Property Type: Detached HouseOwnership: Leasehold

120 Deer Street

Vernon, BC V1H2A1

$377,000

3 bed2 bath5 parking1,252 sqftBuilt 2012
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Property Details

Property & Lot

Sub-type
House
Stories
1
Frontage
46 feet

Ownership & Fees

Property type
Detached House
Ownership
Leasehold
Annual property tax
$1,329.34

Interior

Basement
Crawl space
Heating
Baseboard heaters, Electric
Cooling / A/C
Central air conditioning
Fireplace
None
Flooring
Hardwood, Vinyl

Exterior & Lot

Exterior features
Vinyl siding
View
Mountain view, View (panoramic)
Waterfront
Other

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
5 — covered indicated
Features
Attached Garage, Additional Parking

Restrictions & Policies

Pets
Allowed

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

Room Dimensions

RoomLevelDimensions
OtherMain level16' x 24'10''
BedroomMain level9'10'' x 12'0''
BedroomMain level9'10'' x 12'
4pc BathroomMain level5'0'' x 8'4''
4pc Ensuite bathMain level7'11'' x 8'5''
Primary BedroomMain level21'10'' x 12'0''
Dining roomMain level12'5'' x 6'7''
Living roomMain level14'3'' x 16'8''
KitchenMain level9'10'' x 15'0''

Listing Information

MLS®
10384596
Listed
May 1, 2026
Time on market
On the market for 122 days
Data last synced
August 28, 2026

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

Description

Okanagan living at its best! Welcome to the lakefront community of Parker Cove on the shores of beautiful Lake Okanagan. Built in 2012, this well-maintained home offers 3 bedrooms and 2 bathrooms in a bright, open concept layout that seamlessly connects the living room, dining area, and spacious kitchen. The kitchen features a large sit-up counter, perfect for casual dining and entertaining. Enjoy hardwood floors throughout the main living areas and a generously sized primary bedroom complete with a private ensuite. Patio doors lead out to a back deck overlooking peaceful green space, providing added privacy and a perfect spot to relax. Out front, a covered deck invites you to unwind and take in the surroundings. This property also includes an oversized single attached garage and convenient RV parking equipped with 30-amp service and a sani-dump. Located just steps from the lake, you’ll have easy access to the community’s private beach, boat launch, and designated swim area. Whether you’re looking for a year-round home or a recreational getaway, this property offers the ideal blend of comfort, convenience, and lakeside living in a welcoming resort-style community. Registered lease until 2056. (id:63159)

Values & Trends

This listing

$301/sqft

Building average

No other active listings in this building

Okanagan North average

$298/sqft

41 active listing(s)

Parking: 5 stall(s) includedStorage 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

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.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

11

1/9 categories nearby

Transit

Not enough data yet

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Okanagan Landing ElementaryElementary7.0 km
Ellison ElementaryElementary9.3 km
Clarence Fulton SecondaryElementary9.6 km
Mission Hill ElementaryElementary11.6 km
Alexis Park ElementaryElementary12.4 km
St James(Independent)Elementary12.8 km
Ecole Beairsto ElementaryElementary13.0 km
W.L. Seaton SecondarySecondary13.1 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.

Nearby Places

Parks (2)

  • Unnamed97 m
  • Unnamed210 m

Nearby places data: © OpenStreetMap contributors.

School district: Vernon (SD22)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($18,850) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$301,600.00
Periodic payment — Principal & Interest (monthly)$1,945.82
Additional monthly expenses (strata, tax, utilities, etc.)$173.78
Total monthly cost$2,119.60
Interest paid over 5-yr term$86,439.43
Balance at end of term$271,290.18

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$18,850
Stress test qualifying rate8.09%
Payment you must qualify for$2,754.05

Cash Needed at Closing

Minimum down payment$18,850
Estimated BC PTT$5,540
Legal / closing costs (typical estimate)$1,500
Total cash needed$25,890

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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