- Active
1507 Wharf Street
Summerland · Single Family
- Beds
- 4
- Baths
- 3
- Sqft
- 2,354
- Built
- 1968
Listed by eXp Realty · MLS® 10395077
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Sign inAbout this home
OPEN HOUSE SATURDAY OCTOBER 10TH 11:00AM - 12:00PM!!! Beautifully Trout Creek home just steps from Sun-Oka Beach, Powell Beach, the boat launch, and the local elementary school. Extensively updated in 2007, this exceptional home blends timeless design with modern comfort. The bright, open-concept main living area flows seamlessly onto a spacious 150 sq. ft. covered deck, complete with roll-down sunshades, heat lamps, and water hookups for a future outdoor kitchen—perfect for year-round entertaining. The custom Ellis Creek kitchen features a large walnut-topped island with a prep sink, Sharp microwave drawer, eating bar, solid surface countertops, stainless steel appliances, and a built-in wine fridge. The stunning primary suite boasts 10-foot ceilings, oversized windows, a walk-in closet, and a spa-inspired ensuite with heated floors and a luxurious rain shower. The home is fully wired for an integrated sound system, including the outdoor deck. Outside, enjoy a private, peaceful backyard with a detached 320 sq. ft. garage currently configured as a home office or flexible workspace. This move-in-ready property offers an exceptional lifestyle in one of Summerland's most sought-after neighbourhoods. Schedule your private showing today!
Home facts
- Bedrooms
- 4
- Bathrooms
- 3 full
- Interior
- 2,354 sq ft
- Year built
- 1968
- Storey
- 1
- Property type
- Single Family
- Basement
- Full
- Area
- Trout Creek
- Style
- Ranch
- Listed
- August 5, 2026
- Structure
- House
- PID
- 001-734-831
- Common interest
- Freehold
Highlights
- Private yard
- Wine fridge
Features and inclusions
- Heating
- Forced air, See remarks
- Parking
- Other, Additional Parking
Rooms and building
- Sewer
- Municipal sewage system
- Water
- Municipal water
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
- $6,043
- Property tax
- $375/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $6,568
Purchase snapshot
- List price
- $1,275,000
- Down payment
- $255,000 (20%)
- Estimated mortgage
- $1,020,000
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
- $6,034
- At 4.7326 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
- $1,890 a month
- Gross yield
- 1.8%
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.
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
Detached · 64%
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.
