Summerland · V0H1Z1
$952/mo
Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
Schedule private showing
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Don't miss this unique opportunity! First time offered for sale by the original owner, this fantastic corner unit studio suite in the esteemed Summerland Waterfront Resort is the perfect landing pad for your Okanagan vacation plans! You'll be amazed at how the intuitive floor plan makes excellent use of the space and opens on to the expansive deck which adds room for entertaining and enjoying the view. Current rules state that owners can occupy the suite for up to 180 days per year with a maximum stay of 90 days per reservation. Summerland Waterfront is known for its attractive amenities including outdoor swimming pool, patio, gym and sauna along with delicious dining at Shaughnessy's Cove and the on-site bistro, and renowned Ikaya Day Spa. Truly a turn-key option, this property is not to be missed!
1
Beds
378 ft²
Floor area
2005
Year built
Recreational
Type
Lower Town
Area
Listed
March 20, 2026
$162,500 is 75.1% below the Lower Mainland Apartment HPI benchmark of $652,200 (2026-04-01).
Nearby & Commute
15 min
walk to IGA
28 min
bike to Prairie Valley Station
1h 33m
walk to Prairie Valley Station
10h 7m
drive to downtown Vancouver
Estimated travel times. Map data © OpenStreetMap contributors.
Most listed
Detached · 38%
| Detached | 47 | 38.2% |
| Condo / Apartment | 23 | 18.7% |
| Land | 14 | 11.4% |
| Townhouse | 14 | 11.4% |
| Duplex | 13 | 10.6% |
| Other | 12 | 9.8% |
| $25,000 to $29,999 | 10 | 4.0% |
| $30,000 to $34,999 | 5 | 2.0% |
| $35,000 to $39,999 | 15 | 6.0% |
| $40,000 to $44,999 | 5 | 2.0% |
| $45,000 to $49,999 | 10 | 4.0% |
| $50,000 to $59,999 | 25 | 10.0% |
| $60,000 to $69,999 | 10 | 4.0% |
| $70,000 to $79,999 | 25 | 10.0% |
| $80,000 to $89,999 | 15 | 6.0% |
| $90,000 to $99,999 | 25 | 10.0% |
| $100,000 to $124,999 | 35 | 14.0% |
| $125,000 to $149,999 | 25 | 10.0% |
| $150,000 to $199,999 | 30 | 12.0% |
| $200,000 and over | 15 | 6.0% |
A clearer view of the monthly and upfront costs connected to this home.
Monthly ownership costs
Estimated monthly total
Calculated estimate
$952
Principal and interest
Calculated estimate
$752
Property tax
Calculated estimate
$50/mo
Home insurance
Assumption
$150/mo
Purchase snapshot
List price
Listing data
$162,500
Down payment
Calculated estimate
$32,500 (20%)
Estimated mortgage
Calculated estimate
$130,000
Estimates update with the mortgage controls below. They do not include utilities, maintenance, legal fees, or other closing costs.
Mortgage estimate
Metro averages
Est. monthly total
$952
/mo
Rate
%
Amortization
Principal and interest
$752
Property tax (est.)
$50
P&I
Tax
Down payment
$32,500 (20%)
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Jessica specialises in residential financing across Greater Vancouver, helping buyers secure competitive rates and navigate complex purchases with clarity.
Jessica Kuan
Licensed Mortgage Broker
This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $32,500 down (20%) on $162,500, Canadian semi-annual compounding. Property tax estimated at Greater Vancouver metro average. No strata fee on record for this listing. Home insurance, land transfer tax, and closing costs are not included. Consult a licensed mortgage professional for personalised advice. Mortgage professionals featured here are independent licensed brokers. Ray Rasouli may receive a referral fee if you choose to work with one. You are under no obligation to use any recommended provider. Full disclosure.
At 4.3996 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.
Variable mortgages are quoted against this.
Fixed mortgage pricing follows this.
Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
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.
