Property Type: Land / LotOwnership: Freehold

8568 Black Mountain Road

Chase, BC V0E1M0

$298,500

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Property Details

Property & Lot

Sub-type
Other
Lot size
5.05 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$688.23

Interior

Fireplace
None

Exterior & Lot

View
Mountain view

Restrictions & Policies

Pets
Allowed
Rentals
Allowed

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

Listing Information

MLS®
10396942
Listed
August 7, 2026
Time on market
On the market for 24 days
Data last synced
August 28, 2026

Listing provided by: Fair Realty (Sorrento) · Data source: CREA DDF.

Description

Build your dream home on this beautiful 5-acre property in the heart of picturesque Turtle Valley. Located on a quiet dead-end road just minutes from the Trans-Canada Highway, Chase, and Sorrento, this property offers the peace of rural living with everyday conveniences close by. Enjoy stunning mountain views, a gentle building site, and direct access to Crown land bordering the rear of the property. Outside the ALR, the parcel offers excellent flexibility for your plans. A deep drilled well is located on the shared boundary with registered water rights benefiting this property, while power is available at the road for added convenience. A diverse mix of mature trees provides privacy and natural beauty throughout the property. Turtle Valley is known for its rolling meadows, mature aspens, country acreages, and equestrian properties, offering a peaceful rural lifestyle surrounded by nature. Whether you're planning a country home, hobby farm, or simply looking for space to enjoy the outdoors, this is an exceptional opportunity to own a piece of one of the Shuswap's most beautiful valleys. (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

2,399

(2021 Census)

+4.9% since 2016

Density: 639.7/km²

Dwellings: 1,249

Median household income: $60,400

After-tax: $56,400

Immigrant population: 10.9%

Top countries of origin (% of total population)

  • United Kingdom3.5% · 85
  • Germany2.5% · 60
  • United States of America1.7% · 40
  • Hong Kong0.8% · 20
  • Korea, South0.6% · 15
  • China0.4% · 10

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Sorrento ElementaryElementary7.3 km
Haldane ElementaryElementary10.5 km
Chase Elementary-SecondaryElementary10.6 km
Carlin Elementary MiddleElementary/Middle15.6 km
North Shuswap ElementaryElementary/Middle18.5 km
Salmon Arm West ElementaryElementary20.8 km
Shuswap SDA(Independent)Elementary/Middle22.8 km
Salmon Arm StorefrontSecondary23.2 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: Kamloops-Thompson (SD73)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($14,925) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$238,800.00
Periodic payment — Principal & Interest (monthly)$1,540.66
Additional monthly expenses (strata, tax, utilities, etc.)$57.35
Total monthly cost$1,598.01
Interest paid over 5-yr term$68,440.77
Balance at end of term$214,801.37

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$14,925
Stress test qualifying rate8.09%
Payment you must qualify for$2,180.59

Cash Needed at Closing

Minimum down payment$14,925
Estimated BC PTT$3,970
Legal / closing costs (typical estimate)$1,500
Total cash needed$20,395

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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