Property Type: Land / LotOwnership: Freehold

Sunnybrae-Canoe Point Road Unit# 2

Tappen, BC V0E2X1

$1,500,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
4.94 acres

Ownership & Fees

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

Interior

Fireplace
None

Exterior & Lot

View
Lake view, Mountain view, View of water, View (panoramic)

Listing Information

MLS®
10393542
Listed
July 3, 2026
Time on market
On the market for 59 days
Data last synced
August 28, 2026

Listing provided by: Sotheby's International Realty Canada · Data source: CREA DDF.

Description

Discover an exceptional opportunity to own two hectares (4.94 acres) of prime waterfront property overlooking the breathtaking waters of Shuswap Lake. Offering a rare combination of expansive acreage, shoreline, and endless development potential, this is the ideal setting to create a one-of-a-kind lakeside estate. The property's unique configuration provides the best of both worlds. On the lakeside of the access road, enjoy more than 100 feet of waterfront, with the opportunity to install a private dock for effortless days spent boating, swimming, fishing, and paddleboarding. Across the road, the expansive upper portion of the property offers a spectacular building site with ample room for a custom luxury residence, guest house, detached shop, gardens, recreational amenities, or simply the privacy that only acreage can provide. Surrounded by the natural beauty of the Shuswap, you'll enjoy easy access to championship golf courses, full-service marinas, wineries, hiking and mountain biking trails, and year-round recreation. Nearby Herald Provincial Park offers sandy beaches, a public boat launch, camping, and the picturesque Margaret Falls trail, while the communities of Sorrento, Blind Bay, Salmon Arm, and Chase provide shopping, restaurants, healthcare, and everyday conveniences. Whether you're envisioning a luxurious waterfront home, a family legacy property, or a private retreat immersed in nature, this remarkable acreage offers an increasingly rare opportunity to own one of the Shuswap's most desirable waterfront parcels. (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
North Canoe ElementaryElementary6.5 km
Shuswap SDA(Independent)Elementary/Middle7.6 km
Carlin Elementary MiddleElementary/Middle9.6 km
Salmon Arm SecondarySecondary10.7 km
Bastion ElementaryElementary11.1 km
South Broadview ElementaryElementary11.5 km
King's Christian School(Independent)K-1211.7 km
South CanoeElementary/Middle12.1 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: 20.0% ($300,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,200,000.00
Periodic payment — Principal & Interest (monthly)$7,741.99
Additional monthly expenses (strata, tax, utilities, etc.)$0.00
Total monthly cost$7,741.99
Interest paid over 5-yr term$343,923.45
Balance at end of term$1,079,403.88

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$300,000
Stress test qualifying rate8.09%
Payment you must qualify for$9,227.58

Cash Needed at Closing

Minimum down payment$300,000
Estimated BC PTT$28,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$329,500

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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