- Active
5803 Lewes Avenue
Summerland · Agriculture
Listed by RE/MAX Penticton Realty · MLS® 10402266
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Sign inAbout this home
Discover this exceptional 4.35-acre, fully established orchard planted in high-density apples, including Gala, Golden, Fuji and more. The property also features a productive half-acre block of Centennial cherries. Located in the heart of one of the region’s most sought-after orchard areas, this parcel offers outstanding growing conditions, strong production potential, and long-term value. With beautiful surroundings and plenty of space, it’s the perfect opportunity to build your dream home right in the middle of prime agricultural country. Ideal for farmers, investors, or anyone looking to secure a premium agricultural holding property.
Home facts
- Property type
- Agriculture
- Area
- Summerland Rural
- Listed
- October 1, 2026
- Structure
- Other
- PID
- 012-569-925
- Common interest
- Freehold
Rooms and building
- Water
- Municipal water
- Utilities
- Water, Electricity, Telephone
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
- $3,787
- Property tax
- $233/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $4,170
Purchase snapshot
- List price
- $798,900
- Down payment
- $159,780 (20%)
- Estimated mortgage
- $639,120
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
- $3,781
- At 4.7326 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
For investors
As a rental
- Estimated rent
- $1,440 a month
- Gross yield
- 2.2%
Estimated rent from Statistics Canada rents for this area, scaled to the bedrooms. Gross yield is 12 months of that rent over the asking price, before costs.
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.
- Agricultural Land Reserve
- In the ALR
- Provincial farmland protection restricts subdivision and non-farm use.
- 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
Detached · 62%
Who lives here
Documents
Pick the records you want. Ray Rasouli will email what the listing brokerage shares.
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