About this home

Rare Opportunity! 49-year periodic Crown lease lot for sale on Little Shuswap Lake reserve land. The pre-existing cottage was lost in the Bush Creek fire and the owners have decided to let it go. 29 years remain of a 49-year periodic lease. The lot has been approved so that a building permit can be submitted; environmental done, required Archaeological Impact Assessment preparation has been complete. There may be a cost associated with attaining the AIA report from the band when the building has been finalized on the lot. Annual lease fee is $15,052. The next rent review will be in 2029 for a 2030 start. This parcel is one of the nicest lots on Little Shuswap lake, wow! Almost a football field in size, this gem has all the room you are ever going to need. With Southern exposure for maximum sun plus a small pebble beach with medium deep water, this baby meets all the important requirements when considering your parcel of land on the Shuswap. From here you'll have direct access to all that the Shuswap has to offer including world class boating, hiking, biking, wining & dining at Jack Sam's Restaurant and golfing at Talking Rock golf course. Please note that this must be an all-cash purchase seeing as periodic lease properties are not CMHC approved. Any potential buyer must know that they must build on this lot within an acceptable amount of time, 2 years maybe, and the buyer will be responsible for paying the costs associated with rebuilding. Come and see this baby today!

Home facts

Property type: Vacant Land
Area: Chase
Listed: March 4, 2026
Structure: Other
PID: 902-008-609
Common interest: Leasehold

Highlights

Mountain view
Golf course

Rooms and building

Water: None
Utilities: Electricity, Cable, Telephone

Listed by Riley & Associates Realty Ltd. Last updated Apr 25, 2026, 1:40 PM.

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: $472
Property tax: $25/mo
Home insurance: $150/mo
Estimated monthly total: $647

Purchase snapshot

List price: $99,500
Down payment: $19,900 (20%)
Estimated mortgage: $79,600

Estimates only. They leave out utilities, upkeep and closing costs.

Stress test this mortgage

Neighbourhood

Open the map

Walk to Peoples Drug Mart1h 51m

Bike to Orient Chair Top Station1h 17m

Walk to Orient Chair Top Station4h 16m

Drive to downtown Vancouver12h 12m

Estimated travel times. Map data © OpenStreetMap contributors.

Most listed

Other · 28%

Homes for sale nearby, by type

Other27 for sale

Detached24 for sale

Land22 for sale

Mobile home15 for sale

Townhouse4 for sale

Other3 for sale

Active listings within 8 km of this home.

Homes built in Quaaout 1, by type

Single-detached64.0% · 80

Row house32.0% · 40

Other single-attached4.0% · 5

Source: Statistics Canada, 2021 Census of Population. 125 dwellings.

Who lives here

Statistics Canada area 59390135 · Quaaout 1

Median age: 45
Renter households: 27%
Average household size: 2.3
Median household income: $72,000

Population (2021): 284
Median rent: $0
Owner shelter cost: $0
Owner households: 50%
Households with kids: 28%
Immigrants: 4%
Post-secondary: 43%
Average home value (2021): $0

Breakdown

$15,000 to $19,9999.1% · 10

$20,000 to $24,9994.5% · 5

$25,000 to $29,9994.5% · 5

$30,000 to $34,9994.5% · 5

$35,000 to $39,9999.1% · 10

$45,000 to $49,9994.5% · 5

$50,000 to $59,9999.1% · 10

$60,000 to $69,9994.5% · 5

$70,000 to $79,99918.2% · 20

$80,000 to $89,9999.1% · 10

$100,000 to $124,9999.1% · 10

$125,000 to $149,9999.1% · 10

$200,000 and over4.5% · 5

Source: Statistics Canada, 2021 Census Profile, dissemination area 59390135.

Documents

Pick the records you want. Ray Rasouli will email what the listing brokerage shares.

Property disclosure statementReview seller-disclosed conditions and known defects.
Title searchReview registered ownership, charges, easements, and covenants.
Inspection reportsReview available property-condition findings.
Leasehold agreementReview the remaining term, ground rent, renewal, and assignment rules.
Ground rent and fee scheduleReview current and future leasehold carrying costs.
Zoning and land-use recordsReview permitted uses and development constraints.
Survey or site planReview boundaries, structures, and encroachments.
Well and water-quality recordsReview water source, testing, and maintenance information.
Septic recordsReview system permits, servicing, and condition information.

Availability is not guaranteed. Review documents with a professional.

1387 Little Shuswap Lake Road