Property Type: Land / LotOwnership: Freehold

Ridge Road Lot# Lot C

Eagle Bay, BC V0E1T0

$219,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
1.01 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$504

Interior

Fireplace
None

Restrictions & Policies

Rentals
Allowed

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

Listing Information

MLS®
10388095
Listed
May 20, 2026
Time on market
On the market for 103 days
Data last synced
August 28, 2026

Listing provided by: Century 21 Lakeside Realty Ltd · Data source: CREA DDF.

Description

This spacious 1.01 acre North West facing lot slopes from back to front offering the potential for a lake view depending on how high up you build, and with the lot across the road recently selling hopefully when they build they will clear out some more trees, improving the views. There is a hookup available at the lot line to the community water system and a power pole next door. From this location you are a short drive down to Shannon Beach on the Shuswap Lake, or drive up to Helmut Lake for a relaxing afternoon by the water. Just up at the end of Ivy Road you have direct access to trails, lake, and crown land for hiking, quadding, and snowmobiling, you can basically leave right from your driveway. Property is zoned RR1 and there are no building restrictions on this lot allowing for a manufactured home if wanted. Septic permit is required and is not available for permanent RV use. It boarders a large 157 acre property offering additional privacy. You will recognize the property when hit the end of the pavement and see the old non-inhabitable log cabin. (id:63159)

Location Insights

Weather

Nearest station: Salmon Arm

13°C

Humidity 91%

Wind S 2 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
North Shuswap ElementaryElementary/Middle11.6 km
Carlin Elementary MiddleElementary/Middle15.0 km
Eagle River SecondaryK-1217.8 km
Parkview Elementary SchoolElementary18.3 km
North Canoe ElementaryElementary20.4 km
Sorrento ElementaryElementary20.9 km
Shuswap SDA(Independent)Elementary/Middle21.0 km
Salmon Arm SecondarySecondary24.4 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% ($10,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$175,200.00
Periodic payment — Principal & Interest (monthly)$1,130.33
Additional monthly expenses (strata, tax, utilities, etc.)$42.00
Total monthly cost$1,172.33
Interest paid over 5-yr term$50,212.82
Balance at end of term$157,592.97

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$10,950
Stress test qualifying rate8.09%
Payment you must qualify for$1,599.83

Cash Needed at Closing

Minimum down payment$10,950
Estimated BC PTT$2,380
Legal / closing costs (typical estimate)$1,500
Total cash needed$14,830

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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