205 Falcon Avenue
Vernon, BC V1H2A1
$469,900
Property Details
Property & Lot
- Sub-type
- House
- Stories
- 1
- Frontage
- 46 feet
Ownership & Fees
- Property type
- Detached House
- Ownership
- Leasehold
- Strata / maintenance fee
- $469/mo
- Annual property tax
- $1,700
Interior
- Basement
- Crawl space
- Heating
- Heat Pump, Baseboard heaters, Electric
- Cooling / A/C
- Heat Pump
- Fireplace
- Yes (1)
- Fireplace type
- Insert
- Flooring
- Vinyl
Exterior & Lot
- Exterior features
- Wood siding
- View
- Mountain view, View (panoramic)
Building
- Roof
- Asphalt shingle, Unknown
Parking
- Total spaces
- 2 — uncovered indicated
- Features
- Additional Parking
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| 3pc Ensuite bath | Main level | 8'0'' x 8'4'' |
| Other | Main level | 5'0'' x 6'4'' |
| Primary Bedroom | Main level | 16'2'' x 11'10'' |
| 4pc Bathroom | Main level | 8'0'' x 8'4'' |
| Bedroom | Main level | 10'8'' x 12'0'' |
| Family room | Main level | 22'0'' x 21'6'' |
| Laundry room | Main level | 6'8'' x 10'8'' |
| Office | Main level | 7'7'' x 9'9'' |
| Living room | Main level | 15'2'' x 24'5'' |
| Kitchen | Main level | 11'11'' x 11'7'' |
| Dining room | Main level | 11'11'' x 8'6'' |
Listing Information
- MLS®
- 10364338
- Listed
- October 1, 2025
- Time on market
- On the market for 334 days
- Data last synced
- August 28, 2026
Listing provided by: Royal LePage Downtown Realty · Data source: CREA DDF.
Description
Welcome to your perfect downsize—where quality, space, and lifestyle come together beautifully. This immaculate 2 bedroom (plus Office), 2 bathroom home offers 1,860 square feet of thoughtfully designed living space with a registered lease to 2056. The open-concept layout features easy care flooring throughout and flows effortlessly from room to room. The kitchen boasts plenty of counter space, modern finishes, and stainless steel appliances—perfect for preparing meals and entertaining. The bright living room provides ample space to relax, while the master bedroom easily accommodates a king-sized bed and includes an en-suite for added privacy and convenience. Spacious enough to live comfortably, yet perfectly sized to keep life simple—this home strikes that ideal balance downsizers dream of. Clean, contemporary finishes give it that move-in-ready appeal, so you can settle in and start living your best lakeside life right away. Nestled in a quiet, highly desirable community where residents truly love calling home, you'll enjoy access to stunning Lake Okanagan waterfront, including a private beach and boat launch. Whether you're launching the boat on a summer morning or simply soaking in the beauty of Okanagan living, this location delivers the lifestyle you've been working toward. The lease runs until 2056 with a monthly lease fee of just $469, offering long-term peace of mind and exceptional value. This is downsizing done right—less to manage, more to enjoy. Welcome home. (id:63159)
Values & Trends
This listing
$253/sqft
Building average
—
No other active listings in this building
Okanagan North average
$299/sqft
41 active listing(s)
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
7
1/9 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
| School | Type | Distance |
|---|---|---|
| Okanagan Landing Elementary | Elementary | 7.4 km |
| Ellison Elementary | Elementary | 9.7 km |
| Clarence Fulton Secondary | Elementary | 10.1 km |
| Mission Hill Elementary | Elementary | 12.0 km |
| Alexis Park Elementary | Elementary | 12.9 km |
| St James(Independent) | Elementary | 13.3 km |
| Ecole Beairsto Elementary | Elementary | 13.5 km |
| Kidston Elementary | Elementary | 13.6 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
Parks (2)
- Unnamed450 m
- Unnamed652 m
Nearby places data: © OpenStreetMap contributors.
School district: Vernon (SD22)
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Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($23,495) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.





