Property Type: Land / LotOwnership: Freehold

LOT 8 SUMMIT DRIVE

Canim Lake, BC V0K1J0

$98,000

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Property Details

Property & Lot

Lot size
0.54 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$454.96 (2026)

Interior

Fireplace
None

Listing Information

MLS®
R3147476
Listed
July 17, 2026
Time on market
On the market for 45 days
Tax assessment year
2026
Data last synced
August 28, 2026

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

Description

Discover the perfect spot for your Cariboo home with this fantastic half-acre lot in Canim Lake Estates! This private, tree-filled site offers an idyllic setting for building. Just a stone’s throw away from the stunning Canim Lake, the largest lake in South Cariboo, you’ll have endless opportunities for recreation. Plus, there’s another adjacent lot available on MLS - perfect for added privacy and investment! The lot has community water, power and fiber optic internet at the road. Within Fire protection and even includes an 8' x 16' Greenhouse! (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 ElementaryElementary12.8 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: Cariboo-Chilcotin (SD27)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($4,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$78,400.00
Periodic payment — Principal & Interest (monthly)$505.81
Additional monthly expenses (strata, tax, utilities, etc.)$37.91
Total monthly cost$543.72
Interest paid over 5-yr term$22,469.67
Balance at end of term$70,521.05

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$4,900
Stress test qualifying rate8.09%
Payment you must qualify for$715.91

Cash Needed at Closing

Minimum down payment$4,900
Estimated BC PTT$980
Legal / closing costs (typical estimate)$1,500
Total cash needed$7,380

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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