Property Type: Land / LotOwnership: Freehold

2455 East Vernon Road

Vernon, BC V1B3A6

$699,900

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.96 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$0

Interior

Fireplace
None

Exterior & Lot

View
Mountain view, Valley view, View (panoramic)

Restrictions & Policies

Pets
Allowed
Rentals
Allowed

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Listing Information

MLS®
10397004
Listed
August 6, 2026
Time on market
On the market for 25 days
Data last synced
August 28, 2026

Listing provided by: RE/MAX Vernon · Data source: CREA DDF.

Description

Rare, Unique and Exceptional!! This one of a kind, expansive sunny 1-acre lot offers an exclusive private setting in highly sought after South BX. Gently sloping to the southwest with 164 feet of road frontage and all utilities available at the property line. Preliminary soil tests completed for residential development. Country residential zoning means Rural living at it’s best! Located within minutes of schools, lakes, golf, downtown Vernon and nestled among spacious large acreage properties this prime location ensures privacy and tranquility, with breathtaking mountain and valley views that expand towards the city centre for big sky gorgeous sunsets. A blank slate to create your dream home or estate with ample storage for Boat & RV’s and plenty of space to build your dream shop. Cultivate the space with landscaped gardens and outdoor living or develop your own curated hobby farm. Endless ideas, favourably located near various hiking trails, recreational activities, lakes and Silver Star Mountain. Imagine a sanctuary that reflects your personal vision, situated within the picturesque beauty of the Okanagan. Don’t miss the opportunity to own this unicorn piece of real estate. (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.

Nearby Schools

SchoolTypeDistance
Hillview ElementaryElementary753 m
Alternative Learning ProgramSecondary1.5 km
Vernon SecondaryElementary1.6 km
Silver Star ElementaryElementary1.7 km
Pleasant Valley Christian Academy(Independent)Elementary/Middle2.6 km
St James(Independent)Elementary2.6 km
Ecole Beairsto ElementaryElementary2.7 km
Harwood ElementaryElementary2.7 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: Vernon (SD22)

Mortgage & Ownership Cost Calculator

Minimum required: 6.4% ($44,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$559,920.00
Periodic payment — Principal & Interest (monthly)$3,612.41
Additional monthly expenses (strata, tax, utilities, etc.)$0.00
Total monthly cost$3,612.41
Interest paid over 5-yr term$160,474.68
Balance at end of term$503,649.85

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$44,990
Stress test qualifying rate8.09%
Payment you must qualify for$5,036.03

Cash Needed at Closing

Minimum down payment$44,990
Estimated BC PTT$11,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$58,488

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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