Property Type: Detached HouseOwnership: Freehold

7155 GROSSETT ROAD

Lone Butte, BC V0K1X2

$1,350,000

3 bed2 bath2,166 sqftBuilt 2020
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Property Details

Property & Lot

Sub-type
House
Stories
1
Lot size
40.5 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,690.85 (2026)

Interior

Basement
Crawl space
Heating
Forced air, Propane, Wood
Fireplace
Yes (1)

Exterior & Lot

Exterior features
Other
View
Lake view

Building

Foundation
Concrete Perimeter
Roof
Asphalt shingle, Conventional

Parking

Features
Garage

Room Dimensions

RoomLevelDimensions
Great roomMain level
Primary BedroomMain level
OtherMain level
OtherMain level
Bedroom 2Main level
Bedroom 3Main level
DenMain level
FoyerMain level
Laundry roomMain level
Utility roomMain level

Listing Information

MLS®
R3120321
Listed
May 6, 2026
Time on market
On the market for 117 days
Tax assessment year
2026
Data last synced
August 28, 2026

Listing provided by: REMAX 100 · Data source: CREA DDF.

Description

Hobby Farm enthusiasts, this is for you. 40.50 acres with approx. 20 acres hay producing. Horse shelter, fenced paddock, chicken coop, green house with fenced garden area, 30x40 Pole Barn/Storage Bldg with 10x12 overhead door & a 30x20 Pole Shed for hay storage. Like new is the 2,166 sq. ft. rancher with a great room built for entertaining, custom kitchen w/large island, 3 bdrms, den, 2 baths incl. a spa like 5 piece ensuite. Double attached garage & wrap around covered deck with SE exp. Enjoy your morning coffee while taking in the view of Little Otter Lake. Only 5 min. from a public access to Bridge Lake to accommodate your water sports needs, quad or sled right from the property to explore the beautiful back country this area is known for. Extensive list of special features available. (id:63159)

Values & Trends

This listing

$623/sqft

Building average

No other active listings in this building

Lone Butte average

$326/sqft

20 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: 100 Mile House

Cloudy

15°C

Cloudy

Humidity 59%

Wind SE 9 km/h

Tonight

12°

Tuesday

24°

Tuesday night

15°

Wednesday

21°

Wednesday night

12°

Thursday

18°

Source: Environment and Climate Change Canada.

Nearby Schools

No schools found within a reasonable distance of this property.

Nearby Transit

No TransLink stops within an ~10-minute walk.

School district: Cariboo-Chilcotin (SD27)

Mortgage & Ownership Cost Calculator

Minimum required: 8.1% ($110,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,080,000.00
Periodic payment — Principal & Interest (monthly)$6,967.79
Additional monthly expenses (strata, tax, utilities, etc.)$498.90
Total monthly cost$7,466.70
Interest paid over 5-yr term$309,531.10
Balance at end of term$971,463.49

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$110,000
Stress test qualifying rate8.09%
Payment you must qualify for$9,535.17

Cash Needed at Closing

Minimum down payment$110,000
Estimated BC PTT$25,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$136,500

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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