Property Type: Detached HouseOwnership: Freehold

985 OLD N THOMPSON Highway

Clearwater, BC V0E1N2

$899,000

4 bed2.5 bath8 parking2,202 sqftBuilt 1971
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
5 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$2,006.02

Interior

Basement
Crawl space
Heating
Heat Pump, Radiant heat
Cooling / A/C
Heat Pump
Fireplace
None
Flooring
Laminate, Mixed Flooring
Appliances
Refrigerator, Dishwasher, Range, Washer & Dryer

Exterior & Lot

Exterior features
Vinyl siding
View
Mountain view, Valley view
Lot features
Private setting
Fencing
Fence

Building

Roof
Asphalt shingle, Unknown
Water source
Well
Parcel ID (PID)
007-646-411

Parking

Total spaces
8 — covered indicated
Features
Attached Garage, Detached Garage, RV, See Remarks, Additional Parking

Room Dimensions

RoomLevelDimensions
BedroomSecond level8'7'' x 8'7''
BedroomSecond level11'9'' x 10'
BedroomSecond level10'11'' x 10'0''
Primary BedroomSecond level12'3'' x 12'6''
Family roomMain level18'9'' x 19'6''
Laundry roomMain level19'8'' x 8'0''
KitchenMain level13'6'' x 19'
Living roomMain level11'6'' x 23'1''
4pc BathroomSecond level
2pc BathroomMain level

Listing Information

MLS®
10396672
Listed
August 5, 2026
Time on market
On the market for 26 days
Data last synced
September 1, 2026

Listing provided by: Royal LePage Westwin Realty · Data source: CREA DDF.

Description

5 ACRES, METICULOUS HOME & DETACHED SHOP! This tastefully updated home offers a functional and spacious layout, perfect for both family living and entertaining. The main level features a bright, open-concept design with a brand new custom modern kitchen complete with a one-of-a-kind expansive island, stone countertops, and a full new appliance package. Large new windows and a sliding glass door flood the space with natural light leading into a spacious living room, accented by exposed custom beams and posts. The main level also offers a powder room bathroom, family room, laundry room, mechanical room, and convenient access to the double car garage and backyard. On the upper level you’ll find 4 generously sized bedrooms and a full bathroom, offering plenty of space for a growing family. Set on 5 flat usable acres, the property is well-equipped for rural living featuring a self-irrigated hay field, private lawn space, and ample parking. A standout feature is the massive detached luxury shop, complete with over height doors, a bathroom, and a mezzanine level with open space and an additional bedroom. Plenty of covered parking/storage with privacy. Recent upgrades include a new heat pump for the house and a new heat exchanger for the wood boiler system, efficiently heating both the home and the shop. For added convenience and flexibility, the house and shop are each serviced by their own hydro meter. Turn key property. Call today for a private viewing. (id:63159)

Values & Trends

This listing

$408/sqft

Building average

No other active listings in this building

Clearwater average

$395/sqft

38 active listing(s)

Parking: 8 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

19°C

Humidity 61%

Wind N 5 km/h

Tonight

Tuesday

26°

Tuesday night

11°

Wednesday

22°

Wednesday night

11°

Thursday

16°

Source: Environment and Climate Change Canada.

Population

2,388

(2021 Census)

+2.8% since 2016

Density: 42.9/km²

Dwellings: 1,145

Median household income: $68,000

After-tax: $62,000

Immigrant population: 6.6%

Top countries of origin (% of total population)

  • United States of America1.7% · 40
  • United Kingdom1.3% · 30
  • Netherlands0.8% · 20

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Clearwater SecondaryElementary6.8 km
Raft River ElementaryElementary8.3 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: 7.2% ($64,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$719,200.00
Periodic payment — Principal & Interest (monthly)$4,640.03
Additional monthly expenses (strata, tax, utilities, etc.)$277.17
Total monthly cost$4,917.20
Interest paid over 5-yr term$206,124.79
Balance at end of term$646,922.73

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$64,900
Stress test qualifying rate8.09%
Payment you must qualify for$6,413.94

Cash Needed at Closing

Minimum down payment$64,900
Estimated BC PTT$15,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$82,380

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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