Property Type: Detached HouseOwnership: Freehold

7616 E SHERIDAN LAKE ROAD

Sheridan Lake, BC V0K1X2

$599,900

2 bed1 bath720 sqftBuilt 1971
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Property Details

Property & Lot

Sub-type
House
Stories
1
Lot size
1.36 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$2,545.52 (2025)

Interior

Basement
Crawl space
Heating
Baseboard heaters, Electric, Propane
Fireplace
Yes (1)

Exterior & Lot

Exterior features
Log
View
Lake view
Waterfront
Waterfront

Building

Foundation
Unknown
Roof
Metal, Conventional

Parking

Features
Open

Room Dimensions

RoomLevelDimensions
KitchenMain level
Dining roomMain level
Living roomMain level
Bedroom 2Main level
Bedroom 3Main level

Listing Information

MLS®
R3137650
Listed
June 18, 2026
Time on market
On the market for 74 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: eXp Realty (100 Mile) · Data source: CREA DDF.

Description

Sunsets and waterfront dreams await you at Sheridan Lake! This charming 2 bedroom, 1 bathroom cottage is the perfect Cariboo getaway. Perched on the hillside with desirable western exposure, you'll enjoy breathtaking views and unforgettable sunsets from the covered porch or spacious viewing deck. Inside, you'll find all the comforts of home and a detached bunkie just a few steps away for extra guests, storage for your lake toys and there is even a tree fort for the kids! Good walking trail down to the lake to your private waterfrontage allowing you to enjoy fishing, swimming and boating on this desirable lake. Cabin was recently stained and painted with new flooring in the small bedroom and bathroom. Property can be sold turnkey so you can start making memories at the lake this summer! (id:63159)

Values & Trends

This listing

$833/sqft

Building average

No other active listings in this building

Sheridan Lake average

$640/sqft

6 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 60%

Wind ESE 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

SchoolTypeDistance
Horse Lake ElementaryElementary22.0 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: Cariboo-Chilcotin (SD27)

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 5.8% ($34,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$479,920.00
Periodic payment — Principal & Interest (monthly)$3,096.28
Additional monthly expenses (strata, tax, utilities, etc.)$248.13
Total monthly cost$3,344.41
Interest paid over 5-yr term$137,546.45
Balance at end of term$431,689.59

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$34,990
Stress test qualifying rate8.09%
Payment you must qualify for$4,343.96

Cash Needed at Closing

Minimum down payment$34,990
Estimated BC PTT$9,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$46,488

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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