Property Type: Condo / ApartmentOwnership: StrataNEW LISTING

8416 Jubilee Road E Unit# 205

Summerland, BC V0H1Z5

$410,000

2 bed2 bath1 parking1,158 sqftBuilt 2000
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Amenities

Also listed: Recreation Centre, Clubhouse

Property Details

Property & Lot

Sub-type
Apartment
Stories
1

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$478/mo
Annual property tax
$2,195.62

Maintenance Fee Includes

Also included: Ground Maintenance, Recreation Facilities, Reserve Fund Contributions

Interior

Heating
Heat Pump, Baseboard heaters, Electric, See remarks
Cooling / A/C
Heat Pump
Fireplace
Yes (1)
Fireplace type
Gas, Unknown
Appliances
Refrigerator, Dishwasher, Range, Oven, Hood Fan, Washer & Dryer

Exterior & Lot

Exterior features
Stucco
View
Lake view, Mountain view
Pool
Inground pool
Lot features
Level lot, Private setting, One Balcony

Building

Roof
Other, Unknown
Water source
Municipal water
Sewer
Municipal sewage system
Parcel ID (PID)
024-792-730

Parking

Total spaces
1 — uncovered indicated
Features
Underground

Restrictions & Policies

Pets
Allowed, Restrictions apply, Allowed with restrictions
Age / occupancy
Seniors-oriented community
Accessibility
Accessible Common Area, Elevator

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

Room Dimensions

RoomLevelDimensions
SunroomMain level15'7'' x 5'0''
Primary BedroomMain level12'3'' x 19'7''
Living roomMain level15'9'' x 14'1''
Laundry roomMain level5'9'' x 6'1''
KitchenMain level9'3'' x 12'8''
Dining roomMain level12'3'' x 13'1''
BedroomMain level10'0'' x 11'7''
4pc Ensuite bathMain level5'11'' x 9'2''
3pc BathroomMain level5'9'' x 7'1''

Listing Information

MLS®
10399296
Listed
August 31, 2026
Time on market
Listed today
Data last synced
September 1, 2026

Listing provided by: Chamberlain Property Group Inc. · Data source: CREA DDF.

Description

Set in Silver Birch, one of Summerland's finest 55+ strata communities, this immaculate 2-bedroom, 2-bathroom second-floor unit offers 1158 sq. ft. with an open, easy-flowing layout connecting the kitchen, dining, and living areas. The inviting living room opens through French doors onto a covered patio with peaceful south-facing views of Giant's Head, Naramata bench and Okanagan Lake. A newly added heat pump keeps the home comfortable year-round. Residents of Silver Birch enjoy exceptional amenities including an outdoor pool, clubhouse, workshop, RV parking (subject to availability), beautifully maintained grounds, secure underground parking, and a dedicated storage locker. Ideally located just minutes from downtown Summerland, this is a non-smoking building and property, and one small pet is welcome. A inviting complex with a real sense of community, where it's easy to feel at home and take part as much or as little as you like. (id:63159)

Values & Trends

This listing

$354/sqft

Building average

$333/sqft

1 active listing(s)

Main Town average

$343/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-12580 m
Summerland Montessori School(Independent)Elementary1.1 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 ElementaryElementary12.9 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.

Nearby Places

Restaurants (1)

  • Unnamed536 m

Cafes (1)

  • Tim Hortons276 m

Grocery (1)

  • IGA · 7519 Prairie Valley Road433 m

Parks (5+)

  • Unnamed519 m
  • Highway Park542 m
  • Anglican Churchyard Cemetery & Park549 m
  • Summerland Museum Park610 m
  • Turner St. Park751 m

Gyms (1)

  • Summerland Aquatic and Fitness Centre · 13205 Kelly Avenue661 m

Pharmacies (2)

  • Pharmasave596 m
  • Shoppers Drug Mart763 m

Banks & ATMs (1)

  • RBC Royal Bank451 m

Nearby places data: © OpenStreetMap contributors.

School district: Okanagan-Skaha (SD67)

Mortgage & Ownership Cost Calculator

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

Financial Ledger

Net mortgage (loan + CMHC insurance)$328,000.00
Periodic payment — Principal & Interest (monthly)$2,116.14
Additional monthly expenses (strata, tax, utilities, etc.)$719.10
Total monthly cost$2,835.24
Interest paid over 5-yr term$94,005.74
Balance at end of term$295,037.06

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$20,500
Stress test qualifying rate8.09%
Payment you must qualify for$2,995.12

Cash Needed at Closing

Minimum down payment$20,500
Estimated BC PTT$6,200
Legal / closing costs (typical estimate)$1,500
Total cash needed$28,200

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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