Property Type: Land / LotOwnership: Freehold

LOT 12 SUMMIT ROAD

Canim Lake, BC V0K1J0

$75,000

Get Directions

Property Details

Property & Lot

Lot size
1.26 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$466.57 (2024)

Interior

Fireplace
None

Listing Information

MLS®
R3119405
Listed
May 5, 2026
Time on market
On the market for 118 days
Tax assessment year
2024
Data last synced
August 28, 2026

Listing provided by: eXp Realty (100 Mile) · Data source: CREA DDF.

Description

Looking for a piece of the Cariboo to call your own? This 1.26-acre property near Canim Lake, a quick 5 min drive, might just be it! With community water already in place and R2 zoning giving you the green light for a two-family home, duplex, or just your cozy home, the possibilities are as wide as the Cariboo skies. Hydro's ready to roll at the road, so bring your vision, be it building your home, or diversifying your portfolio . No pesky restrictions or building schemes to cramp your style. Wander through this treed slice of potential and see where it takes you! (id:63159)

Location Insights

Weather

Nearest station: 100 Mile House

Cloudy

15°C

Cloudy

Humidity 59%

Wind SE 9 km/h

Tonight

12°

Tuesday

24°

Tuesday night

15°

Wednesday

21°

Wednesday night

12°

Thursday

18°

Source: Environment and Climate Change Canada.

Nearby Schools

SchoolTypeDistance
Forest Grove ElementaryElementary12.7 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: Cariboo-Chilcotin (SD27)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($3,750) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$60,000.00
Periodic payment — Principal & Interest (monthly)$387.10
Additional monthly expenses (strata, tax, utilities, etc.)$38.88
Total monthly cost$425.98
Interest paid over 5-yr term$17,196.17
Balance at end of term$53,970.19

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$3,750
Stress test qualifying rate8.09%
Payment you must qualify for$547.89

Cash Needed at Closing

Minimum down payment$3,750
Estimated BC PTT$750
Legal / closing costs (typical estimate)$1,500
Total cash needed$6,000

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.

Request more information