Property Type: Land / LotOwnership: Freehold

Lot #2 Paradise Road

Joe Rich, BC V1P1K4

$349,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
5 acres
Frontage
441 feet

Ownership & Fees

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

Interior

Fireplace
None

Exterior & Lot

Waterfront
Other

Listing Information

MLS®
10388333
Listed
May 28, 2026
Time on market
On the market for 95 days
Data last synced
August 28, 2026

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

Description

Your Mountain Escape awaits… own 5 acres of your own private paradise, where views, recreation and freedom awaits. Each freehold lot includes a drilled well and offers the perfect balance of privacy and accessibility. No building timelines. Bring your trailer, or RV and camp while you plan your dream home or simply enjoy the land. Enjoy the endless ATV and hiking trails, snowmobile in the winter, downhill ski at Big White, Cross country ski at the Nordic ski club, or cycle the historic Kettle Valley Rail Trail. Idabel Lake... a truly hidden gem, offering fishing, paddling, all from an easy boat launch. Build when you’re ready, enjoy it today… drilled well, Fortis power and weekly garbage pick-up. Create your own private recreational retreat. The only thing missing is you! (id:63159)

Location Insights

Weather

Nearest station: Kelowna

Clear

14°C

Clear

Humidity 79%

Wind N 4 km/h

Tonight

11°

Tuesday

27°

Tuesday night

14°

Wednesday

24°

Wednesday night

13°

Thursday

19°

Source: Environment and Climate Change Canada.

Nearby Schools

SchoolTypeDistance
Big White Community SchoolElementary/Middle18.4 km
Black Mountain ElementaryElementary18.9 km
South Kelowna ElementaryElementary20.7 km
Okanagan Montessori Elementary School(Independent)Elementary21.7 km
Belgo Elementary SchoolElementary22.0 km
Okanagan Christian School(Independent)K-1222.0 km
South Rutland ElementaryElementary22.1 km
Canyon Falls Middle SchoolMiddle22.3 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: Boundary (SD51)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($17,450) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$279,200.00
Periodic payment — Principal & Interest (monthly)$1,801.30
Additional monthly expenses (strata, tax, utilities, etc.)$0.00
Total monthly cost$1,801.30
Interest paid over 5-yr term$80,019.52
Balance at end of term$251,141.30

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$17,450
Stress test qualifying rate8.09%
Payment you must qualify for$2,549.50

Cash Needed at Closing

Minimum down payment$17,450
Estimated BC PTT$4,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$23,930

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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