Property Type: Detached HouseOwnership: Freehold

251 Predator Ridge Drive Unit# 47

Vernon, BC V1H1V2

$620,000

2 bed3.5 bath1,254 sqftBuilt 2000
Get Directions

Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
0.07 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Strata / maintenance fee
$512/mo
Annual property tax
$3,381

Maintenance Fee Includes

Management

Also included: Ground Maintenance, Recreation Facilities

Interior

Basement
Full
Heating
Forced air, See remarks
Cooling / A/C
Central air conditioning
Fireplace
Yes (1)
Fireplace type
Gas, Unknown
Flooring
Carpeted, Ceramic Tile

Exterior & Lot

View
View (panoramic)
Waterfront
Waterfront nearby
Pool
Outdoor pool

Building

Roof
Asphalt shingle, Unknown

Restrictions & Policies

Pets
Restrictions apply, Allowed with restrictions

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

Room Dimensions

RoomLevelDimensions
Laundry roomLower level5'4'' x 9'7''
FoyerMain level7'6'' x 6'10''
3pc Ensuite bathLower level8'10'' x 6'1''
BedroomLower level13'7'' x 9'5''
4pc Ensuite bathLower level5'11'' x 8'4''
Primary BedroomLower level14'2'' x 14'9''
2pc BathroomMain level6'8'' x 5'3''
Dining roomMain level8'1'' x 7'6''
KitchenMain level8'1'' x 7'11''
Living roomMain level21'0'' x 13'7''

Listing Information

MLS®
10393660
Listed
July 6, 2026
Time on market
On the market for 56 days
Data last synced
August 28, 2026

Listing provided by: Rockridge Real Estate Company · Data source: CREA DDF.

Description

Fully furnished 2 bedroom, 3 bath cottage is ready for your use up to 180 days per calendar year. You must be in the rental program a minimum of 185 days per year which offsets some of the costs of ownership. Benefit of ownership is not having to pay the $500 per night to vacation here. Stay 30 nights = $15,000 value which you should factor in as one of the reasons to justify ownership. One can now remove the cottage from the rental requirements and live in it full time. Cost is approximately $6,000 to remove it plus GST applies when you make the change. Within the strata of 41 cottages, you'll find an outdoor pool, hot tub and barbeque area. In addition. all property owners at Predator Ridge pay toward the Fitness Centre so all year you have access to an indoor pool, hot tub, steam room and exercise area. Landscaping is done for you! That cost is included in your strata fee of $512.32 per month. Two world class golf courses to play is a golfer's dream come true! And we couldn't have asked for a better neighbour just up the hill with Sparkling Hill Wellness Hotel and their beautiful world class Kurspa. Sparkling Hill was voted the world's best wellness hotel in the mountain category! Kalamalka & Okanagan Lakes are a short drive for untold hours of boating and swimming! Skiing and great biking/hiking at Silver Star Mountain is only 45 minutes away! Kelowna Airport is only 30 minutes away. See why this is one of the best places to be! (id:63159)

Values & Trends

This listing

$494/sqft

Building average

No other active listings in this building

Predator Ridge average

$583/sqft

19 active listing(s)

Parking: Not indicatedStorage 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

11

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
Okanagan Landing ElementaryElementary6.2 km
Ellison ElementaryElementary8.6 km
Clarence Fulton SecondaryElementary8.7 km
Oyama Traditional SchoolElementary9.1 km
Kidston ElementaryElementary10.0 km
Mission Hill ElementaryElementary10.4 km
Kalamalka SecondaryElementary10.6 km
Coldstream ElementaryElementary11.7 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.

Nearby Places

Restaurants (1)

  • Pallino's Italian Bistro127 m

Nearby places data: © OpenStreetMap contributors.

School district: Vernon (SD22)

Mortgage & Ownership Cost Calculator

Minimum required: 6.0% ($37,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$496,000.00
Periodic payment — Principal & Interest (monthly)$3,200.02
Additional monthly expenses (strata, tax, utilities, etc.)$857.07
Total monthly cost$4,057.09
Interest paid over 5-yr term$142,155.03
Balance at end of term$446,153.60

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$37,000
Stress test qualifying rate8.09%
Payment you must qualify for$4,483.07

Cash Needed at Closing

Minimum down payment$37,000
Estimated BC PTT$10,400
Legal / closing costs (typical estimate)$1,500
Total cash needed$48,900

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.

Request more information