Property Type: Detached HouseOwnership: Freehold

200 Melrose Court

Vernon, BC V1H1T7

$1,495,000

3 bed3.5 bath2 parking3,152 sqftBuilt 2003
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
1.13 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Strata / maintenance fee
$260/mo
Annual property tax
$7,946.46

Maintenance Fee Includes

Also included: Other, See Remarks, Reserve Fund Contributions

Interior

Heating
Forced air, See remarks
Cooling / A/C
Central air conditioning
Fireplace
Yes (1)
Fireplace type
Gas, Unknown
Flooring
Tile, Hardwood, Slate, Carpeted, Mixed Flooring

Exterior & Lot

Exterior features
Stucco

Building

Roof
Tile, Unknown

Parking

Total spaces
2 — covered indicated
Features
Attached Garage

Restrictions & Policies

Rentals
Allowed

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

Room Dimensions

RoomLevelDimensions
StorageLower level11'1'' x 20'6''
Laundry roomLower level11' x 12'
3pc BathroomLower level6'1'' x 10'3''
BedroomLower level12' x 13'1''
BedroomLower level13'6'' x 10'11''
OfficeLower level9'9'' x 12'
Recreation roomLower level21'5'' x 16'7''
2pc BathroomMain level8'11'' x 5'3''
4pc Ensuite bathMain level15'8'' x 12'1''
Primary BedroomMain level15'9'' x 16'
DenMain level11'11'' x 15'
Dining roomMain level12' x 12'1''
Living roomMain level19'10'' x 18'
KitchenMain level16'8'' x 12'

Listing Information

MLS®
10378394
Listed
March 9, 2026
Time on market
On the market for 175 days
Data last synced
August 28, 2026

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

Description

Welcome to Beverly Hills Estates - only 22 one-acre estate properties enjoyed lighted boulevards, gated privacy and a backdrop of 50 acres of private green space for walking and hiking! Fabulous views over Okanagan Lake and the valley and a quick drive down the hill to the Vernon Yacht club and lake amenities! Enjoy the country quiet knowing the City of Vernon is 10 mins away and Predator Ridge Golf, Silver Star Mountain and the Kelowna international airport in just 30-40 mins! Nestled against the green space this home enjoys a minimal care yard and maximum view! Gas fireplace, lofty coffered ceilings, central air. Primary suite on the main level and two bedrooms on the lower – perfect for your teens or guests! ‘Great room’ design opens to the super deck with stamped concrete floors, glass railings and covered area for shaded dining! The Den opens to backyard and private patio - perfect place to escape with a book! The lower-level family/TV room includes an office /study nook tucked behind French doors. Very large laundry room with mega cabinets. Hot water tank and water treatment new in 2025 . High Efficiency gas furnace and central air unit brand new in 2026. Lots of storage throughout! Double garage. Quick possession. (id:63159)

Values & Trends

This listing

$474/sqft

Building average

No other active listings in this building

Okanagan Landing average

$772/sqft

34 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

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.

Nearby Schools

SchoolTypeDistance
Okanagan Landing ElementaryElementary1.9 km
Ellison ElementaryElementary4.4 km
Clarence Fulton SecondaryElementary4.6 km
Mission Hill ElementaryElementary6.5 km
Kidston ElementaryElementary7.6 km
St James(Independent)Elementary7.9 km
Alexis Park ElementaryElementary8.0 km
Kalamalka SecondaryElementary8.2 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: Vernon (SD22)

Mortgage & Ownership Cost Calculator

Minimum required: 8.3% ($124,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,196,000.00
Periodic payment — Principal & Interest (monthly)$7,716.19
Additional monthly expenses (strata, tax, utilities, etc.)$1,080.21
Total monthly cost$8,796.39
Interest paid over 5-yr term$342,777.04
Balance at end of term$1,075,805.87

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$124,500
Stress test qualifying rate8.09%
Payment you must qualify for$10,538.67

Cash Needed at Closing

Minimum down payment$124,500
Estimated BC PTT$27,900
Legal / closing costs (typical estimate)$1,500
Total cash needed$153,900

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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