Property Type: Land / LotOwnership: Freehold

97 Tunkwa Lake Road Road

Kamloops, BC V0K2J0

$515,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
19.76 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$1,480.32

Interior

Fireplace
None

Listing Information

MLS®
10395240
Listed
July 20, 2026
Time on market
On the market for 42 days
Data last synced
August 28, 2026

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

Description

Extremely private acreage with panoramic views of Kamloops Lake and easy access to the Trans-Canada Highway (Hwy 1). 19.7 acres. Build your legacy home on the flat west end of the property and enjoy the stunning views. AF-1 zoning. Proven water with a spring-fed well and power to the building site. Plenty of room to build a shop, with an area already mapped out and a large surveyed building site. Additional features include a 300-ft geothermal shaft. Close to trails, fishing and just 3 minutes to Savona, offering a boat launch, school, library, general store, fire hall, park, beach, post office, and fuel station. Only 10 minutes to Tobiano, home to a world-class golf course and marina, and 30 minutes to downtown Kamloops. Buyer to verify all details deemed important. (id:63159)

Location Insights

Weather

Mostly Cloudy

22°C

Mostly Cloudy

Humidity 48%

Wind ESE 20 km/h

Tonight

13°

Tuesday

28°

Tuesday night

16°

Wednesday

25°

Wednesday night

15°

Thursday

23°

Source: Environment and Climate Change Canada.

Population

97,902

(2021 Census)

+8.4% since 2016

Density: 328.6/km²

Dwellings: 41,619

Median household income: $88,000

After-tax: $78,000

Immigrant population: 9.9%

Top countries of origin (% of total population)

  • United Kingdom1.5% · 1,425
  • India1.3% · 1,240
  • United States of America0.8% · 790
  • Philippines0.8% · 750
  • Germany0.6% · 555
  • Italy0.5% · 535
  • China0.3% · 320
  • South Africa, Republic of0.3% · 250

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Savona ElementaryElementary3.1 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: 5.1% ($26,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$412,000.00
Periodic payment — Principal & Interest (monthly)$2,658.08
Additional monthly expenses (strata, tax, utilities, etc.)$123.36
Total monthly cost$2,781.44
Interest paid over 5-yr term$118,080.38
Balance at end of term$370,595.33

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$26,500
Stress test qualifying rate8.09%
Payment you must qualify for$3,756.39

Cash Needed at Closing

Minimum down payment$26,500
Estimated BC PTT$8,300
Legal / closing costs (typical estimate)$1,500
Total cash needed$36,300

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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