Property Type: Detached HouseOwnership: Freehold

1802 31 Street

Vernon, BC V1T5G9

$464,999

2 bed1 bath673 sqftBuilt 1950
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
0.13 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$2,071.26

Interior

Basement
Partial
Heating
Forced air
Cooling / A/C
Window air conditioner
Fireplace
None

Room Dimensions

RoomLevelDimensions
DenBasement9'4'' x 8'6''
BedroomMain level8'6'' x 8'3''
Full bathroomMain level4'10'' x 6'
Primary BedroomMain level8'8'' x 9'6''
Living roomMain level14'10'' x 9'9''
KitchenMain level12'7'' x 13'

Listing Information

MLS®
10384245
Listed
April 22, 2026
Time on market
On the market for 131 days
Data last synced
August 28, 2026

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

Description

Charming, well-maintained 2-bedroom, 1-bathroom bungalow situated on a flat corner lot in close proximity to Vernon Jubilee Hospital, downtown amenities, groceries, restaurants, and transit. Located within Vernon’s growing medical district, this property offers both immediate livability and future potential. The main level features comfortable living spaces and a functional layout, while the lower level includes a den/flex area that could be utilized as a home office, hobby space, or additional sleeping area, plus approximately 155 sq ft of additional unfinished basement space offering further flexibility for storage or future use. Step outside to a spacious, fully fenced backyard and covered deck, ideal for relaxing or entertaining. The property also offers convenient lane access and ample on-site parking. Zoned MSH (Medium Scale Housing), this property presents potential for future development. Whether you’re looking for a home to enjoy today, an alternative to condo living with no strata fees, or a holding property with long-term potential, this is an opportunity worth exploring. (id:63159)

Values & Trends

This listing

$691/sqft

Building average

No other active listings in this building

Mission Hill average

$451/sqft

7 active listing(s)

Parking: Not indicatedStorage 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

41

8/9 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
Mission Hill ElementaryElementary802 m
St James(Independent)Elementary833 m
Ecole Beairsto ElementaryElementary1.3 km
Vernon SecondaryElementary1.4 km
Alternative Learning ProgramSecondary1.6 km
W.L. Seaton SecondarySecondary2.0 km
Silver Star ElementaryElementary2.1 km
Alexis Park ElementaryElementary2.2 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 (4)

  • Jim's Place Pizza · 1600 32 Street236 m
  • Diner on Six596 m
  • Hot Spot on 6652 m
  • Earl's Restaurant767 m

Cafes (2)

  • Tim Hortons632 m
  • Starbucks760 m

Grocery (1)

  • Save-On-Foods529 m

Parks (5+)

  • Armoury Park150 m
  • Polson Park269 m
  • Coutt's Common605 m
  • Maple Grove660 m
  • Unnamed664 m

Shopping (2)

  • Polson Place Mall506 m
  • Fruit Union Plaza762 m

Gyms (1)

  • Fitness West · 2203 Highway 6771 m

Pharmacies (2)

  • Shoppers Drug Mart566 m
  • Remedy's Rx663 m

Banks & ATMs (2)

  • RBC626 m
  • RBC710 m

Nearby places data: © OpenStreetMap contributors.

School district: Vernon (SD22)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($23,250) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$371,999.00
Periodic payment — Principal & Interest (monthly)$2,400.01
Additional monthly expenses (strata, tax, utilities, etc.)$206.61
Total monthly cost$2,606.62
Interest paid over 5-yr term$106,615.98
Balance at end of term$334,614.30

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$23,250
Stress test qualifying rate8.09%
Payment you must qualify for$3,396.90

Cash Needed at Closing

Minimum down payment$23,250
Estimated BC PTT$7,300
Legal / closing costs (typical estimate)$1,500
Total cash needed$32,050

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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