Property Type: Land / LotOwnership: Freehold

8503 Westkal Road Lot# 1

Coldstream, BC V1B1Y4

$3,650,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.43 acres
Frontage
151 feet

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$18,513

Interior

Fireplace
None

Exterior & Lot

View
Lake view
Waterfront
Waterfront on lake

Listing Information

MLS®
10377707
Listed
March 5, 2026
Time on market
On the market for 179 days
Data last synced
August 28, 2026

Listing provided by: Coldwell Banker Executives Realty · Data source: CREA DDF.

Description

Large Estate Lot next to the Tennis and Beach Club with close vicinity to the Rail Trail and Coldstream parks. Property can be subdivided into two serviced lots with all survey work, engineering, design and home placement done. A resent Preliminary Approval for Coldstream is available for review. Property also has a approved newer dock . The new R-1 zoning will also allow the property to have a duplex , triplex or four plex which would allow for a wonderful family holding for generations to come . (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

11,171

(2021 Census)

+4.9% since 2016

Density: 167.8/km²

Dwellings: 4,341

Median household income: $110,000

After-tax: $97,000

Immigrant population: 11.4%

Top countries of origin (% of total population)

  • United Kingdom2.4% · 265
  • Germany1.3% · 150
  • United States of America0.8% · 90
  • India0.7% · 75
  • South Africa, Republic of0.5% · 60
  • Poland0.4% · 50
  • Netherlands0.4% · 40
  • China0.3% · 35

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

11

1/9 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
Kidston ElementaryElementary1.7 km
Kalamalka SecondaryElementary2.3 km
Mission Hill ElementaryElementary2.8 km
Clarence Fulton SecondaryElementary3.1 km
Ellison ElementaryElementary3.5 km
Coldstream ElementaryElementary3.5 km
Alternative Learning ProgramSecondary3.5 km
Vernon SecondaryElementary3.8 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.

Nearby Places

Parks (3)

  • Kalamalka Country Club93 m
  • Unnamed403 m
  • Unnamed492 m

Nearby places data: © OpenStreetMap contributors.

School district: Vernon (SD22)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($730,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,920,000.00
Periodic payment — Principal & Interest (monthly)$18,838.85
Additional monthly expenses (strata, tax, utilities, etc.)$1,542.75
Total monthly cost$20,381.60
Interest paid over 5-yr term$836,880.39
Balance at end of term$2,626,549.44

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$730,000
Stress test qualifying rate8.09%
Payment you must qualify for$22,453.78

Cash Needed at Closing

Minimum down payment$730,000
Estimated BC PTT$100,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$832,000

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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