Property Type: Land / LotOwnership: Freehold

86 Old Town Road

Sicamous, BC V0E2V4

$213,750

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Property Details

Property & Lot

Sub-type
Other
Lot size
1.09 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$1,496.46

Interior

Fireplace
None

Exterior & Lot

View
Lake view, Mountain view, Valley view

Listing Information

MLS®
10338961
Listed
March 18, 2025
Time on market
On the market for 531 days
Data last synced
August 28, 2026

Listing provided by: REMAX Shuswap · Data source: CREA DDF.

Description

Build your dream home on this 1.09 acre CR-zoned hillside property located on Old Town Road in Sicamous. Offering the perfect blend of rural living and convenience, this gently rolling acreage captures beautiful pastoral and mountain views with surrounding open space and neighbouring acreages. Situated in the desirable Old Town area, this property provides a peaceful setting while remaining just minutes from town amenities, restaurants, and year-round recreation including sledding, boating, hiking, and ATV trails. Enjoy easy access to the public boat launch at Old Town Bay on Shuswap Lake, located just down the road. Outdoor enthusiasts will also appreciate the nearby Abbott’s Park trail system, along with the sandy beaches of both Shuswap Lake and Mara Lake only minutes away. Town water and sewer are available (a lift station will be required to connect to the public sewer from this lot). Seller financing available to qualified buyers, subject to terms and approval. 2025 Property Taxes: $1,516.64 A great opportunity to secure acreage in one of Sicamous’ desirable rural locations close to town and recreation. (id:63159)

Location Insights

Weather

Nearest station: Salmon Arm

13°C

Humidity 91%

Wind S 2 km/h

Tonight

10°

Tuesday

25°

Tuesday night

14°

Wednesday

23°

Wednesday night

12°

Thursday

20°

Source: Environment and Climate Change Canada.

Population

2,613

(2021 Census)

+7.6% since 2016

Density: 204.1/km²

Dwellings: 1,905

Median household income: $65,000

After-tax: $60,400

Immigrant population: 5.7%

Top countries of origin (% of total population)

  • United Kingdom1.5% · 40
  • United States of America1% · 25
  • Germany0.6% · 15
  • Italy0.4% · 10
  • Netherlands0.4% · 10

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Eagle River SecondaryK-121.4 km
Parkview Elementary SchoolElementary1.9 km
North Canoe ElementaryElementary20.6 km
Shuswap SDA(Independent)Elementary/Middle21.9 km
Carlin Elementary MiddleElementary/Middle23.6 km
South CanoeElementary/Middle23.9 km
Salmon Arm SecondarySecondary24.2 km
South Broadview ElementaryElementary24.7 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)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($10,688) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$171,000.00
Periodic payment — Principal & Interest (monthly)$1,103.23
Additional monthly expenses (strata, tax, utilities, etc.)$124.71
Total monthly cost$1,227.94
Interest paid over 5-yr term$49,009.09
Balance at end of term$153,815.05

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$10,688
Stress test qualifying rate8.09%
Payment you must qualify for$1,561.48

Cash Needed at Closing

Minimum down payment$10,688
Estimated BC PTT$2,275
Legal / closing costs (typical estimate)$1,500
Total cash needed$14,463

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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