Property Type: Detached HouseOwnership: Freehold

2225 Teal Place

Vernon, BC V1H1R1

$909,000

5 bed3 bath2 parking2,840 sqftBuilt 1994
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
0.14 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,914.46

Interior

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

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
2 — covered indicated
Features
Attached Garage

Room Dimensions

RoomLevelDimensions
Living roomAdditional Accommodation16'2'' x 14'2''
KitchenAdditional Accommodation19'2'' x 10'4''
BedroomAdditional Accommodation8'11'' x 9'3''
Full bathroomAdditional Accommodation4'11'' x 9'0''
Primary BedroomAdditional Accommodation12'8'' x 12'9''
DenLower level10'3'' x 14'8''
FoyerLower level7'1'' x 14'4''
4pc BathroomMain level10'1'' x 6'3''
BedroomMain level9'5'' x 10'11''
3pc Ensuite bathMain level7'3'' x 10'0''
Primary BedroomMain level12'0'' x 13'10''
BedroomMain level9'3'' x 12'9''
Living roomMain level12'4'' x 16'7''
Dining roomMain level12'0'' x 10'10''
Family roomMain level11'8'' x 13'4''
Dining nookMain level6'5'' x 9'5''
KitchenMain level11'5'' x 12'3''

Listing Information

MLS®
10397864
Listed
August 18, 2026
Time on market
On the market for 13 days
Data last synced
August 28, 2026

Listing provided by: O'Keefe 3 Percent Realty Inc. · Data source: CREA DDF.

Description

Spacious family home with a mortgage helper, located in a quiet cul-de-sac within a family-friendly neighbourhood close to schools, parks & recreation. Offering 2,840 sq. ft. of living space, this 5-bedroom, 3-bathroom home also includes a 2-bedroom, 1-bathroom suite, making it an excellent option for those looking for rental income. The main floor offers a functional open-concept layout. The kitchen overlooks the breakfast area and family room, creating a cozy space, while a formal dining room sits just off the kitchen and connects to the bright living room. Large windows fill the front living area with natural light and offer views of the front yard. 3 bedrooms and a full bathroom are located on this level, including a generous primary bedroom with a 3-piece ensuite and access to a private deck with beautiful Bella Vista views. The lower level provides even more flexibility with a fourth bedroom, ideal for guests, a home office, or additional family space, along with laundry and convenient access to the double garage. Outside, enjoy the privacy and convenience of a cul-de-sac location, a fenced backyard, a double garage, plus walking distance to Ellison Elementary and Fulton High School. Recent improvements include AC-2022 and an upgraded 200-amp electrical panel-2023. A versatile home in a great location with plenty of space for the family and the added benefit of rental income potential. Ready to take a closer look? Schedule your private showing today! (id:63159)

Values & Trends

This listing

$320/sqft

Building average

No other active listings in this building

Okanagan Landing average

$776/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.

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

SchoolTypeDistance
Clarence Fulton SecondaryElementary266 m
Ellison ElementaryElementary610 m
Mission Hill ElementaryElementary1.9 km
Okanagan Landing ElementaryElementary2.8 km
St James(Independent)Elementary3.3 km
Alexis Park ElementaryElementary3.6 km
Ecole Beairsto ElementaryElementary3.6 km
W.L. Seaton SecondarySecondary4.0 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 (1)

  • Grahame Park253 m

Nearby places data: © OpenStreetMap contributors.

School district: Vernon (SD22)

Mortgage & Ownership Cost Calculator

Minimum required: 7.2% ($65,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$727,200.00
Periodic payment — Principal & Interest (monthly)$4,691.65
Additional monthly expenses (strata, tax, utilities, etc.)$551.54
Total monthly cost$5,243.19
Interest paid over 5-yr term$208,417.61
Balance at end of term$654,118.75

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$65,900
Stress test qualifying rate8.09%
Payment you must qualify for$6,483.14

Cash Needed at Closing

Minimum down payment$65,900
Estimated BC PTT$16,180
Legal / closing costs (typical estimate)$1,500
Total cash needed$83,580

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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