Property Type: Land / LotOwnership: Freehold

Squally Point N Rural Point

Naramata, BC V0H1N1

$1,075,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
8.73 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$2,320.24

Interior

Fireplace
None

Exterior & Lot

Waterfront
Waterfront on lake

Listing Information

MLS®
10386317
Listed
May 6, 2026
Time on market
On the market for 117 days
Data last synced
August 28, 2026

Listing provided by: NAI Commercial Okanagan Ltd. · Data source: CREA DDF.

Description

""Scroggin’s Bay” sits roughly half way between Rattlesnake Island and Squally Point along Okanagan Lake’s eastern shoreline opposite Peachland, BC. Named for the original settler, the 12 “Scroggin’s Bay” lots were created nearly 50 years ago as boat access, unserviced waterfront recreation lots. Since the time of original lot registration, BC Parks has repurchased over half of the original dozen lots to include as part of Okanagan Mtn Park, only 5 of the original dozen lots are still privately owned (3 by a single owner) and now Lot number 5 is available for the first time in 15 years. Lot #5 features the largest land area of all the lots at 8.727 acres and the furthest promination into Okanagan Lake. (id:63159)

Location Insights

Weather

Nearest station: Summerland

16°C

Humidity 59%

Wind W 8 km/h

Tonight

12°

Tuesday

27°

Tuesday night

15°

Wednesday

24°

Wednesday night

13°

Thursday

19°

Source: Environment and Climate Change Canada.

Nearby Schools

SchoolTypeDistance
Peachland ElementaryElementary6.3 km
Webber Road ElementaryElementary12.4 km
Glenrosa Middle SchoolMiddle12.5 km
Our Lady of Lourdes(Independent)Elementary/Middle12.7 km
Glenrosa ElementaryElementary13.1 km
Helen Gorman ElementaryElementary13.5 km
Summerland SecondaryK-1214.5 km
Summerland Montessori School(Independent)Elementary15.0 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-Skaha (SD67)

Mortgage & Ownership Cost Calculator

Minimum required: 7.7% ($82,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$860,000.00
Periodic payment — Principal & Interest (monthly)$5,548.43
Additional monthly expenses (strata, tax, utilities, etc.)$193.35
Total monthly cost$5,741.78
Interest paid over 5-yr term$246,478.47
Balance at end of term$773,572.78

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$82,500
Stress test qualifying rate8.09%
Payment you must qualify for$7,631.98

Cash Needed at Closing

Minimum down payment$82,500
Estimated BC PTT$19,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$103,500

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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