54 350 Pearkes Drive

1 / 15

$329,000

54 350 Pearkes Drive

Williams Lake · MLS® R3173909

1,630 sq ft · Townhouse · Single Family · built 1997 · 15 days on market

listed by Linda Jorgensen, eXp Realty (100 Mile)

realtor's description

Enjoy the ease of low-maintenance living in this well-kept 3-bedroom, 1.5-bathroom basement-entry townhome in a well-managed strata complex. The functional layout offers comfortable everyday living, with the kitchen opening directly onto your private patio and shared green space—perfect for relaxing or entertaining. A single garage and unfinished basement provide excellent storage and room for all your extras. Many important updates have been completed within the past two years, including a new fridge, stove, washer, dryer, furnace, hot water tank, and water treatment system. Step out the back door and enjoy miles of outdoor hiking and biking trails right nearby. An excellent opportunity for first-time buyers, downsizers, or anyone looking for comfortable, simplified living.

property details

type: Townhouse, Single Family
bedrooms: 3
bathrooms: 2
living area: 1,630 sq ft
parking: 0
year built: 1997
property tax: $3,077 / yr
days on market: 15
MLS®: R3173909

features

Washer
Refrigerator
Dishwasher
Stove
Dryer

the market here

listed now: 34 days; median for 8 townhouses for sale; this one 15 days

Townhouses in Williams Lake. Sale prices register 1 to 3 months after a sale closes.

property tax by year

year	assessed	est. tax
2026	$306,000	$2,869
2025	$301,000	$2,804

Estimated tax up 2.3% from 2025 to 2026.

The listing shows $3,077 a year in property tax.

Estimate: the BC Assessment value times Williams Lake's residential tax rate for that year (Province of BC, local government statistics). Leaves out the home owner grant, parcel taxes and utility charges; the city's tax notice is the real figure.

monthly cost

$1,690/mo

Mortgage $1,433 · Tax $256

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$1,433/ monthly

loan $263,200

25-year amortization

down payment20% · $65,80020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 25, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $166,826
property transfer tax: $4,580; BC general rate
cash to close: $70,380; down + PTT
total paid: $430,026

first-time buyernewly built

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer. Transfer tax: 1% to $200k, 2% to $2M, 3% to $3M, 5% above. First-time buyers pay nothing on the first $500k for homes up to $835k (phasing out by $860k); newly built homes are exempt up to $1.1M (phasing out by $1.15M). Both need Canadian citizenship or permanent residence and other conditions; the 20% foreign buyer tax applies in Metro Vancouver, the Fraser Valley, the Capital Region, Central Okanagan and Nanaimo.

if you rented it out

rent: $2,230/mo
after all costs: $187/mo
cap rate: 5.9%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $1,433 · tax $256 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 3+ bedroom in Williams Lake: CMHC's average there ($1,906) raised by what new tenants pay against everyone in the Kamloops area, then up 5.1% with Kamloops's asking rents, 2025 Q4 → 2026 Q2. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant); trend: Statistics Canada.) Houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.

BC rules for landlords

Short-term rentals are limited to the host's principal residence in most communities. gov.bc.ca
Rent increases are capped once a year at the province's set amount. gov.bc.ca
The speculation and vacancy tax applies in many areas to homes not lived in or rented out. gov.bc.ca
Selling within two years of buying can trigger the BC home flipping tax. gov.bc.ca