Property Type: Detached HouseOwnership: Freehold

7188 GROSSETT ROAD

Bridge Lake, BC V0K1X2

$350,000

2 bed1 bath1,152 sqftBuilt 1994
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Property Details

Property & Lot

Sub-type
House
Stories
1
Lot size
6.57 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$2,047.86 (2026)

Interior

Basement
Partially finished, Full
Heating
Baseboard heaters, Electric, Wood
Fireplace
Yes (1)

Exterior & Lot

Exterior features
Vinyl siding
View
View

Building

Foundation
Concrete Perimeter
Roof
Metal, Conventional

Parking

Features
Open

Room Dimensions

RoomLevelDimensions
Living roomMain level
Dining roomMain level
KitchenMain level
Bedroom 2Main level
Mud roomBasement
Bedroom 3Basement
StorageBasement
Laundry roomBasement
Cold roomBasement
StorageBasement

Listing Information

MLS®
R3157976
Listed
August 21, 2026
Time on market
On the market for 10 days
Tax assessment year
2026
Data last synced
August 28, 2026

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

Description

Once a well-loved country property, this quaint 6.57-acre acreage near Bridge Lake is ready for someone with vision to bring it back to life. Overgrown gardens, fruit trees, a greenhouse, horse shelter and remnants of fencing hint at the happy rural lifestyle once enjoyed here. Built in 1994, the modest home offers 576 sq. ft. on the main level plus a 576 sq. ft. partially finished basement, with two bedrooms and one bathroom. The home and property require considerable TLC, but the setting is peaceful, private and full of possibility, with peek-a-boo views of Otter Lake. A large woodshed, small workshop and three-bay pole barn provide useful space for country living. Roll up your sleeves, revive the gardens and create a charming Cariboo retreat of your own. (id:63159)

Values & Trends

This listing

$304/sqft

Building average

No other active listings in this building

Bridge Lake average

$426/sqft

26 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: 5.0% ($17,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$280,000.00
Periodic payment — Principal & Interest (monthly)$1,806.46
Additional monthly expenses (strata, tax, utilities, etc.)$228.66
Total monthly cost$2,035.12
Interest paid over 5-yr term$80,248.80
Balance at end of term$251,860.91

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$17,500
Stress test qualifying rate8.09%
Payment you must qualify for$2,556.81

Cash Needed at Closing

Minimum down payment$17,500
Estimated BC PTT$5,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$24,000

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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