206 Falcon Avenue
Vernon, BC V1H2A1
$274,900
Property Details
Property & Lot
- Sub-type
- House
- Stories
- 1
- Lot size
- 0.08 acres
- Frontage
- 46 feet
Ownership & Fees
- Property type
- Detached House
- Ownership
- Leasehold
- Annual property tax
- $199.3
Interior
- Basement
- Crawl space
- Heating
- Heat Pump, Baseboard heaters, Electric
- Cooling / A/C
- Heat Pump
- Fireplace
- Yes (1)
- Fireplace type
- Free Standing Metal
- Flooring
- Vinyl
Exterior & Lot
- Exterior features
- Other
- View
- Mountain view
Building
- Roof
- Asphalt shingle, Unknown
Parking
- Total spaces
- 4 — uncovered indicated
- Features
- Additional Parking
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Bedroom | Main level | 8'5'' x 11'4'' |
| 4pc Bathroom | Main level | 9'5'' x 7'8'' |
| Bedroom | Main level | 9'9'' x 11'3'' |
| 2pc Ensuite bath | Main level | 3'11'' x 3'10'' |
| Primary Bedroom | Main level | 13'10'' x 11'3'' |
| Dining room | Main level | 7'0'' x 11'3'' |
| Kitchen | Main level | 10'10'' x 11'3'' |
| Living room | Main level | 16'1'' x 11'8'' |
Listing Information
- MLS®
- 10374278
- Listed
- January 29, 2026
- Time on market
- On the market for 214 days
- Data last synced
- August 28, 2026
Listing provided by: Royal LePage Downtown Realty · Data source: CREA DDF.
Description
Discover comfortable, modern living in Parker Cove, a leasehold lakeside community on Okanagan Lake just a short drive from Vernon, BC. This beautifully updated rancher offers 3 bedrooms and 1.5 bathrooms, ideal for relaxed main-floor living. Step inside to bright, inviting spaces featuring updated flooring and fresh paint throughout, with convenient laundry on the main level. A full crawlspace provides excellent additional storage, perfect for seasonal items and extra belongings. The private primary bedroom features double doors that open directly to your backyard patio, creating seamless indoor-outdoor living. The outdoor space includes a lovely patio area wired for a hot tub, ideal for summer evenings and entertaining. Upgrades include updated plumbing, a 200 amp electrical panel, and air conditioning for year-round comfort. The lease is in place until 2043. Enjoy everything Parker Cove offers; from beach access and boating on Okanagan Lake to a relaxed community atmosphere, making this home well suited for full-time living or seasonal enjoyment. (id:63159)
Values & Trends
This listing
$273/sqft
Building average
—
No other active listings in this building
Okanagan North average
$298/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 | 7.2 km |
| Ellison Elementary | Elementary | 9.5 km |
| Clarence Fulton Secondary | Elementary | 9.8 km |
| Mission Hill Elementary | Elementary | 11.8 km |
| Alexis Park Elementary | Elementary | 12.6 km |
| St James(Independent) | Elementary | 13.0 km |
| Ecole Beairsto Elementary | Elementary | 13.2 km |
| W.L. Seaton Secondary | Secondary | 13.3 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)
- Unnamed293 m
- Unnamed426 m
Nearby places data: © OpenStreetMap contributors.
School district: Vernon (SD22)
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Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($13,745) — 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.

