Property Type: Land / LotOwnership: Freehold

Lot A Wyatt Road

Spallumcheen, BC V4Y0M5

$439,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
2.47 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$2,053.79

Interior

Fireplace
None

Exterior & Lot

View
Mountain view, Valley view, View (panoramic)

Listing Information

MLS®
10395949
Listed
July 27, 2026
Time on market
On the market for 35 days
Data last synced
August 28, 2026

Listing provided by: RE/MAX Vernon (Armstrong) · Data source: CREA DDF.

Description

Perfect hobby size farm acreage on Knob Hill Rd in Armstrong/Spallumcheen ready for your dream home plans. 2.47 acres of treed rolling land that is perfectly spaced and firesmart prepped with a park like feel. Small holding zoned with no building scheme or time lines to build. Septic location fully approved, all new 2025 fencing with privacy gate on Knob Hill Rd. Here's your opportunity to build your dream home on a manageable sized acreage right smack dab in the heart of farming country. By appointment only please. (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

5,307

(2021 Census)

+3.9% since 2016

Density: 20.8/km²

Dwellings: 2,099

Median household income: $84,000

After-tax: $76,500

Immigrant population: 7.6%

Top countries of origin (% of total population)

  • United States of America1.3% · 70
  • Germany1.2% · 65
  • United Kingdom1.1% · 60
  • Netherlands1% · 55
  • South Africa, Republic of0.4% · 20
  • Russian Federation0.2% · 10
  • Philippines0.2% · 10

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Highland Park ElementaryElementary5.3 km
Armstrong ElementaryElementary6.1 km
Len Wood Middle SchoolMiddle6.2 km
Pleasant Valley SecondarySecondary6.4 km
M.V. Beattie ElementaryElementary9.1 km
A.L. Fortune SecondaryK-129.7 km
North Okanagan Junior Academy(Independent)Elementary/Middle11.4 km
Mountain View Christian(Independent)Elementary/Middle14.2 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% ($21,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$351,200.00
Periodic payment — Principal & Interest (monthly)$2,265.82
Additional monthly expenses (strata, tax, utilities, etc.)$171.15
Total monthly cost$2,436.97
Interest paid over 5-yr term$100,654.93
Balance at end of term$315,905.54

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$21,950
Stress test qualifying rate8.09%
Payment you must qualify for$3,206.97

Cash Needed at Closing

Minimum down payment$21,950
Estimated BC PTT$6,780
Legal / closing costs (typical estimate)$1,500
Total cash needed$30,230

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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