Property Type: Detached HouseOwnership: Freehold

13424 Hermiston Drive

Summerland, BC V0H1Z8

$800,000

4 bed3 bath2 parking2,411 sqftBuilt 2003
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
0.34 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$3,313.45

Interior

Heating
Heat Pump, Forced air
Cooling / A/C
Heat Pump
Fireplace
None

Exterior & Lot

View
Mountain view, Valley view, View (panoramic), Unknown

Parking

Total spaces
2 — uncovered indicated
Features
Other, Street, Additional Parking

Room Dimensions

RoomLevelDimensions
Utility roomBasement6'2'' x 9'3''
Living roomBasement19'5'' x 18'10''
KitchenBasement12'8'' x 12'5''
BedroomBasement19'1'' x 12'
BedroomBasement12'7'' x 9'3''
4pc BathroomBasement4'11'' x 9'3''
Primary BedroomMain level13'5'' x 12'
Living roomMain level15'8'' x 20'3''
KitchenMain level13'10'' x 10'4''
FoyerMain level5'9'' x 8'11''
BedroomMain level11' x 10'
4pc Ensuite bathMain level9'3'' x 8'5''
3pc BathroomMain level4'11'' x 9'11''

Listing Information

MLS®
10386010
Listed
May 7, 2026
Time on market
On the market for 116 days
Data last synced
August 28, 2026

Listing provided by: REMAX Kelowna · Data source: CREA DDF.

Description

Tucked in the desirable Deer Ridge Estates, this level-entry rancher with walkout basement offers privacy, flexibility, and incredible value, all set against sweeping vineyard, orchard, and valley views. Situated on a gorgeous professionally landscaped 0.34-acre lot, this is property offers everything people love about the Okanagan lifestyle. The main level features a bright, open-concept kitchen, dining, and living space flowing seamlessly onto a massive south-facing deck, perfect for entertaining, relaxing, or simply taking in the view. Thoughtful upgrades throughout include a beautifully renovated ensuite off the primary bedroom, complete with walk-in closet, tub, and separate shower. A new heat pump, new appliances up and down, furnace and hot water tank, gardens and new retaining walls all add to the appeal and value of this home. With 4 bedrooms and 3 bathrooms, this layout works effortlessly for families or empty nesters wanting space for guests. Downstairs, the fully finished walkout basement offers a self-contained living space with its own kitchen and laundry ideal for in-laws or potential income, while maintaining privacy upstairs. The backyard, is a dream for gardeners and those who value usable outdoor space, including 2 sheds & work space. Minutes from Cartwright Mountain trails, vineyards and orchards, this is a standout location for outdoor enthusiasts. A rare blend of privacy, upgrades, and income potential rarely found. Book your private showing today. (id:63159)

Values & Trends

This listing

$332/sqft

Building average

No other active listings in this building

Summerland Rural average

$775/sqft

27 active listing(s)

Parking: 2 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

16°C

Humidity 59%

Wind W 8 km/h

Tonight

12°

Tuesday

27°

Tuesday night

15°

Wednesday

24°

Wednesday night

13°

Thursday

19°

Source: Environment and Climate Change Canada.

Population

12,042

(2021 Census)

+3.7% since 2016

Density: 162.6/km²

Dwellings: 5,426

Median household income: $82,000

After-tax: $74,000

Immigrant population: 12.2%

Top countries of origin (% of total population)

  • United Kingdom3.3% · 395
  • Germany1% · 125
  • India0.9% · 110
  • United States of America0.8% · 95
  • Netherlands0.7% · 85
  • Poland0.4% · 50
  • Hungary0.3% · 40
  • Philippines0.3% · 40

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Summerland Montessori School(Independent)Elementary1.9 km
Summerland SecondaryK-122.1 km
Unisus Junior School(Independent)Elementary3.5 km
Unisus Senior School(Independent)Secondary3.5 km
Trout Creek ElementaryElementary7.0 km
Naramata ElementaryElementary8.4 km
West Bench ElementaryElementary12.6 km
Queens Park ElementaryElementary14.2 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: Okanagan-Skaha (SD67)

Mortgage & Ownership Cost Calculator

Minimum required: 6.9% ($55,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$640,000.00
Periodic payment — Principal & Interest (monthly)$4,129.06
Additional monthly expenses (strata, tax, utilities, etc.)$397.12
Total monthly cost$4,526.18
Interest paid over 5-yr term$183,425.84
Balance at end of term$575,682.07

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$55,000
Stress test qualifying rate8.09%
Payment you must qualify for$5,728.79

Cash Needed at Closing

Minimum down payment$55,000
Estimated BC PTT$14,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$70,500

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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