Spallumcheen

Looking for lending opportunities where agriculture meets opportunity? Spallumcheen delivers exactly that blend, sitting pretty between Vernon and Armstrong in the North Okanagan’s agricultural heartland.

This isn’t your typical bedroom community. Nearly 15% of residents work in agriculture, forestry, fishing and hunting — making it one of BC’s most agriculture-focused municipalities. The numbers tell the story: 89.7% single-detached homes on larger lots where people actually have space to breathe, garden, and maybe keep a few chickens. Compare that to cramped urban subdivisions and you’ll understand why families keep discovering this place.

The community’s median age of 48 years reflects something important — people aren’t just passing through. They’re putting down roots, often transitioning from urban careers to rural lifestyles or retirement. With 22.5% of residents over 65, there’s clearly something here that keeps people happy long-term. Maybe it’s the mild Zone 6b climate that’s actually improved over recent decades, making it perfect for everything from fruit trees to vegetable gardens.

What really sets Spallumcheen apart is its position in the sweet spot between rural tranquility and urban convenience. You’re minutes from Vernon’s amenities, shopping, and healthcare, but your property taxes and housing costs remain refreshingly reasonable. The $84,000 median household income goes further here than it would closer to Vancouver, and the 6.1% unemployment rate shows a stable local economy.

The housing market stays grounded in reality. Those single-detached homes on acreage properties appeal to buyers seeking space and privacy without complete isolation. Construction represents nearly 13% of local employment, suggesting ongoing development and maintenance activity that supports property values.

For mortgage brokers, Spallumcheen represents clients who’ve done their homework. They know what they want: space, community, and value. Our 60% maximum LTV reflects the area’s stable appeal while ensuring conservative lending in a market that rewards patience over speculation.