Property Type: Land / LotOwnership: Freehold

2445 Okanagan Street

Armstrong, BC V0E1B1

$339,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.73 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$1,517

Interior

Fireplace
None

Listing Information

MLS®
10380554
Listed
March 26, 2026
Time on market
On the market for 158 days
Data last synced
August 28, 2026

Listing provided by: REMAX Kelowna · Data source: CREA DDF.

Description

A rare and private 3/4 acre parcel of flat land in a convenient Armstrong location. Majority of trees have been removed so it's an open canvass while still maintaining some important growth for your chosen privacy. Build your dream home in your choice of building styles or build up to 4 units, the zoning allows a variety of choices. Plenty of room for up to 3 storeys or something without stairs like a rancher, with or without a basement. The options are plentiful. Panhandle access so you'll be set back from the street for extra privacy too! (id:63159)

Location Insights

Weather

Nearest station: Vernon

16°C

Humidity 68%

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

5,323

(2021 Census)

+4.1% since 2016

Density: 1,019.7/km²

Dwellings: 2,292

Median household income: $77,500

After-tax: $70,000

Immigrant population: 7.1%

Top countries of origin (% of total population)

  • United Kingdom2% · 105
  • United States of America1.3% · 70
  • Netherlands0.6% · 30
  • Germany0.4% · 20
  • India0.4% · 20
  • Philippines0.3% · 15
  • Mexico0.2% · 10
  • Italy0.2% · 10

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Armstrong ElementaryElementary876 m
Len Wood Middle SchoolMiddle1.1 km
Pleasant Valley SecondarySecondary1.4 km
Highland Park ElementaryElementary1.4 km
North Okanagan Junior Academy(Independent)Elementary/Middle8.0 km
M.V. Beattie ElementaryElementary13.3 km
A.L. Fortune SecondaryK-1213.9 km
Vernon Christian School(Independent)K-1214.8 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: Okanagan-Shuswap (SD83)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($16,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$271,200.00
Periodic payment — Principal & Interest (monthly)$1,749.69
Additional monthly expenses (strata, tax, utilities, etc.)$126.42
Total monthly cost$1,876.11
Interest paid over 5-yr term$77,726.70
Balance at end of term$243,945.28

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$16,950
Stress test qualifying rate8.09%
Payment you must qualify for$2,476.45

Cash Needed at Closing

Minimum down payment$16,950
Estimated BC PTT$4,780
Legal / closing costs (typical estimate)$1,500
Total cash needed$23,230

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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