Property Type: DuplexOwnership: Freehold

1801 42A Street

Vernon, BC V1T7H3

$599,900

4 bed2 bath4 parking1,564 sqftBuilt 1974
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Property Details

Property & Lot

Sub-type
Duplex
Stories
1
Lot size
0.09 acres
Frontage
42 feet

Ownership & Fees

Property type
Duplex
Ownership
Freehold
Annual property tax
$2,903

Interior

Basement
Full
Heating
See remarks
Cooling / A/C
Wall unit
Fireplace
None
Flooring
Laminate

Exterior & Lot

Exterior features
Aluminum

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
4 — covered indicated
Features
Carport, Rear, Additional Parking

Room Dimensions

RoomLevelDimensions
Dining roomBasement6'6'' x 11'3''
3pc BathroomBasement7'0'' x 6'6''
BedroomBasement10'7'' x 12'3''
BedroomBasement14'2'' x 10'7''
Living roomBasement11'3'' x 12'10''
KitchenBasement9'3'' x 13'2''
OtherMain level11'0'' x 30'0''
4pc BathroomMain level6'6'' x 11'2''
BedroomMain level11'3'' x 8'6''
Primary BedroomMain level13'1'' x 11'2''
Living roomMain level18'1'' x 12'2''
Dining roomMain level7'4'' x 4'3''
KitchenMain level10'9'' x 10'8''

Listing Information

MLS®
10384148
Listed
April 27, 2026
Time on market
On the market for 126 days
Data last synced
August 28, 2026

Listing provided by: Oakwyn Realty Okanagan-Letnick Estates · Data source: CREA DDF.

Description

Welcome to this updated half duplex in Vernon! Offering excellent flexibility and strong investment potential, this property is a great option for buyers looking for a solid rental or a home with built-in income. Located in a convenient South Vernon neighbourhood, this property offers easy access to schools, parks, transit, and nearby Okanagan Landing amenities. With a flat, walkable setting and a quiet residential feel, it’s a practical location for both tenants and homeowners alike. Extensively updated in 2022, this home has already had the big-ticket items taken care of, including a new asphalt shingle roof, windows and doors, paint, vinyl flooring, light fixtures, kitchen cabinets and countertops, and all appliances (laundry, stove, and fridge). This makes it a true move-in ready option with very little left to do. The property is set up as two completely self-contained suites, with 2 bedrooms and 1 bathroom on each level. Both the upper and lower suites have their own kitchens, living areas, and separate entrances, making this an ideal setup for rental income or extended family living. Outside, the property features a flat and usable yard with space for kids, pets, or entertaining, along with ample parking. Whether you’re an investor or looking to offset your mortgage, this property offers excellent value and flexibility. Book your showing today! (id:63159)

Values & Trends

This listing

$384/sqft

Building average

No other active listings in this building

South Vernon average

$351/sqft

5 active listing(s)

Parking: 4 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 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.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

26

5/9 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
Clarence Fulton SecondaryElementary890 m
Ellison ElementaryElementary1.1 km
Mission Hill ElementaryElementary1.2 km
St James(Independent)Elementary2.4 km
Alexis Park ElementaryElementary2.6 km
Ecole Beairsto ElementaryElementary2.7 km
W.L. Seaton SecondarySecondary3.0 km
Vernon SecondaryElementary3.4 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 (1)

  • Lynn's Vietnamese685 m

Cafes (1)

  • Tim Hortons591 m

Grocery (2)

  • Buy Low Foods691 m
  • Okanagan Landing Plaza697 m

Parks (2)

  • Unnamed174 m
  • Grahame Park780 m

Gyms (1)

  • Unnamed677 m

Nearby places data: © OpenStreetMap contributors.

School district: Vernon (SD22)

Mortgage & Ownership Cost Calculator

Minimum required: 5.8% ($34,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$479,920.00
Periodic payment — Principal & Interest (monthly)$3,096.28
Additional monthly expenses (strata, tax, utilities, etc.)$319.92
Total monthly cost$3,416.20
Interest paid over 5-yr term$137,546.45
Balance at end of term$431,689.59

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$34,990
Stress test qualifying rate8.09%
Payment you must qualify for$4,343.96

Cash Needed at Closing

Minimum down payment$34,990
Estimated BC PTT$9,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$46,488

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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