7040 WATSON Drive E
Kamloops, BC V0K2J0
$154,777
Property Details
Property & Lot
- Sub-type
- Other
- Lot size
- 0.25 acres
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $1,259.57
Interior
- Fireplace
- None
Listing Information
- MLS®
- 10392993
- Listed
- June 30, 2026
- Time on market
- On the market for 62 days
- Data last synced
- August 28, 2026
Listing provided by: REMAX Kelowna · Data source: CREA DDF.
Description
BEST lot in Savona! Saddle up the horse, buff the boat, wet a line or break out the clubs this residential/recreation property is waiting for you. Savona is a small lakeside community of around 540 residents situated at the western end of Kamloops Lake where it flows into the Thompson River, surrounded by semi-arid grasslands and hills. The area draws outdoor enthusiasts with access to fishing, hiking, and several nearby provincial parks including Juniper Beach, Castle Rock Hoodoos, and Painted Bluffs. Conveniently positioned on the Trans-Canada Highway, it sits roughly midway between Kamloops and Cache Creek, making it an accessible base for those who want a quieter, rural lifestyle without being far from urban amenities. At your doorstep is Tobiano, one of Canada's most highly decorated and globally recognized public golf courses, and Miller's Crossing for all your day-to-day needs. The area supports a working economy anchored by New Gold, a local sawmill, and industrial and manufacturing operations. Quarter-acre R-1 lot in an established community. Zoning permits a single-family home (suite allowed), duplex, or manufactured home. Water and electricity at the property line. (id:63159)
Location Insights
Weather
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.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Savona Elementary | Elementary | 1.7 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)
Similar Listings Nearby
Similar active properties nearby based on property type, price, and size.
Explore More Homes
Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($7,739) — 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.