Property Type: Land / LotOwnership: Freehold

10766 Pinecrest Road

Vernon, BC V1H2C1

$89,500

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.32 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$535.43

Interior

Fireplace
None

Exterior & Lot

View
Lake view, Mountain view, Valley view

Listing Information

MLS®
10379742
Listed
March 18, 2026
Time on market
On the market for 166 days
Data last synced
August 28, 2026

Listing provided by: 2 Percent Realty Interior Inc. · Data source: CREA DDF.

Description

Located on one of the most desirable streets in the community, this .32-acre lot offers beautiful lake views and exceptional privacy, an excellent opportunity to build in a premium location. The lot’s unique dual-access layout (top and bottom) makes it ideally suited for a level-entry rancher, while the lower portion provides ample space for parking, RV or boat storage, and the potential to add a detached garage or shop. Located just a short walk from beach access on the west side of Okanagan Lake, this property is perfect for those who enjoy an outdoor lifestyle. Whether it’s hiking, boating, or simply taking in the surroundings, this area offers year-round recreational appeal. Despite its peaceful setting, the property remains conveniently located, Vernon is approximately 30 minutes away, and Kelowna about 45 minutes, providing easy access to shopping, dining, and everyday amenities. The lot is serviced by municipal water, with both water and electricity available at the lot line. A septic system will be required, and natural gas service is not available in the area. (id:63159)

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 ElementaryElementary8.5 km
Ellison ElementaryElementary10.9 km
Clarence Fulton SecondaryElementary11.2 km
Mission Hill ElementaryElementary13.2 km
Alexis Park ElementaryElementary14.1 km
St James(Independent)Elementary14.4 km
Kidston ElementaryElementary14.5 km
Oyama Traditional SchoolElementary14.5 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% ($4,475) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$71,600.00
Periodic payment — Principal & Interest (monthly)$461.94
Additional monthly expenses (strata, tax, utilities, etc.)$44.62
Total monthly cost$506.56
Interest paid over 5-yr term$20,520.77
Balance at end of term$64,404.43

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$4,475
Stress test qualifying rate8.09%
Payment you must qualify for$653.81

Cash Needed at Closing

Minimum down payment$4,475
Estimated BC PTT$895
Legal / closing costs (typical estimate)$1,500
Total cash needed$6,870

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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