117 Diamond Way
Vernon, BC V1H0A2
$399,000
Property Details
Property & Lot
- Sub-type
- Other
- Lot size
- 0.17 acres
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $1,529.18
Interior
- Fireplace
- None
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®
- 10311466
- Listed
- May 7, 2024
- Time on market
- On the market for 846 days
- Data last synced
- August 28, 2026
Listing provided by: Sotheby's International Realty Canada · Data source: CREA DDF.
Description
Craft your dream home on this remarkable lot, nestled at the top of the ridge in the sought-after Commonage community at Predator Ridge. This .17 acre parcel is perfect for a walkout rancher, providing ample space for a beautifully landscaped yard overlooking the stunning views of the surrounding mountains and valleys. A walking distance to the tennis and pickleball dome, two award winning golf courses, walking/hiking/biking trails, restaurants, and numerous amenities. Only a 12 minute drive to Vernon. Choose from three preferred builders with several ready-to-go designs at your disposal. Bask in the tranquility of nature, just moments away from beaches, wineries, shopping and only a 25 minute drive to the Kelowna International Airport. Best priced lot at Predator Ridge! The GST fee has been paid and services are at lot line. PREDATOR RIDGE EXEMPT FROM BC SPECULATION & VACANCY TAX (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
| School | Type | Distance |
|---|---|---|
| Okanagan Landing Elementary | Elementary | 7.0 km |
| Oyama Traditional School | Elementary | 8.2 km |
| Ellison Elementary | Elementary | 9.3 km |
| Clarence Fulton Secondary | Elementary | 9.4 km |
| Kidston Elementary | Elementary | 10.3 km |
| Kalamalka Secondary | Elementary | 10.8 km |
| Mission Hill Elementary | Elementary | 11.0 km |
| Coldstream Elementary | Elementary | 11.9 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)
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Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($19,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.