Paul Lake waterfront living - Beautifully updated and meticulously maintained 1700 sq.ft. townhome located on the shores of Paul Lake in the intimate Deerwood on the Lake strata. Enjoy year-round lake views, abundant wildlife, and easy-care living with access to a community dock, swimming, paddle boarding, year round fishing, plus on-site pool and tennis courts. Bright, semi-open main floor features updated living areas and opens to a custom walkout composite deck with glass railing overlooking the lake, pool and amenities. Upstairs offers 2 bedrooms and 2 full bathrooms, one being the ensuite. Lower level includes a versatile den (additional sleeping space), rec.room, office area and laundry. Multiple storage lockers for seasonal gear. 2 car carport plus additional parking. Off-shore buoy (buyer to confirm permitting). All within 30 minutes of Kamloops and under 1 hour to Sun Peaks and less than 10 minutes to Harper Mountain. Strata fees $525/month. Pet restrictions apply. Call Listing Agent today!
Property details
3
Beds
3 full
Baths
1,702 ft²
Floor area
1980
Year built
2.5
Storeys
$525/mo
Strata fee
$1,544/yr
Gross tax
Location & structure
Single Family
Type
Yes
Carport
1
Fireplace
Paul Lake
Area
Listed
January 31, 2026
Structure
Row / Townhouse
PID
001-794-922
Property highlights
Waterfront
Pool
Building amenities
Storage locker
Recreation centre
Features & inclusions
Appliances
Refrigerator, Dishwasher, Range, Washer & Dryer
Heating
Baseboard heaters, Electric
Flooring
Mixed Flooring
Roof
Asphalt shingle, Other, Unknown
Parking
Carport
Community
Recreational Facilities, Pets Allowed With Restrictions, Rentals Allowed
Additional details
Common interest
Condo/Strata
Listed by Century 21 Assurance Realty Ltd.. Last updated Jul 7, 2026, 11:55 AM.
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.
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 $125,800 down (20%) on $629,000, Canadian semi-annual compounding. Property tax sourced from listing. Strata fee sourced from 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.
Supply outlook
Where supply, demand, and prices are heading by 2035
CMHC scenario data, applied to this listing's metro area
House prices, 2024 to 2035
CMHC scenario comparison
18.4 percentage points
Building enough supply could keep prices 18.4 percentage points lower by 2035.
Source: CMHC supply-shortages report (2026)
Housing starts needed each year
Current pace vs CMHC supply target
7,245 units short
Vancouver is starting about 7,245 fewer units per year than CMHC says is needed to keep prices stable.
Source: CMHC supply-shortages report (2026)
Housing stock, 2024 to 2035
Projected dwellings under current trajectory
24.0 percentage points
Stock grows about 24.0% over the period under the business-as-usual scenario.
Source: CMHC supply-shortages report (2026)
Apartment construction pace
Apartment starts in 2025 vs the 10-year average
8.6% above
Condo and rental apartment construction is running 8.6% above the 10-year pace, easing future apartment scarcity.
Source: CMHC supply spring 2026
Family-home construction pace
Houses and townhomes started in 2025 vs the 10-year average
20.9% below
Ground-oriented (houses + townhomes) construction is running 20.9% below the 10-year pace, squeezing family-sized supply.
Source: CMHC supply spring 2026
Inventory mix
What this area trades in
Within 8 km of this listing · 36 listings
Detached
16
44.4%
Condo / Apartment
7
19.4%
Townhouse
5
13.9%
Duplex
4
11.1%
Land
2
5.6%
Other
2
5.6%
Source: active, display-eligible listings within 8 km of this listing. The radius widens automatically when nearby inventory is sparse.
Housing stock here
What this neighbourhood is built of
Census 2021 dwelling structural-type mix · Thompson-Nicola P (Rivers and the Peaks) · 230 dwellings
Single-detached185 · 80.4%
Row house25 · 10.9%
Movable dwelling20 · 8.7%
Source: Statistics Canada · 2021 Census of Population
Neighbourhood demographics
Who lives in this small neighbourhood
The following information covers the Dissemination Area that contains this property. A dissemination area is the smallest standard geographic area Statistics Canada publishes data for, typically 400 to 700 residents.
Statistics Canada Area #59331504· Thompson-Nicola P (Rivers and the Peaks)· 53.74 km²
Median rent here
$1,200
Owner shelter cost
$1,410
Renters
8.3%
30%+ on shelter
14.9%
Population (2021)
585
Median age
43.6
Avg household size
2.5
Avg household income
$106,000
Renters
8.3%
Owners
89.6%
Immigrants
3.2%
Post-secondary
49.5%
Avg home value
$592,000
Single status
18.8%
Not in labour force
46.4%
Households with kids
31.9%
Median rent
$1,200
Owner shelter cost
$1,410
30%+ on shelter
14.9%
Breakdown
$20,000 to $24,999
10
4.5%
$25,000 to $29,999
10
4.5%
$30,000 to $34,999
5
2.3%
$35,000 to $39,999
5
2.3%
$40,000 to $44,999
5
2.3%
$45,000 to $49,999
5
2.3%
$50,000 to $59,999
15
6.8%
$60,000 to $69,999
15
6.8%
$70,000 to $79,999
15
6.8%
$80,000 to $89,999
15
6.8%
$90,000 to $99,999
20
9.1%
$100,000 to $124,999
35
15.9%
$125,000 to $149,999
15
6.8%
$150,000 to $199,999
35
15.9%
$200,000 and over
15
6.8%
Source: Statistics Canada, 2021 Census of Population (Census Profile, dissemination area 59331504).
Market story
Rent in Thompson-Nicola P (Rivers and the Peaks)
Census 2021 avg $1,200/mo here · Vancouver 3BR rent (est) trend below
Estimate, not a prediction. Forward values use CMHC scenario growth rates applied to the latest actual. Actual outcomes will differ. Do not use as financial advice.
CMHCBritish Columbia outlook
British Columbia’s labour market expected to recover in 2026, but demographic factors will weigh on housing markets
British Columbia’s (B.C.) economy is expected to improve in 2026 after limited growth in 2025. As forecasted in our Housing Market Outlook summer 2025 update, a weak labour market and trade volatility were the main factors impacting B.C.’s economy in 2025.
From the CMHC Housing Market Outlook 2026 · Jan 2026