- Active
2505 Silvery Beach Road
Chase · Single Family
- Beds
- 5
- Baths
- 2
- Sqft
- 2,160
- Built
- 1955
Listed by Riley & Associates Realty Ltd. · MLS® 10399260
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Sign inAbout this home
This is the epitome of a Little Shuswap Lake cottage . . . 5 bedrooms, two bathrooms, bright sundecks and patios, and a pure sandy beach offering direct access to the water! Due west exposure provides memorable sunsets viewable from many perches. Mature trees offer much needed shade on scorching summer days. The perfect sandy grade into the calm waters of the lake that this affordable cottage has to offer, is really something to see. This is what you dreamed about when you were a kid. The cottage features soaring vaulted ceilings making the rooms open, bright and inviting. The kitchen has lots of cabinetry and even granite counters to prepare your fixings. The room sizes are very large, you can accommodate loads of friends and family in this baby! Although built in 1955, the effective age is the mid-90's. Security shutters in key places to protect against storms & thieves! This is a Crown lease on Locatee Native Reserve Land. There are 21 years left on the current 32-year periodic lease. Annual lease fees are $10,500 and property taxes another $1,800. The rent review is every five years, the next one being in 2029. With a history of leasehold waterfront properties having offered multiple leases over time, there's a precedent set that indicates the likelihood of securing a new lease or an extension of the same, at the end of the term. That said, this is never a guarantee. Gather more information & then be sure to see this cozy cottage today, you are simply going to love it!
Home facts
- Bedrooms
- 5
- Bathrooms
- 1 full + 1 half
- Interior
- 2,160 sq ft
- Year built
- 1955
- Storey
- 1
- Parking
- 4
- Property type
- Single Family
- Basement
- Crawl space
- Fireplace
- 1
- Area
- Chase
- Listed
- September 7, 2026
- Structure
- House
- PID
- 902-003-490
- Common interest
- Leasehold
Highlights
- Mountain view
- Waterfront
- High ceilings
Features and inclusions
- Appliances
- Refrigerator, Range - Electric, Washer/Dryer Stack-Up
- Heating
- Radiant/Infra-red Heat
- Cooling
- See Remarks
- Flooring
- Other, Vinyl
- Roof
- Metal, Unknown
- Parking
- Street
- Lot
- Level lot, Private setting
- Community
- Family Oriented, Pets Allowed, Rentals Allowed With Restrictions
Rooms and building
- Sewer
- Septic tank
- Water
- Well
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
- $1,894
- Property tax
- $117/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $2,160
Purchase snapshot
- List price
- $399,500
- Down payment
- $79,900 (20%)
- Estimated mortgage
- $319,600
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
- $2,560
- At 6.4088 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.
- 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
Other · 29%
Who lives here
Documents
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Availability is not guaranteed. Review documents with a professional.