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1742 Industrial Way
Lumby · Vacant Land
Listed by Easy List Realty · MLS® 10398334
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*** For more information, please click Brochure button. *** This 2.36 acre Lot #10 at Lumby Industrial Park offers a rare opportunity to secure serviced, municipally planned industrial land in the North Okanagan—positioned for businesses seeking room to expand without the cost pressures and land constraints of larger Okanagan centres. Located minutes from Vernon and within reach of the broader Okanagan, Shuswap, and Kootenay regions, Lumby Industrial Park is a 16-acre general industrial opportunity accessed from Highway 6 via Shuswap Avenue. Of keen interest for industrial users, expansion-minded companies, site selectors, development officers, and location scouts, the park provides a practical, low-friction path to growth in an established industrial area. Lot #10 is one of five generally level, rectangular industrial lots in the subdivision, with each lot offering approximately 90 feet of frontage on Industrial Way. These flat, usable sites support slab-on-grade construction, outdoor storage yards, phased expansion, future subdivision potential, large warehousing, and strata-style industrial development. The park features versatile I2 General Industrial zoning and can accommodate a wide range of uses, including manufacturing, processing, warehousing, storage, logistics, automotive, forestry, agriculture, heavy equipment and machinery sales, and other compatible industrial operations. Lumby's I2 zoning uniquely includes light I1 industrial uses. Property not yet assessed.
Home facts
- Property type
- Vacant Land
- Area
- Lumby Valley
- Listed
- August 20, 2026
- Structure
- Other
- PID
- 032-762-691
- Common interest
- Freehold
Highlights
- Mountain view
Rooms and building
- Sewer
- Municipal sewage system
- Water
- Municipal water
- Utilities
- Water, Sewer, Natural Gas, Electricity
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
- $4,474
- Property tax
- $275/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $4,899
Purchase snapshot
- List price
- $944,000
- Down payment
- $188,800 (20%)
- Estimated mortgage
- $755,200
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
- $6,390
- At 6.7695 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.
- Floodplain
- Mapped floodplain
- Sits in a provincially mapped floodplain. Expect flood-related insurance and financing conditions.
- 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
Land · 45%
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.