118 Sumac Ridge Drive
Summerland · V0H1Z6
$6,782/mo

Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
Summerland · V0H1Z6
$6,782/mo

Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
Schedule private showing
Book now
Luxury lakeview home in the heart of the Okanagan! Showcasing stunning panoramic Lake Okanagan views, this fully updated 4-bedroom, 3-bathroom property offers the perfect blend of modern design and the coveted Okanagan lifestyle. Extensive high-quality updates inside and out make this a true turn-key home. Features include light oak hardwood flooring, a beautifully updated kitchen, and spa-inspired bathrooms with premium finishes. The bright open-concept layout is ideal for entertaining while maximizing natural light and lake views. Outdoor living is just as impressive with low-maintenance composite decking, a private hot tub, and professionally landscaped grounds with automatic irrigation—perfect for enjoying Okanagan summers. An oversized heated double garage adds exceptional storage and workspace. Ideally located near top-rated golf courses, award-winning wineries, beaches, and outdoor recreation, this property is a rare opportunity in Okanagan real estate. Experience lakeview living at its finest in this quiet, sought-after neighborhood. A must to view!
4
Beds
2,541 ft²
Floor area
1990
Year built
Single Family
Type
Main Town
Area
Listed
April 30, 2026
$1,400,000 is 35.7% above the Lower Mainland Composite HPI benchmark of $1,031,500 (2026-04-01).
Nearby & Commute
32 min
walk to Nesters Market
26 min
bike to Prairie Valley Station
1h 27m
walk to Prairie Valley Station
10h 3m
drive to downtown Vancouver
Estimated travel times. Map data © OpenStreetMap contributors.
Most listed
Detached · 31%
| Detached | 33 | 31.4% |
| Condo / Apartment | 23 | 21.9% |
| Land | 15 | 14.3% |
| Townhouse | 14 | 13.3% |
| Duplex | 10 | 9.5% |
| Other | 10 | 9.5% |
| $20,000 to $24,999 | 20 | 6.6% |
| $25,000 to $29,999 | 5 | 1.6% |
| $30,000 to $34,999 | 15 | 4.9% |
| $35,000 to $39,999 | 15 | 4.9% |
| $40,000 to $44,999 | 10 | 3.3% |
| $45,000 to $49,999 | 15 | 4.9% |
| $50,000 to $59,999 | 30 | 9.8% |
| $60,000 to $69,999 | 35 | 11.5% |
| $70,000 to $79,999 | 15 | 4.9% |
| $80,000 to $89,999 | 15 | 4.9% |
| $90,000 to $99,999 | 20 | 6.6% |
| $100,000 to $124,999 | 35 | 11.5% |
| $125,000 to $149,999 | 20 | 6.6% |
| $150,000 to $199,999 | 20 | 6.6% |
| $200,000 and over | 35 | 11.5% |
Pick the records that matter for this property. Relta inquires with the listing agent and strata on your behalf, then tells you what came back. Some documents cannot always be obtained.
Request the due-diligence package
Relta requests these from the listing agent and strata and follows up with what is available. Availability is not guaranteed. Review any documents with the appropriate professionals.
A clearer view of the monthly and upfront costs connected to this home.
Monthly ownership costs
Estimated monthly total
Calculated estimate
$6,782
Principal and interest
Calculated estimate
$6,240
Property tax
Calculated estimate
$392/mo
Home insurance
Assumption
$150/mo
Purchase snapshot
List price
Listing data
$1,349,000
Down payment
Calculated estimate
$269,800 (20%)
Estimated mortgage
Calculated estimate
$1,079,200
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
$6,782
/mo
Rate
%
Amortization
Principal and interest
$6,240
Property tax (est.)
$392
P&I
Tax
Down payment
$269,800 (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 $269,800 down (20%) on $1,349,000, 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.
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.
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.
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.