Property Type: Detached HouseOwnership: Freehold

6803 Magna Bay Drive

Magna Bay, BC V0E1M7

$919,000

3 bed2 bath3 parking2,447 sqftBuilt 1996
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
4.99 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$2,990.53

Interior

Heating
Forced air
Fireplace
None
Flooring
Laminate

Exterior & Lot

Exterior features
Vinyl siding
View
Lake view, Mountain view

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
3 — covered indicated
Features
Detached Garage, RV

Room Dimensions

RoomLevelDimensions
Utility roomBasement7'9'' x 15'4''
Recreation roomBasement17'1'' x 27'
OfficeBasement10'5'' x 10'3''
BedroomBasement16'6'' x 12'3''
3pc BathroomBasement7'10'' x 8'10''
Primary BedroomMain level16'10'' x 13'3''
Living roomMain level18'1'' x 17'5''
KitchenMain level18'1'' x 17'5''
Dining roomMain level8'2'' x 10'9''
BedroomMain level12'5'' x 13'2''
4pc BathroomMain level9'1'' x 9'9''

Listing Information

MLS®
10386552
Listed
May 7, 2026
Time on market
On the market for 116 days
Data last synced
August 28, 2026

Listing provided by: Century 21 Lakeside Realty Ltd. · Data source: CREA DDF.

Description

Tucked away on just under 5 peaceful acres, this private country property offers the perfect blend of comfort, functionality, and outdoor living. Featuring a spacious 3-bedroom, 2-bathroom home—with potential for a 4th bedroom or flex space—this property is ideal for families, hobbyists, or anyone seeking room to roam and unwind. Inside, you’ll appreciate the bright open-concept floor plan designed for easy everyday living and entertaining. High-end blinds throughout the home add both style and comfort, while the expansive rec room provides endless possibilities as a gym, media room, games area, or play space. Step outside to enjoy the south-facing deck where you can relax and soak in the beautiful views and peaceful surroundings. The property is exceptionally well-equipped with a water licence from the creek providing an abundant water supply, plus a cistern for additional water storage. For those needing workspace or extra storage, the detached shop offers excellent potential for a future carriage house, while the secondary detached garage is perfect for storing recreational toys, tools, or seasonal equipment. A couple of dog kennels on the property make this an excellent setup for pet lovers or hobby breeders. (id:63159)

Values & Trends

This listing

$376/sqft

Building average

No other active listings in this building

North Shuswap average

$487/sqft

73 active listing(s)

Parking: 3 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Location Insights

Weather

Nearest station: Salmon Arm

16°C

Humidity 84%

Wind SSE 5 km/h

Tonight

10°

Tuesday

25°

Tuesday night

14°

Wednesday

23°

Wednesday night

12°

Thursday

20°

Source: Environment and Climate Change Canada.

Nearby Schools

SchoolTypeDistance
North Shuswap ElementaryElementary/Middle8.4 km
Carlin Elementary MiddleElementary/Middle17.9 km
Sorrento ElementaryElementary19.5 km
Eagle River SecondaryK-1223.9 km
Parkview Elementary SchoolElementary24.4 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: Okanagan-Shuswap (SD83)

Mortgage & Ownership Cost Calculator

Minimum required: 7.3% ($66,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$735,200.00
Periodic payment — Principal & Interest (monthly)$4,743.26
Additional monthly expenses (strata, tax, utilities, etc.)$371.21
Total monthly cost$5,114.47
Interest paid over 5-yr term$210,710.43
Balance at end of term$661,314.78

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$66,900
Stress test qualifying rate8.09%
Payment you must qualify for$6,552.35

Cash Needed at Closing

Minimum down payment$66,900
Estimated BC PTT$16,380
Legal / closing costs (typical estimate)$1,500
Total cash needed$84,780

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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