Property Type: OtherOwnership: FreeholdNEW LISTING

Squilax-Anglemont Road Lot# 1

Magna Bay, BC V0E1M7

$399,900

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Property Details

Property & Lot

Sub-type
Other
Lot size
5.58 acres
Frontage
64 feet

Ownership & Fees

Property type
Other
Ownership
Freehold
Annual property tax
$1,266.57

Interior

Fireplace
None

Exterior & Lot

View
Mountain view
Lot features
Private setting

Building

Water source
None
Sewer
No sewage system
Parcel ID (PID)
003-997-901

Listing Information

MLS®
10399145
Listed
August 28, 2026
Time on market
On the market for 3 days
Data last synced
August 29, 2026

Listing provided by: Macdonald Realty (Surrey/152) · Data source: CREA DDF.

Description

5.5 Acres of opportunity in the heart of Magna Bay! Escape to the North Shuswap and discover the perfect blend of rural charm and outdoor adventure on this beautiful 5.5-acre ALR property in the heart of Magna Bay, BC. With stunning mountain views, paved road access, and a rectangular building lot, this exceptional parcel offers the ideal setting to build your dream home while embracing the hobby farm lifestyle you've always envisioned. Surrounded by nature yet conveniently located, you'll enjoy easy access to Ross Creek Park and the lake, the Ross Creek Store, Anglemont Marina, and the Anglemont Golf Course—all just minutes away. Outdoor enthusiasts will love the endless recreational opportunities nearby, including hiking, ATVing, dirt biking, snowmobiling, and more. Whether you're dreaming of a peaceful country retreat, a productive hobby farm, or a custom home surrounded by breathtaking scenery, this property offers the space, location, and lifestyle to make it a reality. Come experience everything Magna Bay has to offer and start building the life you've been dreaming of. (id:63159)

Values & Trends

This listing

Building average

No other active listings in this building

North Shuswap average

$528/sqft

19 active listing(s)

Parking: Not indicatedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

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
North Shuswap ElementaryElementary/Middle9.1 km
Carlin Elementary MiddleElementary/Middle16.8 km
Sorrento ElementaryElementary19.8 km
Eagle River SecondaryK-1222.0 km
Parkview Elementary SchoolElementary22.5 km
North Canoe ElementaryElementary23.8 km
Shuswap SDA(Independent)Elementary/Middle24.2 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% ($19,995) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$319,920.00
Periodic payment — Principal & Interest (monthly)$2,064.02
Additional monthly expenses (strata, tax, utilities, etc.)$105.55
Total monthly cost$2,169.56
Interest paid over 5-yr term$91,689.99
Balance at end of term$287,769.07

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$19,995
Stress test qualifying rate8.09%
Payment you must qualify for$2,921.34

Cash Needed at Closing

Minimum down payment$19,995
Estimated BC PTT$5,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$27,493

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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