About this home

Are you or your family looking for your own lake front property on Francois Lake? Perhaps a place to pitch a tent or hang out for a day? This recreational lease property is looking for its new owners, who will enjoy fishing, swimming, kayaking, ice-fishing and sledding. Just under one acre of treed land, that is relatively flat, with a gorgeous view of the surrounding lake and mountains, it has a short steep climb down to the beach and is only 30 minutes from town. On the property is a good-sized shed that can hold all of your recreational needs. The property is currently only accessible by water, but may be accessible by land by way of an agreement with the crown.

Home facts

Lot size: 0 sq ft
Property type: Vacant Land
Listed: May 5, 2026
PID: 800-186-116
Common interest: Leasehold

Highlights

Mountain view

Rooms and building

Water

Listed by Royal LePage Aspire Realty. Last updated Aug 28, 2026, 9:35 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: $116
Property tax: $8/mo
Home insurance: $150/mo
Estimated monthly total: $274

Purchase snapshot

List price: $24,500
Down payment: $4,900 (20%)
Estimated mortgage: $19,600

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

Stress test this mortgage

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

Estimated annual tax: $288; At 11.7445 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: $560 a month
Gross yield: 27.4%

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.

Rent vs mortgage at $560

Neighbourhood

Open the map

Walk to Buy-Low Foods15h 39m

Bike to Telkwa7h 54m

Walk to Telkwa26h 19m

Drive to downtown Vancouver22h 34m

Estimated travel times. Map data © OpenStreetMap contributors.

Most listed

Detached · 60%

Who lives here

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.

About this home