Summerland · V0H1Z1
$4,079/mo
Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
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A rare and exciting opportunity to acquire two lots in the highly sought-after Lower Summerland area—directly across from Okanagan Lake and a municipal beach park, and just a short walk to the Summerland Waterfront Resort and Hotel. This prime, level property with additional access off an alley offers a range of development options, with zoning in place to accommodate one or two single-family homes, or a duplex, each with the option for a separate legal suite. Significant time and investment have already been made by the current owners to obtain zoning approvals and remove the previous home from the site. Conceptual renderings for 2 styles of duplexes are included in the listing photos, and a detailed information package is available upon request
Vacant Land
Type
Lower Town
Area
Listed
May 25, 2026
Nearby & Commute
18 min
walk to IGA
28 min
bike to Prairie Valley Station
1h 34m
walk to Prairie Valley Station
10h 7m
drive to downtown Vancouver
Estimated travel times. Map data © OpenStreetMap contributors.
Most listed
Detached · 38%
| Detached | 44 | 37.6% |
| Condo / Apartment | 23 | 19.7% |
| Townhouse | 14 | 12.0% |
| Land | 13 | 11.1% |
| Duplex | 12 | 10.3% |
| Other | 11 | 9.4% |
| $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% |
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.
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A clearer view of the monthly and upfront costs connected to this home.
Monthly ownership costs
Estimated monthly total
Calculated estimate
$4,079
Principal and interest
Calculated estimate
$3,696
Property tax
Calculated estimate
$233/mo
Home insurance
Assumption
$150/mo
Purchase snapshot
List price
Listing data
$799,000
Down payment
Calculated estimate
$159,800 (20%)
Estimated mortgage
Calculated estimate
$639,200
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
$4,079
/mo
Rate
%
Amortization
Principal and interest
$3,696
Property tax (est.)
$233
P&I
Tax
Down payment
$159,800 (20%)
Get Pre-Approved
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 $159,800 down (20%) on $799,000, 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.
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.
