Property Type: Land / LotOwnership: Freehold

Malakwa Road Lot# 4,5,6

Malakwa, BC V0E2J0

$229,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.77 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$1,397.22

Interior

Fireplace
None

Exterior & Lot

View
Mountain view

Listing Information

MLS®
10365145
Listed
October 7, 2025
Time on market
On the market for 328 days
Data last synced
August 28, 2026

Listing provided by: B.C. Farm & Ranch Realty Corp. · Data source: CREA DDF.

Description

3 lots for the price of one, .3, .3, .17 of an acre for a total of .77 acres, Lot 4 out of ALR, Lot 5 mostly out of ALR and Lot 6 in ALR, Build on Lot 4 and use the other two to generate income from signs, or a great spot for a market garden or other home based business with Hwy #1 exposure, it is off the Hwy on Malakwa Rd. Priced below BC assessed value, Close to School and Shopping, Close to lots of recreational areas, Snowmobiling on the mountain trails, water sports on Mara or Shuswap Lakes, 35 min to Revelstoke, 5 min to Sicamous. (id:63159)

Location Insights

Weather

Nearest station: Revelstoke

Clear

13°C

Clear

Humidity 91%

Wind WSW 4 km/h

Tonight

10°

Tuesday

25°

Tuesday night

13°

Wednesday

22°

Wednesday night

12°

Thursday

17°

Source: Environment and Climate Change Canada.

Nearby Schools

SchoolTypeDistance
Eagle River SecondaryK-1216.7 km
Parkview Elementary SchoolElementary16.7 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% ($11,450) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$183,200.00
Periodic payment — Principal & Interest (monthly)$1,181.94
Additional monthly expenses (strata, tax, utilities, etc.)$116.44
Total monthly cost$1,298.38
Interest paid over 5-yr term$52,505.65
Balance at end of term$164,788.99

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$11,450
Stress test qualifying rate8.09%
Payment you must qualify for$1,672.88

Cash Needed at Closing

Minimum down payment$11,450
Estimated BC PTT$2,580
Legal / closing costs (typical estimate)$1,500
Total cash needed$15,530

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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