Property Type: Land / LotOwnership: Freehold

Lot 64 Tyndall Road

Lake Country, BC V4V2K7

$5,500,000

Get Directions

Property Details

Property & Lot

Sub-type
Other
Lot size
5.97 acres
Frontage
700 feet

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$2,863

Interior

Fireplace
None

Exterior & Lot

View
Lake view

Listing Information

MLS®
10374600
Listed
February 3, 2026
Time on market
On the market for 210 days
Data last synced
August 28, 2026

Listing provided by: Oakwyn Realty Okanagan · Data source: CREA DDF.

Description

Incredible Development Opportunity – Lakeview Lots in Lakestone Discover a rare investment opportunity in the heart of Lake Country! This proposed subdivision offers 28 premium lakeview lots, with the potential to expand to 30 total lots, all nestled in the desirable Lakestone area. Each lot comes with water and power at the lot line, and a proposed sewer connection plan is already in place, following guidance from City Planners. Located just minutes from Kelowna International Airport and UBC Okanagan, this site offers both convenience and scenic charm, making it ideal for a high-demand residential community. Whether you're a developer or investor, this is your chance to bring a vision to life in one of the fastest-growing regions in the Okanagan. Don’t miss out—opportunities like this are rare! (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
Davidson Road ElementaryElementary2.5 km
George Elliot SecondarySecondary2.5 km
HS Grenda Middle SchoolMiddle2.6 km
Peter Greer ElementaryElementary3.3 km
Oyama Traditional SchoolElementary10.1 km
Aberdeen Hall Preparatory School(Independent)K-1210.6 km
North Glenmore ElementaryElementary11.1 km
Ellison ElementaryElementary11.6 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% ($1,100,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$4,400,000.00
Periodic payment — Principal & Interest (monthly)$28,387.31
Additional monthly expenses (strata, tax, utilities, etc.)$238.58
Total monthly cost$28,625.89
Interest paid over 5-yr term$1,261,052.65
Balance at end of term$3,957,814.23

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$1,100,000
Stress test qualifying rate8.09%
Payment you must qualify for$33,834.46

Cash Needed at Closing

Minimum down payment$1,100,000
Estimated BC PTT$193,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$1,294,500

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.

Request more information