- Active
10114 Newene Road
Lake Country · Single Family
- Beds
- 3
- Baths
- 2
- Sqft
- 2,636
- Built
- 1974
Listed by Vantage West Realty Inc. · MLS® 10401679
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Sign inAbout this home
Opportunity meets long term potential in the heart of Lake Country with this rare 0.60 acre property, strategically positioned within an evolving commercial corridor & zoned C1 Town Centre Commercial. Located directly across from a newly approved commercial development featuring four commercial buildings, with a grocery store anticipated as the primary anchor tenant, this property is well positioned to benefit from the continued growth of the surrounding area. The C1 zoning offers a diverse range of commercial & mixed use possibilities, including retail, professional offices, restaurants, cafes, medical services, personal services & residential uses above commercial space. With Lake Country continuing to grow, properties offering this combination of size, location & zoning flexibility are increasingly difficult to find. The property features a 3 bed plus den, 2 bath rancher with a basement, positioned toward one side of the lot to provide flexibility for future site planning. A detached shop, ample parking & RV access add to the property's functionality in the meantime. Bordering ALR lands yet close to existing & future amenities, this is a compelling opportunity to secure a strategically located property in one of Lake Country's emerging commercial hubs. Hold as a long-term investment, operate a business, explore redevelopment, or create a live/work opportunity with a rare combination of current utility, strategic positioning & future potential.
Home facts
- Bedrooms
- 3
- Bathrooms
- 2 full
- Interior
- 2,636 sq ft
- Year built
- 1974
- Storey
- 1
- Parking
- 8
- Property type
- Single Family
- Basement
- Full
- Area
- Lake Country South West
- Style
- Ranch
- Listed
- September 24, 2026
- Structure
- House
- PID
- 005-272-050
- Common interest
- Freehold
Highlights
- Mountain view
- City view
Features and inclusions
- Heating
- See remarks
- Parking
- RV, Additional Parking
Rooms and building
- Sewer
- Septic tank
- Water
- Municipal water
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
Monthly and upfront costs
Uses the posted 5-year rate (5.19%), 20% down and a 25-year amortization.
Monthly ownership costs
- Principal and interest
- $3,787
- Property tax
- $233/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $4,170
Purchase snapshot
- List price
- $799,000
- Down payment
- $159,800 (20%)
- Estimated mortgage
- $639,200
Estimates only. They leave out utilities, upkeep and closing costs.
Borrowing costs
What money costs right now
The rates behind any payment estimate on this page.
- Prime rate
- 4.45%
- Variable mortgages are quoted against this.
- 5 year bond yield
- 3.68%
- Fixed mortgage pricing follows this.
- Policy rate
- 2.25%
- Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
Source: Bank of Canada. As of 2026-09-29
Property tax
What the tax bill looks like
Municipal, regional, hospital and school rates combined.
- Estimated annual tax
- $4,069
- At 5.0928 per $1,000 of assessed value.
Estimated by applying the municipal rate to the asking price. Your actual bill is based on the BC Assessment value, which is set separately and usually differs from the sale price. Home owner grants are not included.
Source: Province of British Columbia, Local Government Statistics Schedule 702, 2026. As of 2026-01-01
For investors
As a rental
- Estimated rent
- $1,133 a month
- Gross yield
- 1.7%
Estimated rent from Statistics Canada rents for this area, scaled to the bedrooms. Gross yield is 12 months of that rent over the asking price, before costs.
Neighbourhood
Estimated travel times. Map data © OpenStreetMap contributors.
Land and hazards
What the maps say about this land
Provincial designations and mapped natural hazards at this location.
- Wildfire interface
- Extreme risk
- In a mapped wildland-urban interface zone. Affects insurance and FireSmart requirements.
Based on where this point falls in provincial map layers, not a site survey or a formal hazard assessment. Confirm with the municipality, a professional, and your insurer before relying on it.
Source: BC Geographic Warehouse (Agricultural Land Commission, BC Wildfire Service)
Most listed
Detached · 28%
Who lives here
Documents
Pick the records you want. Ray Rasouli will email what the listing brokerage shares.
Availability is not guaranteed. Review documents with a professional.