Lee Creek · V0E1M5
$1,131/mo
Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
Schedule private showing
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Investor alert! Perched on a premium, south-facing, water view lot in the heart of Gateway Lakeview Resort in Lee Creek, this unfinished, 2008 built, 3-level cottage with huge basement-level tandem garage, could be the perfect opportunity to pick up some huge equity! This home is at lock-up stage with electrical & plumbing already roughed in and insulation in the walls, a solid start to a cozy cottage! Come and take a look at this diamond in the rough to see if it fits your ability to complete the project. Your gain in equity could far outweigh the effort that you put in. This gated community is open year-round, allowing all to enjoy a myriad of year-round recreational activities in all four seasons. Private Lake access features a large beach area with a daytime dock. Zoning allows for 182 days of usage per year. Rent this cottage out to easily recoup the monthly fee of $746.45 and then enjoy the rest of the time yourself. With every new property sold, the HOA fee will be reduced and that will be reflected in future annual budgets. Undivided Interest properties are typically an ‘all cash’ purchase but here, the Seller will lend any qualified buyer a mortgage at competitive rates with a minimum 25% down payment! It does not get any better than this for the money! On top of that, the Buyer will receive a Buyer credit from the developer on closing in the amount of $4500 to combat 6 months of fees. Book your appointment to view, you must see it to believe it!
3
Beds
2008
Year built
Recreational
Type
North Shuswap
Area
Listed
November 21, 2025
Nearby & Commute
1h 38m
walk to Scotch Creek Market
1h 45m
bike to Orient Chair Top Station
5h 49m
walk to Orient Chair Top Station
12h 29m
drive to downtown Vancouver
Estimated travel times. Map data © OpenStreetMap contributors.
Most listed
Other · 49%
| Other | 29 | 49.2% |
| Detached | 12 | 20.3% |
| Land | 12 | 20.3% |
| Mobile home | 6 | 10.2% |
| Under $5,000 | 5 | 1.4% |
| $5,000 to $9,999 | 5 | 1.4% |
| $10,000 to $14,999 | 5 | 1.4% |
| $15,000 to $19,999 | 20 | 5.4% |
| $20,000 to $24,999 | 25 | 6.8% |
| $25,000 to $29,999 | 15 | 4.1% |
| $30,000 to $34,999 | 15 | 4.1% |
| $35,000 to $39,999 | 20 | 5.4% |
| $40,000 to $44,999 | 15 | 4.1% |
| $45,000 to $49,999 | 20 | 5.4% |
| $50,000 to $59,999 | 40 | 10.8% |
| $60,000 to $69,999 | 20 | 5.4% |
| $70,000 to $79,999 | 20 | 5.4% |
| $80,000 to $89,999 | 20 | 5.4% |
| $90,000 to $99,999 | 25 | 6.8% |
| $100,000 to $124,999 | 30 | 8.1% |
| $125,000 to $149,999 | 25 | 6.8% |
| $150,000 to $199,999 | 25 | 6.8% |
| $200,000 and over | 20 | 5.4% |
A clearer view of the monthly and upfront costs connected to this home.
Monthly ownership costs
Estimated monthly total
Calculated estimate
$1,131
Principal and interest
Calculated estimate
$923
Property tax
Calculated estimate
$58/mo
Home insurance
Assumption
$150/mo
Purchase snapshot
List price
Listing data
$199,500
Down payment
Calculated estimate
$39,900 (20%)
Estimated mortgage
Calculated estimate
$159,600
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
$1,131
/mo
Rate
%
Amortization
Principal and interest
$923
Property tax (est.)
$58
P&I
Tax
Down payment
$39,900 (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 $39,900 down (20%) on $199,500, 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.
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.
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.
