (id:63159)
Location Insights
Weather
19°C
—
Humidity 61%
Wind N 5 km/h
Tonight
8°
Tuesday
26°
Tuesday night
11°
Wednesday
22°
Wednesday night
11°
Thursday
16°
Source: Environment and Climate Change Canada.
Population
2,388
(2021 Census)
+2.8% since 2016
Density: 42.9/km²
Dwellings: 1,145
Median household income: $68,000
After-tax: $62,000
Immigrant population: 6.6%
Top countries of origin (% of total population)
- United States of America1.7% · 40
- United Kingdom1.3% · 30
- Netherlands0.8% · 20
Source: Statistics Canada, 2021 Census of Population.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Raft River Elementary | Elementary | 548 m |
| Clearwater Secondary | Elementary | 1.3 km |
| Vavenby Elementary | Elementary | 21.3 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: Kamloops-Thompson (SD73)
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Mortgage & Ownership Cost Calculator
Minimum required: 7.2% ($64,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.