Property Type: Land / LotOwnership: Freehold

2404 34 Street

Vernon, BC V1T5W8

$374,900

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.38 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$1,385.51

Interior

Fireplace
None

Exterior & Lot

View
City view
Waterfront
Waterfront on stream

Listing Information

MLS®
10366015
Listed
October 17, 2025
Time on market
On the market for 319 days
Data last synced
August 28, 2026

Listing provided by: Oakwyn Realty Okanagan · Data source: CREA DDF.

Description

Calling all Builders, Developers, and Investors! Don't miss out on this incredible opportunity! Situated on a sprawling 0.38-acre lot (16550 sqft),this property offers a serene park-like setting surrounded by majestic trees, frequented by wildlife, and featuring a delightful running creek. Zoned RM2 with Mixed Residential/Commercial designation in the Official Community Plan, the potential here is limitless. Whether you're dreaming of building your own creekfront home or envisioning a future office, studio, care center, or retail space, this lot has you covered. Conveniently located near downtown Vernon, Mission Hill Elementary School, Vernon Jubilee Hospital, and Polson Park, with easy highway access, this property offers both tranquility and accessibility. Plus, with neighboring properties undergoing development, there's promising potential for investment growth. Seize the opportunity to be at the heart of everything Vernon has to offer and bring your vision to life on this exceptional lot! (id:63159)

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

63

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
St James(Independent)Elementary685 m
Mission Hill ElementaryElementary783 m
Ecole Beairsto ElementaryElementary1.0 km
W.L. Seaton SecondarySecondary1.6 km
Alexis Park ElementaryElementary1.6 km
Vernon SecondaryElementary1.7 km
Silver Star ElementaryElementary2.0 km
Alternative Learning ProgramSecondary2.1 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 (5+)

  • Earl's Restaurant303 m
  • Rosalinda's All Day Breakfast348 m
  • Lunch Matters... Breakfast Too · 2908 32 St429 m
  • Masiero Pizzeria Napoletana · 3301 30 Avenue468 m
  • The Sprouted Fig · 3407 30th Ave471 m

Cafes (5+)

  • Mug & Muffin · 2801B 34 Street282 m
  • Starbucks325 m
  • Triumph Coffee · 3401a 30 Avenue470 m
  • Tim Hortons526 m
  • The Bean Scene · 2923 30 Avenue654 m

Grocery (3)

  • Canadian Wholesale Club221 m
  • FreshCo538 m
  • Simply Market584 m

Parks (5+)

  • Linear Park161 m
  • Unnamed381 m
  • Linear Park388 m
  • Unnamed549 m
  • Polson Park572 m

Shopping (5+)

  • Fruit Union Plaza359 m
  • Pinnacle General Surgery Clinic561 m
  • Unnamed568 m
  • Unnamed578 m
  • Unnamed589 m

Gyms (1)

  • One Yoga686 m

Pharmacies (2)

  • Remedy's Rx138 m
  • Shoppers Drug Mart568 m

Banks & ATMs (5+)

  • BMO296 m
  • RBC485 m
  • Scotiabank489 m
  • VantageOne Credit Union · 3108 33 Avenue705 m
  • TD Canada Trust777 m

Nearby places data: © OpenStreetMap contributors.

School district: Vernon (SD22)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($18,745) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$299,920.00
Periodic payment — Principal & Interest (monthly)$1,934.98
Additional monthly expenses (strata, tax, utilities, etc.)$115.46
Total monthly cost$2,050.44
Interest paid over 5-yr term$85,957.93
Balance at end of term$269,779.01

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$18,745
Stress test qualifying rate8.09%
Payment you must qualify for$2,738.71

Cash Needed at Closing

Minimum down payment$18,745
Estimated BC PTT$5,498
Legal / closing costs (typical estimate)$1,500
Total cash needed$25,743

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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