- Active
1837 Shuswap Avenue
Lumby · Vacant Land
Listed by RE/MAX Vernon · MLS® 10377300
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Sign inAbout this home
Lot 6 at Monashee Light Industrial Park offers 2.77 acres (approx. 2.72 acres net usable) of fully serviced I2 General Industrial land within Lumby’s expanding industrial corridor. With one of the largest net usable areas in the subdivision, this parcel provides exceptional flexibility for larger building footprints, extensive yard space, outdoor storage, or multi-phase industrial development. Subdivision approval is complete, with servicing and new internal road infrastructure underway. Municipal water and sewer will be provided to the lot, along with full underground utilities. The level site configuration supports efficient construction planning, optimal truck circulation, and scalable operational layout. Zoned I2 – General Industrial, permitting a broad range of industrial and service commercial uses including warehousing, manufacturing, fabrication, contractor operations, distribution, and equipment storage. Strategically located minutes from Highway 6, providing direct regional access to Vernon (approx. 25 minutes), Kelowna, and key Okanagan transportation corridors. As serviced industrial land supply tightens across the region, Lumby offers a cost-effective and growth-oriented alternative with strong regional connectivity. Construction is progressing well, with significant site preparation complete and paving now well underway as the development continues to take shape.
Home facts
- Property type
- Vacant Land
- Area
- Lumby Valley
- Listed
- March 9, 2026
- Structure
- Other
- PID
- 032-762-615
- Common interest
- Freehold
Rooms and building
- Sewer
- Municipal sewage system
- Water
- Municipal water
- Utilities
- Water, Sewer
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
- $5,157
- Property tax
- $317/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $5,624
Purchase snapshot
- List price
- $1,088,000
- Down payment
- $217,600 (20%)
- Estimated mortgage
- $870,400
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
- $7,365
- 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 · 46%
Who lives here
Documents
Pick the records you want. Ray Rasouli will email what the listing brokerage shares.
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