Property Type: Condo / ApartmentOwnership: Strata

8416 Jubilee Road E Unit# 106

Summerland, BC V0H1Z5

$409,000

2 bed2 bath1 parking1,227 sqftBuilt 2000
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Property Details

Property & Lot

Sub-type
Apartment
Stories
1

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$524/mo
Annual property tax
$0

Interior

Heating
Baseboard heaters, Electric
Cooling / A/C
Wall unit
Fireplace
None

Exterior & Lot

Pool
Outdoor pool

Parking

Total spaces
1 — uncovered indicated
Features
Underground

Restrictions & Policies

Age / occupancy
Seniors-oriented community

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Room Dimensions

RoomLevelDimensions
4pc Ensuite bathMain level
4pc BathroomMain level
Primary BedroomMain level10' x 12'
Living roomMain level12' x 17'
Dining roomMain level11' x 11'
KitchenMain level11' x 15'
BedroomMain level9' x 11'
Laundry roomMain level6' x 10'

Listing Information

MLS®
10396960
Listed
August 17, 2026
Time on market
On the market for 14 days
Data last synced
August 28, 2026

Listing provided by: Rennie & Associates Realty Ltd. · Data source: CREA DDF.

Description

This former show suite offers **1,215 sq. ft.** of thoughtfully designed living space with **2 bedrooms and 2 bathrooms** in a highly desirable ground-floor corner location. The open-concept layout is both spacious and functional, seamlessly connecting the kitchen, dining, and living areas—perfect for entertaining or everyday living. The generous kitchen offers plenty of room for a breakfast table while remaining open to the main living space, so you'll never feel separated from family or guests. Natural light pours in through the large bay window in the dining area, while sliding glass doors lead to a covered corner patio, creating an inviting indoor-outdoor living experience. Located in the highly regarded **Silver Birch Place**, a secure **55+ community**, residents enjoy exceptional amenities including an outdoor pool, clubhouse, workshop, beautifully maintained grounds, and secure underground parking. The convenient ground-floor location means **no elevators to worry about**, and **one small pet is welcome**. If you're looking for a bright, spacious home in one of the area's most sought-after 55+ communities, this exceptional condo is not to be missed. (id:63159)

Values & Trends

This listing

$333/sqft

Building average

$354/sqft

1 active listing(s)

Main Town average

$346/sqft

7 active listing(s)

Parking: 1 stall(s) includedStorage 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

17°C

Humidity 56%

Wind SW 4 km/h

Tonight

12°

Tuesday

27°

Tuesday night

15°

Wednesday

24°

Wednesday night

13°

Thursday

19°

Source: Environment and Climate Change Canada.

Population

12,042

(2021 Census)

+3.7% since 2016

Density: 162.6/km²

Dwellings: 5,426

Median household income: $82,000

After-tax: $74,000

Immigrant population: 12.2%

Top countries of origin (% of total population)

  • United Kingdom3.3% · 395
  • Germany1% · 125
  • India0.9% · 110
  • United States of America0.8% · 95
  • Netherlands0.7% · 85
  • Poland0.4% · 50
  • Hungary0.3% · 40
  • Philippines0.3% · 40

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

37

7/9 categories nearby

Transit

Not enough data yet

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Summerland SecondaryK-12604 m
Summerland Montessori School(Independent)Elementary1.2 km
Unisus Senior School(Independent)Secondary2.7 km
Unisus Junior School(Independent)Elementary2.7 km
Trout Creek ElementaryElementary4.9 km
Naramata ElementaryElementary5.7 km
West Bench ElementaryElementary11.8 km
Queens Park ElementaryElementary13.0 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.

Nearby Places

Restaurants (1)

  • Unnamed547 m

Cafes (1)

  • Tim Hortons255 m

Grocery (1)

  • IGA · 7519 Prairie Valley Road421 m

Parks (5+)

  • Unnamed540 m
  • Highway Park549 m
  • Anglican Churchyard Cemetery & Park575 m
  • Summerland Museum Park636 m
  • Turner St. Park756 m

Gyms (1)

  • Summerland Aquatic and Fitness Centre · 13205 Kelly Avenue686 m

Pharmacies (2)

  • Pharmasave622 m
  • Shoppers Drug Mart784 m

Banks & ATMs (1)

  • RBC Royal Bank437 m

Nearby places data: © OpenStreetMap contributors.

School district: Okanagan-Skaha (SD67)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($20,450) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$327,200.00
Periodic payment — Principal & Interest (monthly)$2,110.98
Additional monthly expenses (strata, tax, utilities, etc.)$585.11
Total monthly cost$2,696.09
Interest paid over 5-yr term$93,776.46
Balance at end of term$294,317.46

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$20,450
Stress test qualifying rate8.09%
Payment you must qualify for$2,987.81

Cash Needed at Closing

Minimum down payment$20,450
Estimated BC PTT$6,180
Legal / closing costs (typical estimate)$1,500
Total cash needed$28,130

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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