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Investment signal

$179,000

Lot 108 Celista Place

Save this home

Beds

Baths

Sqft

Year

Type

Vacant Land

Suite

Investment signal

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Celista. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Discover the perfect opportunity to build your dream getaway or investment property in the heart of the Shuswap. This exceptional lakeview lot offers panoramic views of Shuswap Lake and the surrounding mountains, delivering breathtaking scenery in every direction. With water and power available at the lot line, this property is ready for your vision. Enjoy the flexibility of no building timeline and no zoning restrictions, giving you the freedom to create what suits your lifestyle. RV use is permitted, making it an ideal option for seasonal enjoyment or future development. Conveniently located just minutes from local amenities including Fetch Panda Convenience Store, the nearby elementary school, and the Bristow Road Boat Launch for easy lake access. As an added bonus, for a small annual fee you can join Meadow Creek Properties, which provides exclusive access to 1,600 feet of private beach, a dock for loading and offloading, and a boat launch—perfect for making the most of lake life. Whether you’re looking to build now or invest for the future, this is a rare opportunity to own a slice of paradise in one of the Shuswap’s most desirable areas (id:65958)

Subtype
Vacant Land
Structure
Other
Community
North Shuswap
Common interest
Freehold
Lot size
0.26 acres
Lot dimensions
0.26
On market
Apr 21, 2026
Status changed
Apr 21, 2026
Annual tax
$1,027
Photos
7
MLS#
10384320
Area
CELISTA

Features and systems

View

Lake viewMountain view

Utilities

WaterElectricityCableTelephone
Positive cash flow ~$1,169/mo at these assumptions

Cash on cash

39.17%

Cap rate

12.70%

GRM

6.2

Break-even rent

$1,170

Financing

Down payment$35,800
Loan amount$143,200
Mortgage$726/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$82
Insurance$80
Maintenance$149
CapEx reserve$75
Vacancy loss$120

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

Estimated $726/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 21, 2026.

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