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$575,000

7524 THOMAS POINT ROAD

Lone Butte · MLS® R3164690

3 bed · 3 bath · 3,080 sq ft · 5 sq ft lot

House · Single Family · built 1990 · 25 days on market

Listed by Lyle Hatto, eXp Realty (100 Mile)

Realtor's description

Sheridan Lake Waterfront Access! Enjoy the open-concept kitchen and living area while looking out towards Sheridan Lake. This 3-bedroom, 3-bathroom home is perfectly suited for an automotive business or hobbies with a large garage/shop and Telus Fibre Optic internet! Enjoy European charm with modern updates to the home, with an updated kitchen, bathroom, flooring and more. Keep the costs down with wood heat from either the wood stove or wood furnace and have a backup with propane if needed. A short walk down a lovely shared trail you will find the shores of Sheridan Lake with access shared with only a couple of neighbours in this quiet little cove. Fishing, watersports, hunting and more are all right at your fingertips.

Property details

Type: House, Single Family
Bedrooms: 3
Bathrooms: 3
Living area: 3,080 sq ft
Lot: 5 sq ft
Parking: 0
Year built: 1990
Property tax: $3,922 / yr
Days on market: 25
MLS®: R3164690

Features

Refrigerator
Dishwasher
Stove

Price check

2026 assessment: $615,000 · asking is -6.5%
Price per sq ft: $187 vs $329 median for houses in Lone Butte for sale (20)

An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.

Property insights

On market 25 days

The market here

Listed now: 137 days; median for 20 houses for sale; this one 25 days

Houses in Lone Butte. Sale prices register 1 to 3 months after a sale closes.

Monthly cost

$2,832/mo

Mortgage $2,505 · Tax $327

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

estimated payment

$2,505/ monthly

loan $460,000

25-year amortization

down payment20% · $115,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 7, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $291,566
property transfer tax: $9,500; BC general rate
cash to close: $124,500; down + PTT
total paid: $751,566

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.