Columbia Avenue Lot# Lot 14
Peachland, BC V0H1X4
$3,450,000
Property Details
Property & Lot
- Sub-type
- Other
- Lot size
- 4.28 acres
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $16,594.08
Interior
- Fireplace
- None
Exterior & Lot
- View
- Lake view
Listing Information
- MLS®
- 10381307
- Listed
- March 30, 2026
- Time on market
- On the market for 154 days
- Data last synced
- August 28, 2026
Listing provided by: RE/MAX Treeland Realty · Data source: CREA DDF.
Description
An exceptional 4.28 acre development opportunity in Peachland, BC, located in one of the Okanagan’s most desirable lakefront communities. 5930 Columbia Avenue, together with the neighbouring property for a total of 9.46 acres, zoned RM3, with OCP support for RM4 zoning, allowing up to 24 units per acre and potential for 200+ homes. The property’s natural topography is ideal for lakeview condos, townhomes, or a mixed-density project, with elevated views of Okanagan Lake. Just a 10-minute walk to Beach Avenue, residents will enjoy cafés, restaurants, boutique shopping, parks, and the waterfront boardwalk. With approximately 9.46 acres total (combined with neighbouring property), this is a rare opportunity to secure a large-scale development site with strong upside in a high-demand market. (id:63159)
Location Insights
Weather
Nearest station: Summerland
17°C
—
Humidity 56%
Wind SW 4 km/h
Tonight
12°
Tuesday
27°
Tuesday night
15°
Wednesday
24°
Wednesday night
13°
Thursday
19°
Source: Environment and Climate Change Canada.
Population
5,789
(2021 Census)
+6.7% since 2016
Density: 359.6/km²
Dwellings: 2,936
Median household income: $81,000
After-tax: $72,500
Immigrant population: 15.8%
Top countries of origin (% of total population)
- United Kingdom5.7% · 330
- Germany2.3% · 135
- United States of America1.6% · 90
- Netherlands0.8% · 45
- Korea, South0.3% · 20
- Viet Nam0.3% · 20
- Italy0.3% · 15
- China0.3% · 15
Source: Statistics Canada, 2021 Census of Population.
Location Accessibility
Our own metric — not an official Walk Score®.
Amenities
22
3/9 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
| School | Type | Distance |
|---|---|---|
| Peachland Elementary | Elementary | 2.4 km |
| Glenrosa Middle School | Middle | 9.3 km |
| Webber Road Elementary | Elementary | 9.4 km |
| Helen Gorman Elementary | Elementary | 9.8 km |
| Glenrosa Elementary | Elementary | 9.8 km |
| Our Lady of Lourdes(Independent) | Elementary/Middle | 10.1 km |
| Shannon Lake Elementary | Elementary | 13.0 km |
| Sensisyusten House of Learning(Independent) | Elementary | 13.1 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.
Nearby Places
Restaurants (5+)
- Blind Angler · 5899 Beach Avenue301 m
- Dragon Lotus · 5872 Beach Avenue363 m
- Jac’s On The Beach · 5866 Beach Avenue373 m
- Ships A-Hoy · 5860 Beach Avenue408 m
- Cibo & Vine Ristorante · 5842 Beach Avenue444 m
Parks (2)
- Pentowna Park239 m
- Peachland Heritage Park453 m
Pharmacies (1)
- Peachland Pharmacy · 5848 Beach Avenue428 m
Nearby places data: © OpenStreetMap contributors.
School district: Central Okanagan (SD23)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($690,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.