Property Type: Land / LotOwnership: Freehold

Lot A Dure Meadow S. Road

Lumby, BC V0E2G7

$950,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
52.36 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$200

Interior

Fireplace
None

Exterior & Lot

View
Mountain view, Valley view

Restrictions & Policies

Pets
Allowed

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Listing Information

MLS®
10398030
Listed
August 18, 2026
Time on market
On the market for 13 days
Data last synced
August 28, 2026

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

Description

53 acres of nicely treed property, mostly gentle sloped terrain with several open benches ready for your dream home. The property offers great views overlooking the Lumby Valley facing North and East to the Monashee's. Some flat pasture at the base of the hill to keep some animals if you so desire. On the lower part of the property is a small clean pond you can use as a swimming hole. Out of the ALR the NU Zoning will allow possible further subdivision of the property into 2 or maybe 3 lots. Area of good ground water there is a drilled well indicating 8 GPM, plenty for a domestic supply. Enjoy the natural wildlife passing through this peaceful valley. Located in a quiet rural area just 20 minutes to Vernon and 10 to Lumby. Please don't go on your own, call your agent to arrange any viewings, no real estate signs by request. (id:63159)

Location Insights

Weather

Nearest station: Vernon

18°C

Humidity 66%

Wind ESE 16 km/h

Tonight

11°

Tuesday

27°

Tuesday night

14°

Wednesday

24°

Wednesday night

13°

Thursday

19°

Source: Environment and Climate Change Canada.

Population

2,063

(2021 Census)

+12.5% since 2016

Density: 347.9/km²

Dwellings: 861

Median household income: $77,000

After-tax: $70,500

Immigrant population: 9.2%

Top countries of origin (% of total population)

  • United Kingdom2.9% · 60
  • United States of America1.2% · 25
  • Netherlands0.5% · 10

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Okanagan Waldorf School(Independent)Elementary987 m
Crossroads Learning CentreSecondary5.5 km
Charles Bloom SecondaryK-125.6 km
J W Inglis ElementaryElementary5.9 km
Lavington ElementaryElementary6.5 km
Coldstream ElementaryElementary15.3 km
Hillview ElementaryElementary16.4 km
Kalamalka SecondaryElementary16.5 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: Vernon (SD22)

Mortgage & Ownership Cost Calculator

Minimum required: 7.4% ($70,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$760,000.00
Periodic payment — Principal & Interest (monthly)$4,903.26
Additional monthly expenses (strata, tax, utilities, etc.)$16.67
Total monthly cost$4,919.93
Interest paid over 5-yr term$217,818.18
Balance at end of term$683,622.46

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$70,000
Stress test qualifying rate8.09%
Payment you must qualify for$6,766.89

Cash Needed at Closing

Minimum down payment$70,000
Estimated BC PTT$17,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$88,500

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.

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