Lumby · V0E2G0
$3,743/mo
Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
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Live for Free in the Heart of Lumby! Discover an incredible investment opportunity with this 5-unit complex located in the vibrant heart of Lumby, North Okanagan. This commercially zoned property features 3 residential units and 2 commercial spaces. The current rental income is substantial enough to cover the mortgage, allowing the future owner to live in one of the suites for free. Each unit has been recently renovated, and major updates such as the furnace, hot water tank and exterior siding have been completed in recent years. This iconic and enduring building sits on a massive lot with commercial zoning, offering a variety of development options. Lots of Hwy traffic flow with plenty of extra parking in the back as well on street parking for additional customer parking if needed. Owner financing is available for the right buyer. Don't miss out on this unique opportunity to own a piece of Lumby's history while securing a profitable investment.
1,300 ft²
Floor area
1901
Year built
Other
Type
Lumby Valley
Area
Listed
October 1, 2025
$730,000 is 29.2% below the Lower Mainland Composite HPI benchmark of $1,031,500 (2026-04-01).
Nearby & Commute
3 min
walk to Super A Foods
4h 9m
bike to Orchard Park Exchange
13h 50m
walk to Orchard Park Exchange
12h 40m
drive to downtown Vancouver
Estimated travel times. Map data © OpenStreetMap contributors.
Most listed
Detached · 54%
| Detached | 30 | 53.6% |
| Land | 21 | 37.5% |
| Duplex | 2 | 3.6% |
| Other | 2 | 3.6% |
| Townhouse | 1 | 1.8% |
| $15,000 to $19,999 | 15 | 6.5% |
| $20,000 to $24,999 | 45 | 19.6% |
| $25,000 to $29,999 | 15 | 6.5% |
| $30,000 to $34,999 | 15 | 6.5% |
| $35,000 to $39,999 | 10 | 4.3% |
| $40,000 to $44,999 | 15 | 6.5% |
| $45,000 to $49,999 | 5 | 2.2% |
| $50,000 to $59,999 | 10 | 4.3% |
| $60,000 to $69,999 | 15 | 6.5% |
| $70,000 to $79,999 | 10 | 4.3% |
| $80,000 to $89,999 | 20 | 8.7% |
| $90,000 to $99,999 | 10 | 4.3% |
| $100,000 to $124,999 | 25 | 10.9% |
| $125,000 to $149,999 | 5 | 2.2% |
| $150,000 to $199,999 | 10 | 4.3% |
| $200,000 and over | 5 | 2.2% |
A clearer view of the monthly and upfront costs connected to this home.
Monthly ownership costs
Estimated monthly total
Calculated estimate
$3,743
Principal and interest
Calculated estimate
$3,377
Property tax
Calculated estimate
$217/mo
Home insurance
Assumption
$150/mo
Purchase snapshot
List price
Listing data
$730,000
Down payment
Calculated estimate
$146,000 (20%)
Estimated mortgage
Calculated estimate
$584,000
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
$3,743
/mo
Rate
%
Amortization
Principal and interest
$3,377
Property tax (est.)
$217
P&I
Tax
Down payment
$146,000 (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 $146,000 down (20%) on $730,000, 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.
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.
At 6.3118 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.
Sits in a provincially mapped floodplain. Expect flood-related insurance and financing conditions.
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.
