Property Type: Land / LotOwnership: Freehold

Lot 8 Lindsay Road

Magna Bay, BC V0E1M7

$189,900

Get Directions

Property Details

Property & Lot

Sub-type
Other
Lot size
0.47 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$675.08

Interior

Fireplace
None

Listing Information

MLS®
10393380
Listed
July 2, 2026
Time on market
On the market for 60 days
Data last synced
August 28, 2026

Listing provided by: REMAX Kamloops · Data source: CREA DDF.

Description

Vacant .47acre building lot in Magna bay with lake access on crown provincial land beside the lot. Driveway installed. Hydro available at the road with excellent artesian well on the property. Wonderful views. Good spot for all you recreation needs. (id:63159)

Location Insights

Weather

Nearest station: Salmon Arm

16°C

Humidity 84%

Wind SSE 5 km/h

Tonight

10°

Tuesday

25°

Tuesday night

14°

Wednesday

23°

Wednesday night

12°

Thursday

20°

Source: Environment and Climate Change Canada.

Nearby Schools

SchoolTypeDistance
North Shuswap ElementaryElementary/Middle6.3 km
Carlin Elementary MiddleElementary/Middle16.4 km
Sorrento ElementaryElementary17.4 km
North Canoe ElementaryElementary24.5 km
Shuswap SDA(Independent)Elementary/Middle24.7 km
Eagle River SecondaryK-1224.8 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: Okanagan-Shuswap (SD83)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($9,495) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$151,920.00
Periodic payment — Principal & Interest (monthly)$980.14
Additional monthly expenses (strata, tax, utilities, etc.)$56.26
Total monthly cost$1,036.39
Interest paid over 5-yr term$43,540.71
Balance at end of term$136,652.53

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$9,495
Stress test qualifying rate8.09%
Payment you must qualify for$1,387.25

Cash Needed at Closing

Minimum down payment$9,495
Estimated BC PTT$1,899
Legal / closing costs (typical estimate)$1,500
Total cash needed$12,894

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.

Request more information