Lot 18 Lakeview Drive

Blind Bay · MLS® 10399197

0.25 acres lot · Land · Vacant Land · 49 days on market

listed by Leanna Lutz, Coldwell Banker Executives Realty

realtor's description

Discover the possibilities with this 0.25-acre building lot in the established Cedar Heights subdivision. Surrounded by mature trees and the natural beauty of the Shuswap, this property offers the opportunity to thoughtfully design your homesite while choosing which trees to retain for added privacy, shade and character. The property's terrain provides plenty of potential for a creative build and, with the right planning and development, the possibility of opening up beautiful views toward Shuswap Lake. Utilities are available at the lot line, with a septic system and permit required for development. Even more possibilities await with the neighbouring lot also available for purchase. Secure both to create a larger property with additional space and flexibility, or team up with family or friends and build side-by-side. Shuswap Lake and a public beach are just minutes away, with shopping, golf, marina, restaurants and other amenities all within a short drive. Bring your plans, your ideas and your vision to this naturally treed property and create a home or getaway designed around the setting.

property details

type: Land, Vacant Land
lot: 0.25 acres
parking: 0
property tax: $719 / yr
days on market: 49
MLS®: 10399197

the market here

listed now: 138 days; median for 39 homes for sale; this one 49 days

Homes in Blind Bay. Sale prices register 1 to 3 months after a sale closes.

monthly cost

$800/mo

Mortgage $740 · Tax $60

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

estimated payment

$740/ monthly

loan $135,920

25-year amortization

down payment20% · $33,98020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 28, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $86,151
property transfer tax: $1,699; BC general rate
cash to close: $35,679; down + PTT
total paid: $222,071

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.

location

lot outline: 1,102 m² (11,862 sq ft) · PID 006-775-748. from ParcelMap BC; property lines are approximate, a survey is the legal boundary.

Blind BayGoogle Maps ↗

good to know

Wildfire
The BC Wildfire Service rates Sorrento's wildland urban interface as risk class 1 of 5 (the highest class). One wildfire of 10 hectares or more burned within 5 km since 2006: 2023 (45.7k ha). Some insurers price for wildfire, and FireSmart BC has a free home assessment guide.
Source: BC Wildfire Service, WUI risk class and fire perimeters

From public government maps, matched to the listing's map pin. Maps can be out of date or miss a lot line; confirm with the municipality.

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