Property Type: Condo / ApartmentOwnership: Strata

155 Silver Lode Lane Unit# 256

Vernon, BC V1B3M1

$349,900

0 bed1 bath1 parking510 sqftBuilt 1997
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Amenities

Also listed: Laundry Facility, Whirlpool, Cable TV

Property Details

Property & Lot

Sub-type
Apartment
Stories
1

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$443/mo
Annual property tax
$846

Maintenance Fee Includes

WaterGarbageManagementHeat

Also included: Cable TV, Ground Maintenance, Insurance, Other, See Remarks, Recreation Facilities, Reserve Fund Contributions, Sewer

Interior

Heating
Electric, See remarks
Fireplace
Yes (1)
Fireplace type
Gas, Unknown

Exterior & Lot

Exterior features
Wood, Stucco

Building

Roof
Tar & gravel, Unknown

Parking

Total spaces
1 — covered indicated
Features
Underground, Heated Garage

Restrictions & Policies

Pets
Not allowed

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

Room Dimensions

RoomLevelDimensions
4pc BathroomMain level5' x 8'2''
Dining roomMain level10' x 9'6''
Bedroom - BachelorMain level6'5'' x 15'10''
Living roomMain level11'8'' x 12'8''
KitchenMain level11'3'' x 12'7''

Listing Information

MLS®
10389020
Listed
May 26, 2026
Time on market
On the market for 97 days
Data last synced
August 28, 2026

Listing provided by: RE/MAX Vernon · Data source: CREA DDF.

Description

Silvercreek Lodge at Silver Star Mountain Resort offers the perfect blend of flexibility, comfort, and mountain lifestyle with conventional strata ownership. Owners have the option to enjoy the property year-round, use it as a lock-and-leave getaway, or generate rental income through Silver Star Holidays when not in personal use. This beautiful unit shows exceptionally well and is completely move-in ready for immediate enjoyment. Even better, GST is not applicable and there are no rental commitments. Ideally located close to the heart of the village, Silvercreek provides effortless ski-in/ski-out access along with outstanding amenities including underground parking, two rooftop hot tubs, a fitness centre, spacious secure owner storage, ski lockers, optional bike storage, a wax room, and more. The strata fees of $443.05 are highly inclusive, covering gas, electricity, water, sewer, garbage, cable, WiFi, and standard strata expenses. (id:63159)

Values & Trends

This listing

$686/sqft

Building average

No other active listings in this building

Silver Star average

$623/sqft

5 active listing(s)

Parking: 1 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

22

2/9 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
J W Inglis ElementaryElementary13.5 km
Armstrong ElementaryElementary13.7 km
Len Wood Middle SchoolMiddle13.8 km
Pleasant Valley SecondarySecondary13.9 km
Charles Bloom SecondaryK-1214.0 km
B X ElementaryElementary14.1 km
Crossroads Learning CentreSecondary14.2 km
Highland 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.

Nearby Places

Restaurants (2)

  • The Red Antler61 m
  • The Bulldog Grand Cafe131 m

Cafes (2)

  • Out of Bounds Bistro106 m
  • Unnamed536 m

Nearby places data: © OpenStreetMap contributors.

School district: Vernon (SD22)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($17,495) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$279,920.00
Periodic payment — Principal & Interest (monthly)$1,805.95
Additional monthly expenses (strata, tax, utilities, etc.)$539.55
Total monthly cost$2,345.50
Interest paid over 5-yr term$80,225.88
Balance at end of term$251,788.95

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$17,495
Stress test qualifying rate8.09%
Payment you must qualify for$2,556.08

Cash Needed at Closing

Minimum down payment$17,495
Estimated BC PTT$4,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$23,993

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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