Property Type: OtherOwnership: Freehold

69 Cottonwood Drive

Lee Creek, BC V0E1M1

$139,500

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Amenities

Also listed: Laundry - Coin Op, RV Storage, Clubhouse

Property Details

Property & Lot

Sub-type
Other
Lot size
0.04 acres

Ownership & Fees

Property type
Other
Ownership
Freehold
Strata / maintenance fee
$362/mo
Annual property tax
$992.38

Interior

Fireplace
None

Exterior & Lot

View
Lake view, Mountain view, River view, View of water, View (panoramic)

Listing Information

MLS®
10374835
Listed
February 4, 2026
Time on market
On the market for 209 days
Data last synced
August 28, 2026

Listing provided by: Riley & Associates Realty Ltd. · Data source: CREA DDF.

Description

This premium, very private lot features 50-amp service, septic, water, full perimeter fencing with a gated entrance, a shed, a pergola, a fire-pit, and tons of room for parking because of the cool shape of the lot. This is a rarity when it comes to the purchase of RV resort lots such as this. When you own in the Cottonwood Cove Resort, it means secured, freehold ownership in a premium location on Shuswap Lake in Lee Creek, just 5 minutes off the Trans-Canada highway in the sunny North Shuswap. With over 3000 feet of waterfront, you're assured a camping experience with a front row seat to nature, complete with urban services, amenities, and a sense of community. Park your rig here and have unlimited access to an on-site marina, boat launch, and 4-season storage for your toys. Owners have the option of a private boat slip at an additional cost. This community includes a clubhouse, hot tub, pool, 2 sandy beaches, laundry, and the convenience of an on-site general store, all within the gates of the development. The lake is the main attraction here where water activities abound. There are hiking trails in the resort & in the surrounding Provincial Parks. Golfing at Talking Rock is only a 10-minute drive away! No more worrying about where to park your RV or store your boat. No more missing out due to overbooked campsites. You can relax knowing that your Shuswap spot is waiting for you and is being taken care of by a professional property management team. Call on this one today! (id:63159)

Values & Trends

This listing

Building average

No other active listings in this building

North Shuswap average

$528/sqft

19 active listing(s)

Parking: Not indicatedStorage 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
Sorrento ElementaryElementary5.5 km
Haldane ElementaryElementary13.9 km
Chase Elementary-SecondaryElementary13.9 km
North Shuswap ElementaryElementary/Middle14.5 km
Carlin Elementary MiddleElementary/Middle18.3 km
Sun Peaks SchoolElementary/Middle23.6 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.

School district: Okanagan-Shuswap (SD83)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($6,975) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$111,600.00
Periodic payment — Principal & Interest (monthly)$720.01
Additional monthly expenses (strata, tax, utilities, etc.)$445.06
Total monthly cost$1,165.06
Interest paid over 5-yr term$31,984.88
Balance at end of term$100,384.56

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$6,975
Stress test qualifying rate8.09%
Payment you must qualify for$1,019.07

Cash Needed at Closing

Minimum down payment$6,975
Estimated BC PTT$1,395
Legal / closing costs (typical estimate)$1,500
Total cash needed$9,870

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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