7955 McLennan Road
Spallumcheen, BC V1B3S7
$3,895,000
Property Details
Property & Lot
- Sub-type
- Other
- Lot size
- 160 acres
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $2,821
Interior
- Fireplace
- None
Exterior & Lot
- View
- Lake view, Mountain view, Valley view, View (panoramic)
Listing Information
- MLS®
- 10249485
- Listed
- March 30, 2022
- Time on market
- On the market for 1615 days
- Data last synced
- August 28, 2026
Listing provided by: RE/MAX Vernon · Data source: CREA DDF.
Description
Westview Estates - A West facing, Lakeview development property with everything the Okanagan has to offer! 160+/- Acres Zoned Small Holdings (SH) ready for lots sized 1 Hectare (2.5 acres) or larger. This property is ready for Subdivision with lots of work already completed. A prelim 46 lot subdivision layout (at $455K per lot is approx $21 Million) includes roads, home site & septic field locations, driveways etc. already designed. (2) 30 GPM +/- wells drilled on the property. Completed reports include, Geotechnical/Water/Septic/Storm/Visual Impact/Archeological etc. Lidar imaging completed & translated into CAD giving a 3D model of the terrain used by the Civil engineer for the layout of the Subdivision. The Property is in the Township of Spallumcheen, approx 10km north of Vernon. Close proximity to the City amenities but far enough away for quiet enjoyment! Swan Lake, shopping, wineries, golf and skiing at Silver Star are near and the Famous Grey Canal Trail head is located within 1 minute of the property! (id:63159)
Location Insights
Weather
Nearest station: Vernon
18°C
—
Humidity 66%
Wind ESE 16 km/h
Tonight
11°
Tuesday
27°
Tuesday night
14°
Wednesday
24°
Wednesday night
13°
Thursday
19°
Source: Environment and Climate Change Canada.
Population
5,307
(2021 Census)
+3.9% since 2016
Density: 20.8/km²
Dwellings: 2,099
Median household income: $84,000
After-tax: $76,500
Immigrant population: 7.6%
Top countries of origin (% of total population)
- United States of America1.3% · 70
- Germany1.2% · 65
- United Kingdom1.1% · 60
- Netherlands1% · 55
- South Africa, Republic of0.4% · 20
- Russian Federation0.2% · 10
- Philippines0.2% · 10
Source: Statistics Canada, 2021 Census of Population.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Vernon Christian School(Independent) | K-12 | 4.1 km |
| B X Elementary | Elementary | 5.9 km |
| Pleasant Valley Christian Academy(Independent) | Elementary/Middle | 7.7 km |
| North Okanagan Junior Academy(Independent) | Elementary/Middle | 7.8 km |
| Harwood Elementary | Elementary | 7.9 km |
| W.L. Seaton Secondary | Secondary | 8.5 km |
| Silver Star Elementary | Elementary | 8.6 km |
| Alexis Park Elementary | Elementary | 8.8 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: 20.0% ($779,000) — 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.