Spallumcheen · V0E1B5
$24,488/mo
Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
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An exceptional opportunity to acquire 160 acres of flat, highly usable agricultural land in the heart of Armstrong. This versatile property offers endless potential for a wide range of farming operations including hay production, greenhouses, cattle, or a dairy enterprise. The land is well-equipped with three wells, three hay sheds, and a substantial 48’ x 40’ shop featuring 200-amp service and two bay doors, ideal for equipment storage and year-round operations. A mature treed wind barrier enhances functionality and provides natural protection across the property. Strategically located on Otter Lake Cross Road, this property benefits from Armstrong’s strong agricultural community, known for its fertile soils, supportive farming network, and proximity to larger centres like Vernon and Salmon Arm. The area offers a balanced rural lifestyle with access to essential amenities, schools, and recreation, making it attractive for both established operators and those looking to expand. Seller is open to leasing back all or a portion of the land, providing flexibility and potential immediate income for investors. A rare offering with scale, infrastructure, and long-term upside in one of the Okanagan’s most desirable farming regions. There is a 3 bed 2 bath mobile home on the property as well for living accommodation.
3
Beds
1,344 ft²
Floor area
1994
Year built
Agriculture
Type
Armstrong/ Spall.
Area
Listed
August 17, 2026
Nearby & Commute
1h 13m
walk to Askew's Foods
4h 48m
bike to Orchard Park Exchange
15h 58m
walk to Orchard Park Exchange
12h 14m
drive to downtown Vancouver
Estimated travel times. Map data © OpenStreetMap contributors.
Most listed
Detached · 52%
| Detached | 25 | 52.1% |
| Land | 7 | 14.6% |
| Farm | 6 | 12.5% |
| Mobile home | 4 | 8.3% |
| Townhouse | 3 | 6.3% |
| Other | 3 | 6.3% |
| $15,000 to $19,999 | 5 | 2.2% |
| $20,000 to $24,999 | 10 | 4.3% |
| $25,000 to $29,999 | 10 | 4.3% |
| $30,000 to $34,999 | 5 | 2.2% |
| $35,000 to $39,999 | 15 | 6.5% |
| $40,000 to $44,999 | 5 | 2.2% |
| $45,000 to $49,999 | 20 | 8.7% |
| $50,000 to $59,999 | 15 | 6.5% |
| $60,000 to $69,999 | 20 | 8.7% |
| $70,000 to $79,999 | 15 | 6.5% |
| $80,000 to $89,999 | 5 | 2.2% |
| $90,000 to $99,999 | 20 | 8.7% |
| $100,000 to $124,999 | 35 | 15.2% |
| $125,000 to $149,999 | 20 | 8.7% |
| $150,000 to $199,999 | 15 | 6.5% |
| $200,000 and over | 15 | 6.5% |
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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
$24,488
Principal and interest
Calculated estimate
$22,896
Property tax
Calculated estimate
$1,442/mo
Home insurance
Assumption
$150/mo
Purchase snapshot
List price
Listing data
$4,950,000
Down payment
Calculated estimate
$990,000 (20%)
Estimated mortgage
Calculated estimate
$3,960,000
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
$24,488
/mo
Rate
%
Amortization
Principal and interest
$22,896
Property tax (est.)
$1,442
P&I
Tax
Down payment
$990,000 (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 $990,000 down (20%) on $4,950,000, 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.
Provincial farmland protection restricts subdivision and non-farm use.
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.
At 4.9544 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.
