Property Type: Land / LotOwnership: Freehold

10358 Westside Road

Vernon, BC V1H2B3

$679,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.78 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$4,263

Interior

Fireplace
None

Exterior & Lot

View
Lake view, Mountain view, View of water, View (panoramic)

Listing Information

MLS®
10389266
Listed
May 28, 2026
Time on market
On the market for 95 days
Data last synced
August 28, 2026

Listing provided by: Coldwell Banker Executives Realty · Data source: CREA DDF.

Description

FREEHOLD LAND DEVELOPMENT OPPORTUNITY - Mixed Commercial & Residential Zoning | 0.78 Acre FLAT Lot An exceptional development opportunity with a Development Plan already prepared and discussed with the local municipality. Take the existing concept and build as designed, or modify it to suit your own vision. The generous highway setback area in front of the lot line enhances the sense of open space while allowing for fantastic lake views from both the proposed residential townhomes and commercial space. Ideally situated at the base of Westshore Estates, near Killiney Beach and Fintry, this property benefits from strong exposure to both local residents and tourist traffic, creating outstanding potential for a mixed-use development. (id:63159)

Location Insights

Weather

18°C

Humidity 66%

Wind ESE 16 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 ElementaryElementary8.8 km
Ellison ElementaryElementary11.3 km
Clarence Fulton SecondaryElementary11.6 km
Oyama Traditional SchoolElementary13.5 km
Mission Hill ElementaryElementary13.5 km
Kidston ElementaryElementary14.6 km
Alexis Park ElementaryElementary14.6 km
St James(Independent)Elementary14.8 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: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 6.3% ($42,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$543,200.00
Periodic payment — Principal & Interest (monthly)$3,504.54
Additional monthly expenses (strata, tax, utilities, etc.)$355.25
Total monthly cost$3,859.79
Interest paid over 5-yr term$155,682.68
Balance at end of term$488,610.16

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$42,900
Stress test qualifying rate8.09%
Payment you must qualify for$4,891.39

Cash Needed at Closing

Minimum down payment$42,900
Estimated BC PTT$11,580
Legal / closing costs (typical estimate)$1,500
Total cash needed$55,980

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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