Property Type: Land / LotOwnership: Freehold

LOT 11 MCGILLIVRAY LAKE Drive

Sun Peaks, BC V0E5N0

$619,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.28 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$0

Interior

Fireplace
None

Exterior & Lot

View
View (panoramic)

Listing Information

MLS®
10331098
Listed
January 3, 2025
Time on market
On the market for 605 days
Data last synced
August 28, 2026

Listing provided by: Re/Max Alpine Resort Realty Corp. · Data source: CREA DDF.

Description

Welcome to the building site of your dreams in 'Alder Estates'. This new 16 lot subdivision is adjacent to the Sun Peaks Golf Course and offers easy access to world-class skiing, Nordic trails and thrilling mountain biking terrain. This location offers the best of lifestyle and mountain majesty with gentle topography and southern/westerly exposure. Nestled within a serene and private landscape, this exceptional subdivision presents a unique opportunity for the investor or homeowner seeking to bring their architectural dreams to life. These prepared building lots feature underground utilities and are zoned for short term rentals. This one-of-a-kind subdivision exudes a sense of seclusion and tranquility surrounded by the embrace of nature. The property showcases stunning mountain views that will leave you in awe. Don't miss this opportunity to build your mountain retreat, embrace the extraordinary beauty of Alder Estates and create a lifetime of cherished memories. GST applies. (id:63159)

Location Insights

Weather

Nearest station: Kamloops

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.

Nearby Schools

SchoolTypeDistance
Sun Peaks SchoolElementary/Middle1.9 km
Chase Elementary-SecondaryElementary13.8 km
Haldane ElementaryElementary13.9 km
Pinantan ElementaryElementary20.3 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: 6.0% ($36,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$495,200.00
Periodic payment — Principal & Interest (monthly)$3,194.86
Additional monthly expenses (strata, tax, utilities, etc.)$0.00
Total monthly cost$3,194.86
Interest paid over 5-yr term$141,925.74
Balance at end of term$445,434.00

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$36,900
Stress test qualifying rate8.09%
Payment you must qualify for$4,476.15

Cash Needed at Closing

Minimum down payment$36,900
Estimated BC PTT$10,380
Legal / closing costs (typical estimate)$1,500
Total cash needed$48,780

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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