$2,499,000
5711 White Street
Beds
4
Baths
2
Sqft
—
Year
1972
Type
Single Family
Suite
Investment signal
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Summerland. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
LAKEVIEW VINEYARD! 7.29 acres featuring 6 acres of Pinot Noir grapes planted in 2024! Seize a rare investment opportunity with this extraordinary property offering the perfect blend of income potential, lifestyle, and future development. The vineyard is leased for the 2026 season to a local winery for full caretaking and grape sales, creating a truly hands-off income property. The existing home generates $2,500/month from a long-term tenant who would love to stay—providing immediate, stable cash flow. This flat, expansive parcel is ideally located just a short drive from town, offering both privacy and convenience. The property includes a well-maintained 4-bed, 2-bath home, along with a massive 26' x 82' four-bay garage and workshop. One bay features a cooling system, ideal for fruit storage. Advanced irrigation system & fertilizer injector are in place to support optimal vineyard production. With a generous building envelope, this property is perfect for those looking to build a custom dream home while enjoying breathtaking views over Okanagan Lake and southern city lights. Take in spectacular sunsets and enjoy a front-row seat to fireworks right from your backyard. Whether you're looking to develop, invest, or simply hold a low-maintenance, income-generating property until you're ready to build, this offering delivers exceptional flexibility and long-term potential. Don’t miss this rare opportunity contact us today to explore everything this unique property has to offer. (id:65958)
- Subtype
- Single Family
- Structure
- House
- Community
- Main Town
- Common interest
- Freehold
- Living area
- 2,327 square feet
- Lot size
- 7.29 acres
- Lot dimensions
- 7.29
- Parking
- 4 total
- Stories
- 2
- Fireplace
- 2
- On market
- Mar 28, 2026
- Status changed
- Apr 20, 2026
- Annual tax
- $3,143.27
- Photos
- 48
- MLS#
- 10381116
- Area
- SUMMERLAND
Features and systems
Parking
Appliances
Heating
Cooling
Exterior
Roof
Cash on cash
-6.25%
Cap rate
3.61%
GRM
16.7
Break-even rent
$15,241
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 20, 2026.