- Active
7532 MAGNUSSEN Road
Sheridan Lake · Recreational
- Beds
- 1
- Sqft
- 299
- Built
- 1968
Listed by REMAX 100 · MLS® R3135880
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Sign inAbout this home
With a potential waterfront setback of only 25 ft, this property offers the opportunity to create your dream lakefront home, subject to applicable regulations and approvals. Rare Sheridan Lake waterfront in the South Cariboo offering exceptional privacy and long-term potential. This unique property features a small rustic cabin and has remained in the same ownership for decades. South-facing exposure provides all-day sun and some of the most incredible sunsets on Sheridan Lake. Enjoy pristine shoreline, crystal clear water, boating, fishing, swimming, and year-round recreation in one of BC’s most desirable lake destinations. Peaceful setting with easy access and outstanding natural surroundings. A rare opportunity to build your dream lakefront retreat in a truly special location.
Home facts
- Bedrooms
- 1
- Bathrooms
- 0 full
- Interior
- 299 sq ft
- Year built
- 1968
- Storey
- 1
- Property type
- Recreational
- Basement
- None
- Fireplace
- 1
- Listed
- June 15, 2026
- Structure
- Recreational
- PID
- 009-381-171
- Common interest
- Freehold
Highlights
- Waterfront
Features and inclusions
- Heating
- Wood
- Parking
- Open
- Lot
- Recreational
Rooms and building
- Foundation
- Unknown
- Water
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
- $2,650
- Property tax
- $167/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $2,966
Purchase snapshot
- List price
- $559,000
- Down payment
- $111,800 (20%)
- Estimated mortgage
- $447,200
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
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
Detached · 54%