Property Type: Land / LotOwnership: Freehold

10500 Columbia Way Lot# 64

Vernon, BC V1H2B4

$154,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.24 acres
Frontage
80 feet

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$612

Interior

Fireplace
None

Exterior & Lot

View
Lake view, Mountain view, View (panoramic)

Restrictions & Policies

Pets
Allowed

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

Listing Information

MLS®
10333871
Listed
February 4, 2025
Time on market
On the market for 573 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Kelowna · Data source: CREA DDF.

Description

Bring an offer! Your dream Okanagan lifestyle awaits. This spectacular lake view lot in prestigious Westshore Estates is the perfect canvas for your forever home. Boasting dual access from Mountain Drive and Columbia Way, the property offers unparalleled flexibility for maximizing the breathtaking views and creating a truly custom build. Benefit from existing fill, power and water at the lot line, and no building time restrictions—simply bring your vision and builder. Westshore Estates is an outdoor enthusiast's paradise, with hiking, biking, boating, swimming, and scenic wonders right at your doorstep. Just a short drive from Vernon, Kelowna, West Kelowna, world-class wineries, Killiney Beach, and Fintry Provincial Park, this is the ultimate opportunity to embrace the Okanagan lifestyle. Boat launches and beaches are just a few minutes away. Spallumcheen Golf Course is 20 minutes away. A septic permit is required, as all Westshore Estates homes are on septic. (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
Mission Hill ElementaryElementary13.5 km
Oyama Traditional SchoolElementary13.9 km
Alexis Park ElementaryElementary14.6 km
Kidston ElementaryElementary14.7 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: 5.0% ($7,700) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$123,200.00
Periodic payment — Principal & Interest (monthly)$794.84
Additional monthly expenses (strata, tax, utilities, etc.)$51.00
Total monthly cost$845.84
Interest paid over 5-yr term$35,309.47
Balance at end of term$110,818.80

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$7,700
Stress test qualifying rate8.09%
Payment you must qualify for$1,125.00

Cash Needed at Closing

Minimum down payment$7,700
Estimated BC PTT$1,540
Legal / closing costs (typical estimate)$1,500
Total cash needed$10,740

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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