Property Type: Detached HouseOwnership: Freehold

6868 Squilax Anglemont Road Unit# 2

Magna Bay, BC V0E1M7

$710,000

2 bed1 bath2 parking1,043 sqftBuilt 1962
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Amenities

Also listed: RV Storage

Property Details

Property & Lot

Sub-type
House
Stories
1
Lot size
0.06 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Strata / maintenance fee
$246/mo
Annual property tax
$2,045.75

Maintenance Fee Includes

WaterManagement

Also included: Insurance, Other, See Remarks, Sewer

Interior

Basement
Crawl space
Heating
Baseboard heaters
Fireplace
Yes (1)
Fireplace type
Wood, Conventional
Flooring
Carpeted, Linoleum

Exterior & Lot

Exterior features
Brick, Stucco
View
Lake view

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
2 — uncovered indicated
Features
Rear

Restrictions & Policies

Pets
Allowed, Allowed with restrictions
Rentals
Allowed

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Room Dimensions

RoomLevelDimensions
Laundry roomMain level4'11'' x 14'4''
4pc BathroomMain level4'11'' x 11'4''
Dining roomMain level12'5'' x 8'10''
KitchenMain level18' x 11'7''
Living roomMain level18'1'' x 17'10''
BedroomMain level11'8'' x 10'4''
Primary BedroomMain level11'7'' x 12'4''

Listing Information

MLS®
10394992
Listed
July 16, 2026
Time on market
On the market for 46 days
Data last synced
August 28, 2026

Listing provided by: Homelife Advantage Realty Ltd. · Data source: CREA DDF.

Description

Imagine spending your summers on the shores of beautiful Shuswap Lake, where mornings begin with coffee on the covered deck and evenings end around the fire overlooking the water. This charming waterfront cabin in Magna Bay offers 2 bedrooms, 1 bathroom, an open living, kitchen and dining area, and a full-width covered deck with stunning lake views. Located in the desirable Twin Cedars bare land strata with only 15 cabins, ownership includes your own lot, cabin and a private locked 12’ x 26’ garage. Enjoy approximately 42’ of waterfront with a breakwall, shared dock, private boat buoy, boat launch, tennis court and gated RV storage. Fully furnished and move-in ready for seasonal or year-round enjoyment. The property also offers an excellent opportunity to build your dream waterfront cabin. (id:63159)

Values & Trends

This listing

$681/sqft

Building average

No other active listings in this building

North Shuswap average

$483/sqft

73 active listing(s)

Parking: 2 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

13°C

Humidity 91%

Wind S 2 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/Middle8.1 km
Carlin Elementary MiddleElementary/Middle16.7 km
Sorrento ElementaryElementary19.0 km
Eagle River SecondaryK-1223.0 km
Parkview Elementary SchoolElementary23.4 km
North Canoe ElementaryElementary24.0 km
Shuswap SDA(Independent)Elementary/Middle24.4 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)

Similar Listings Nearby

Similar active properties nearby based on property type, price, and size.

Mortgage & Ownership Cost Calculator

Minimum required: 6.5% ($46,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$568,000.00
Periodic payment — Principal & Interest (monthly)$3,664.54
Additional monthly expenses (strata, tax, utilities, etc.)$468.73
Total monthly cost$4,133.27
Interest paid over 5-yr term$162,790.43
Balance at end of term$510,917.84

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$46,000
Stress test qualifying rate8.09%
Payment you must qualify for$5,105.93

Cash Needed at Closing

Minimum down payment$46,000
Estimated BC PTT$12,200
Legal / closing costs (typical estimate)$1,500
Total cash needed$59,700

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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