About this home

Located 18 km south of Horsefly, B.C., this extremely private 34-acre off-grid lakefront homestead is the only property on Walter's Lake. Fully surrounded by Crown land-feeling a world away yet only about 25 mins from town and an hour from Williams Lake, with no light pollution, just stars and the call of loons. The main cabin is lakefront, though a stretch of reeds and marsh lies between it and open water, with a greenhouse nearby, water rights on Cossack Creek for irrigation, and land suited to a small number of livestock; a second lakefront cabin toward the north end needs cleanup but is salvageable as a private secondary residence, while the original homestead cabin and old shop/barn have little value and will likely be removed. Affordable homesteads like this seldom come to market.

Home facts

Bedrooms: 1
Bathrooms: 1 full
Interior: 864 sq ft
Year built: 9999
Storey: 1
Property type: Single Family
Basement: None
Fireplaces: 2
Style: Ranch
Listed: September 21, 2026
Structure: House
PID: 015-283-887
Common interest: Freehold

Highlights

Waterfront

Features and inclusions

Heating: Wood
Roof: Metal, Conventional
Parking: Open, RV, Additional Parking

Rooms and building

Foundation: Unknown
Water: Ground-level well

Listed by Landquest Realty Corporation. Last updated Oct 1, 2026, 5:10 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: $2,128
Property tax: $133/mo
Home insurance: $150/mo
Estimated monthly total: $2,411

Purchase snapshot

List price: $449,000
Down payment: $89,800 (20%)
Estimated mortgage: $359,200

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

For investors

As a rental

Estimated rent: $546 a month
Gross yield: 1.5%

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 $546

Neighbourhood

Open the map

Walk to Save-On-Foods13h 1m

Bike to Williams Lake3h 58m

Walk to Williams Lake13h 13m

Drive to downtown Vancouver13h 57m

Estimated travel times. Map data © OpenStreetMap contributors.

Most listed

Detached · 40%

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.
Building and renovation permitsConfirm that significant work was properly permitted.
Survey or site planReview boundaries, structures, and encroachments.
New-home warrantyReview warranty coverage, dates, and provider information.
Developer disclosure statementReview the project disclosure and material amendments.

Availability is not guaranteed. Review documents with a professional.

About this home