Property Type: Land / LotOwnership: Freehold

Lot 3 SUMMIT ROAD

Canim Lake, BC V0K1J0

$89,900

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Property Details

Property & Lot

Lot size
1.14 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$532.12 (2025)

Interior

Fireplace
None

Listing Information

MLS®
R3106852
Listed
April 3, 2026
Time on market
On the market for 151 days
Tax assessment year
2025
Data last synced
August 28, 2026

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

Description

Welcome to the Cariboo dream! Over an acre of nicely treed property this one wont last! Community water system including fire hydrant right at the road, and Hydro available for hook up this is tremendous value and ready for you to build your dream home or cabin, or just hold as an investment! No restrictions/building schemes in place, and an R2 zoning allows for a two family home or duplex but doesn't restrict if you just want it for yourself. (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 ElementaryElementary12.9 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% ($4,495) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$71,920.00
Periodic payment — Principal & Interest (monthly)$464.00
Additional monthly expenses (strata, tax, utilities, etc.)$44.34
Total monthly cost$508.35
Interest paid over 5-yr term$20,612.48
Balance at end of term$64,692.27

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$4,495
Stress test qualifying rate8.09%
Payment you must qualify for$656.73

Cash Needed at Closing

Minimum down payment$4,495
Estimated BC PTT$899
Legal / closing costs (typical estimate)$1,500
Total cash needed$6,894

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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