100 Mile House

100 Mile House sits in the heart of the Cariboo region, where the old gold rush trail meets modern ranching country. This town of nearly 2,000 people has built its identity around being the perfect jumping-off point for South Cariboo adventures—fishing at 108 Mile Lake, cross-country skiing on some of BC’s most reliable snow, or exploring the countless logging roads that spider out into the wilderness.

The housing market here tells an interesting story. Nearly half the homes are single-detached houses, but there’s also a surprisingly high percentage of movable dwellings at 13.3%—a reflection of the resource-based economy where workers sometimes follow seasonal opportunities. With a median age of 55.2 years and over a third of residents being seniors, this community has become a quiet retirement haven for those who want four distinct seasons and don’t mind winter temperatures that can hit -48°C.

The economy runs on retail trade, hospitality, and healthcare services, supporting both locals and the steady stream of visitors heading to nearby guest ranches and fishing lodges. While the unemployment rate sits at 15.3% and household incomes are modest at $52,000, the cost of living remains manageable compared to BC’s urban centers.

For mortgage brokers working with clients who value space, outdoor recreation, and a slower pace of life, 100 Mile House offers opportunities in a market where properties tend to have substantial land. Tekamar provides mortgage solutions here with a maximum 55% LTV, recognizing both the appeal of the lifestyle and the realities of a smaller, resource-dependent market.

The town’s claim to fame? It’s home to one of North America’s largest cross-country ski marathons, and the South Cariboo Visitor Centre here is built to look like the world’s largest pair of cross-country skis—a quirky landmark that perfectly captures the community’s embrace of winter recreation.