Property Type: Land / LotOwnership: Freehold

78 97B Highway

Enderby, BC V0E1V0

$1,098,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
5.04 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$4,587

Interior

Fireplace
None

Exterior & Lot

View
Mountain view, Valley view, View (panoramic)

Listing Information

MLS®
10390251
Listed
June 5, 2026
Time on market
On the market for 87 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Access Real Estate · Data source: CREA DDF.

Description

Rural freedom and unmatched future upside await with this exceptional 5.04-acre parcel located between Salmon Arm and Enderby. The true value lies in the rare chance to buy in at an accessible residential price point while holding a site primed for Industrial rezoning. Already in place is the ultimate 10,000-square-foot dream shop, spanning roughly 5,000 square feet per floor across a versatile two-story layout. Fully insulated and equipped with heavy-duty 400 Amp 3-phase power, solid main-level concrete floors, and framed interior walls on both levels to suit almost any operational or lifestyle vision. A single overhead door is currently in place, with plenty of room on the East side to add more if needed. Septic system approval in place and a high-yielding well producing 100 GPM when drilled in 2020. The live-work-play possibilities here are endless. You can build a custom residential suite directly inside the shop and utilize the remaining square footage as you see fit. Alternatively, the South side of the acreage offers prime building sites if you prefer to keep your personal home and workspace separate. The gently sloping pasture spaces are ready for fencing, barns, and livestock to bring a classic rural estate to life. Versatility to accommodate current and future needs with the potential to capture future increase market gains. (id:63159)

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.

Population

3,028

(2021 Census)

+2.2% since 2016

Density: 710.8/km²

Dwellings: 1,508

Median household income: $59,600

After-tax: $56,000

Immigrant population: 7.6%

Top countries of origin (% of total population)

  • United States of America1.2% · 35
  • United Kingdom1.2% · 35
  • Philippines1.2% · 35
  • Germany0.8% · 25
  • Netherlands0.7% · 20

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Mountain View Christian(Independent)Elementary/Middle2.0 km
Grindrod ElementaryElementary3.1 km
Ranchero Elementary JuniorElementary/Middle5.7 km
A.L. Fortune SecondaryK-125.8 km
M.V. Beattie ElementaryElementary6.3 km
South CanoeElementary/Middle10.1 km
Hillcrest ElementaryElementary11.7 km
Shuswap Middle SchoolMiddle11.9 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)

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Mortgage & Ownership Cost Calculator

Minimum required: 7.7% ($84,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$878,400.00
Periodic payment — Principal & Interest (monthly)$5,667.14
Additional monthly expenses (strata, tax, utilities, etc.)$382.25
Total monthly cost$6,049.39
Interest paid over 5-yr term$251,751.96
Balance at end of term$790,123.64

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$84,800
Stress test qualifying rate8.09%
Payment you must qualify for$7,791.15

Cash Needed at Closing

Minimum down payment$84,800
Estimated BC PTT$19,960
Legal / closing costs (typical estimate)$1,500
Total cash needed$106,260

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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