Property Type: Land / LotOwnership: Freehold

Lot 2 Carrs Landing Road

Lake Country, BC V4V1A9

$1,850,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.32 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$6,621.52

Interior

Fireplace
None

Exterior & Lot

View
Lake view, Mountain view, Valley view
Waterfront
Waterfront on lake

Listing Information

MLS®
10325701
Listed
October 12, 2024
Time on market
On the market for 688 days
Data last synced
August 28, 2026

Listing provided by: RE/MAX Vernon · Data source: CREA DDF.

Description

Presenting the perfect canvas for your dream home with this 0.322-acre lakefront residential building lot, located in the prestigious and sought-after Carrs Landing community of Lake Country. This property offers gorgeous views of Okanagan Lake, combined with the peace and privacy of a serene natural setting. Carrs Landing is a quiet, residential neighborhood known for its large lots, vineyards, orchards, and upscale homes. Located near amenities like world-class wineries, local markets, parks, and golf courses. (id:63159)

Location Insights

Weather

Nearest station: Kelowna

Clear

12°C

Clear

Humidity 88%

Wind ENE 5 km/h

Tonight

11°

Tuesday

27°

Tuesday night

14°

Wednesday

24°

Wednesday night

13°

Thursday

19°

Source: Environment and Climate Change Canada.

Population

15,817

(2021 Census)

+22.4% since 2016

Density: 129.5/km²

Dwellings: 6,852

Median household income: $98,000

After-tax: $87,000

Immigrant population: 11.7%

Top countries of origin (% of total population)

  • United Kingdom2.7% · 425
  • Germany1.3% · 200
  • United States of America1% · 160
  • India0.8% · 120
  • South Africa, Republic of0.3% · 55
  • Philippines0.3% · 55
  • Netherlands0.3% · 50
  • Russian Federation0.2% · 35

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Oyama Traditional SchoolElementary6.7 km
Davidson Road ElementaryElementary8.0 km
George Elliot SecondarySecondary10.6 km
HS Grenda Middle SchoolMiddle10.8 km
Peter Greer ElementaryElementary10.9 km
Okanagan Landing ElementaryElementary15.8 km
Ellison ElementaryElementary18.1 km
Clarence Fulton SecondaryElementary18.2 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: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($370,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,480,000.00
Periodic payment — Principal & Interest (monthly)$9,548.46
Additional monthly expenses (strata, tax, utilities, etc.)$551.79
Total monthly cost$10,100.25
Interest paid over 5-yr term$424,172.25
Balance at end of term$1,331,264.79

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$370,000
Stress test qualifying rate8.09%
Payment you must qualify for$11,380.68

Cash Needed at Closing

Minimum down payment$370,000
Estimated BC PTT$35,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$406,500

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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