Property Type: Land / LotOwnership: Freehold

Planned Lot 2 Tappen Notch Hill Road

Tappen, BC V0E2X3

$375,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
38.05 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$0

Interior

Fireplace
None

Exterior & Lot

View
Mountain view, Valley view

Listing Information

MLS®
10382250
Listed
May 1, 2026
Time on market
On the market for 122 days
Data last synced
August 28, 2026

Listing provided by: Coldwell Banker Executives Realty · Data source: CREA DDF.

Description

Discover a rare opportunity to own a private acreage in the desirable Notch Hill area. This approx. 38-acre parcel offers a peaceful, natural setting with select building sites positioned to take advantage of the landscape and views—ideal for buyers seeking privacy and an estate-style setting rather than full use of the entire acreage. A Section 219 Geotechnical Covenant is registered on title, and additional work by WSP Engineering may be required at the Buyer’s expense. This lot is not subdividable; however, Lot 2 permits up to four dwellings, subject to applicable approvals. The property is subject to final subdivision registration, pending Land Title Office registration. All site development costs are the responsibility of the Buyer. A Moduline “Morgan” home package is also available for an additional cost. A unique opportunity to create a private rural retreat just minutes from Salmon Arm. Buyer to verify all details deemed important. (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
Carlin Elementary MiddleElementary/Middle1.8 km
Shuswap SDA(Independent)Elementary/Middle10.7 km
North Canoe ElementaryElementary11.3 km
Sorrento ElementaryElementary11.6 km
Salmon Arm SecondarySecondary13.3 km
Bastion ElementaryElementary13.4 km
J.L. Jackson SecondarySecondary13.7 km
Salmon Arm West ElementaryElementary13.9 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% ($18,750) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$300,000.00
Periodic payment — Principal & Interest (monthly)$1,935.50
Additional monthly expenses (strata, tax, utilities, etc.)$0.00
Total monthly cost$1,935.50
Interest paid over 5-yr term$85,980.86
Balance at end of term$269,850.97

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$18,750
Stress test qualifying rate8.09%
Payment you must qualify for$2,739.44

Cash Needed at Closing

Minimum down payment$18,750
Estimated BC PTT$5,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$25,750

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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