Property Type: Detached HouseOwnership: Leasehold

1 Imtil Road

Vernon, BC V1H2G7

$229,900

2 bed1 bath590 sqftBuilt 1993
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Property Details

Property & Lot

Sub-type
House
Stories
1

Ownership & Fees

Property type
Detached House
Ownership
Leasehold
Annual property tax
$0

Interior

Heating
No heat
Fireplace
None

Exterior & Lot

Exterior features
Vinyl siding
Waterfront
Waterfront on lake

Building

Roof
Metal, Unknown

Restrictions & Policies

Rentals
Not allowed

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Room Dimensions

RoomLevelDimensions
OtherMain level8' x 10'
OtherMain level12' x 10'
OtherMain level5' x 5'
OtherMain level7'4'' x 17'5''
BedroomMain level6'11'' x 7'10''
3pc BathroomMain level
Primary BedroomMain level8'11'' x 11'5''
Living roomMain level6'2'' x 9'5''
KitchenMain level4' x 8'

Listing Information

MLS®
10393857
Listed
July 9, 2026
Time on market
On the market for 53 days
Data last synced
August 28, 2026

Listing provided by: RE/MAX Vernon · Data source: CREA DDF.

Description

Your Okanagan Lake summer escape awaits! Welcome to Unit 1 on Imtil Road, a well-maintained seasonal cabin offering 50 feet of prime Okanagan Lake waterfront and located just 25 minutes from Vernon. Situated on Alexis Beach, OKIB land, this end lot provides excellent privacy, easy access, and plenty of parking. Enjoy peaceful lakefront living from April through the end of September. This charming 2-bedroom, 1-bathroom cabin was built in 1992 and offers about 600 sq. ft. of comfortable living space, plus a 120 sq. ft. covered deck and an additional 14' x 24' deck—perfect for relaxing, entertaining, and taking in the beautiful surroundings. The property includes three outbuildings: a newer 10' x 12' shed with potential to be converted into a bunkie, an 8' x 10' lakeside shed for all your lake toys, and a 5' x 5' garden shed. The cabin is fully equipped for off-grid living with a battery bank (new in 2025), solar panels, and a Honda 3000 generator for backup power. Additional features include a 1,200-gallon concrete underground wastewater holding tank, propane appliances including a fridge, stove, and hot water heater, and furnishings included for added convenience. Enjoy the lake lifestyle with your own 60-foot dock featuring a 9' x 11' dock deck built in 2020—ideal for swimming, boating, fishing, and making summer memories. The annual lease is currently $6,500. This is a ""buckshee"" lease arrangement, with 25% of the sale price payable to the landowner upon transfer. Conventional financing is not available. Located close to amenities, including a new Canco gas station and convenience store approximately 5 km away, this is a rare opportunity to own your own private lakefront cabin. (id:63159)

Values & Trends

This listing

$390/sqft

Building average

No other active listings in this building

Okanagan North average

$295/sqft

41 active listing(s)

Parking: Not indicatedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Location Insights

Weather

16°C

Humidity 69%

Wind ESE 14 km/h

Tonight

11°

Tuesday

27°

Tuesday night

14°

Wednesday

24°

Wednesday night

13°

Thursday

19°

Source: Environment and Climate Change Canada.

Population

44,519

(2021 Census)

+11% since 2016

Density: 461.7/km²

Dwellings: 21,287

Median household income: $73,500

After-tax: $66,500

Immigrant population: 12.4%

Top countries of origin (% of total population)

  • United Kingdom2.3% · 1,030
  • Germany1.2% · 550
  • United States of America1% · 450
  • India0.8% · 355
  • Philippines0.7% · 315
  • Netherlands0.6% · 270
  • Poland0.3% · 150
  • South Africa, Republic of0.3% · 125

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Okanagan Landing ElementaryElementary7.9 km
Ellison ElementaryElementary9.5 km
Clarence Fulton SecondaryElementary9.9 km
Mission Hill ElementaryElementary11.6 km
Alexis Park ElementaryElementary11.7 km
W.L. Seaton SecondarySecondary12.5 km
St James(Independent)Elementary12.6 km
Ecole Beairsto ElementaryElementary12.6 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

No TransLink stops within an ~10-minute walk.

School district: Vernon (SD22)

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($11,495) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$183,920.00
Periodic payment — Principal & Interest (monthly)$1,186.59
Additional monthly expenses (strata, tax, utilities, etc.)$30.00
Total monthly cost$1,216.59
Interest paid over 5-yr term$52,712.00
Balance at end of term$165,436.63

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$11,495
Stress test qualifying rate8.09%
Payment you must qualify for$1,679.46

Cash Needed at Closing

Minimum down payment$11,495
Estimated BC PTT$2,598
Legal / closing costs (typical estimate)$1,500
Total cash needed$15,593

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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