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1419 Little Shuswap Lake Road
Chase · Vacant Land
Listed by Riley & Associates Realty Ltd. · MLS® 10382505
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Rare Opportunity! 75-year prepaid Crown lease lot for sale on Little Shuswap Lake reserve land. The pre-existing cottage was lost in the Bush Creek fire a couple years back and after 20 years of enjoyment, the owners have decided to let it go so that a young family will have their dreams of living on the waterfront become a reality. 54 years remain of a solid 75-year lease. The .63-acre lot is CMHC approved so financing is not a challenge. It’s important to note that there are zero rent payments associated with this property, saving serious money over time. Enjoy 100' of prime water frontage with a sandy beach, dock, buoy(s), and bright sunny exposure. Cool down in the refreshing water of Little Shuswap Lake during those 35-degree plus days. These prepaid leases rarely come available, so you best take a close look at this one! From here you'll have direct access to 4-season action; world class boating, biking, hiking, golfing at Talking Rock & dining in Jack Sam's restaurant, simply epic. With a history of leasehold waterfront properties in the area, having offered multiple leases over time, there's a strong precedent already set that indicates the likelihood of securing a new lease or an extension to the current lease, when the time comes. With that said, this is not a guarantee. Be sure to gather more information, see more pictures, and watch a compelling aerial drone video before booking your appointment to view this one, you will not be disappointed!
Home facts
- Property type
- Vacant Land
- Area
- Chase
- Listed
- April 10, 2026
- Structure
- Other
- PID
- 902-008-611
- Common interest
- Leasehold
Highlights
- Mountain view
- Waterfront
Features and inclusions
- Lot
- Private setting
Rooms and building
- Sewer
- No sewage system
- Water
- None
- Utilities
- Water, Electricity, Cable, Telephone
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
- $1,657
- Property tax
- $100/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $1,907
Purchase snapshot
- List price
- $349,500
- Down payment
- $69,900 (20%)
- Estimated mortgage
- $279,600
Estimates only. They leave out utilities, upkeep and closing costs.
Borrowing costs
What money costs right now
The rates behind any payment estimate on this page.
- 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
Property tax
What the tax bill looks like
Municipal, regional, hospital and school rates combined.
- Estimated annual tax
- $2,240
- At 6.4088 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
Neighbourhood
Estimated travel times. Map data © OpenStreetMap contributors.
Land and hazards
What the maps say about this land
Provincial designations and mapped natural hazards at this location.
- Wildfire interface
- Extreme risk
- 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.
Source: BC Geographic Warehouse (Agricultural Land Commission, BC Wildfire Service)
Most listed
Other · 30%
Who lives here
Documents
Pick the records you want. Ray Rasouli will email what the listing brokerage shares.
Availability is not guaranteed. Review documents with a professional.