Property Type: Condo / ApartmentOwnership: Strata

2555 Lakeshore Road Unit# 419

Vernon, BC V1H0A4

$259,000

0 bed1 bath1 parking335 sqftBuilt 2021
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Amenities

Also listed: Storage - Locker, Laundry - Coin Op, Racquet Courts

Property Details

Property & Lot

Sub-type
Apartment
Stories
1

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$282/mo
Annual property tax
$1,318

Interior

Heating
Heat Pump, Electric
Cooling / A/C
Wall unit, Heat Pump
Fireplace
None

Exterior & Lot

View
Mountain view, View (panoramic)
Pool
Pool

Parking

Total spaces
1 — uncovered indicated
Features
Stall

Room Dimensions

RoomLevelDimensions
Bedroom - BachelorMain level9'5'' x 10'9''
4pc BathroomMain level4'6'' x 7'7''
KitchenMain level6'6'' x 13'2''
Living roomMain level8'1'' x 10'5''

Listing Information

MLS®
10393614
Listed
July 3, 2026
Time on market
On the market for 59 days
Data last synced
August 28, 2026

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

Description

Experience the best of Okanagan living at Vita Resort, one of the few developments where short-term rentals are permitted as a Registered Strata Hotel. Offering exceptional value, this beautifully furnished fourth-floor unit features stunning mountain views, an oversized south-facing balcony, and the added benefit of no GST. Whether you're searching for a four-season getaway, an investment property, or your first home, this turnkey residence is ready to enjoy. The thoughtfully designed interior comes fully furnished and includes full-size appliances, hookups for in-suite laundry, durable vinyl plank flooring, smart storage, a storage locker, and assigned parking. Built in 2021 and located directly across from Kin Beach, you'll have Okanagan Lake, the waterfront trail, pickleball courts, paddle boarding, cycling, and endless outdoor recreation right at your doorstep. Silver Star Mountain Resort is only 30 minutes away, making this the perfect year-round retreat. Enjoy resort-style amenities including a seasonal outdoor pool, fitness centre, community BBQ area, EV charging stations, generous guest parking, and low strata fees of just $282/month. Unwind on your expansive 14' x 4'6"" private balcony while taking in beautiful lake views and spectacular Okanagan sunsets. (id:63159)

Values & Trends

This listing

$773/sqft

Building average

$821/sqft

6 active listing(s)

Okanagan Landing average

$627/sqft

22 active listing(s)

Parking: 1 stall(s) includedStorage locker: Included

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 ElementaryElementary433 m
Ellison ElementaryElementary2.2 km
Clarence Fulton SecondaryElementary2.4 km
Mission Hill ElementaryElementary4.4 km
Alexis Park ElementaryElementary5.7 km
St James(Independent)Elementary5.7 km
Ecole Beairsto ElementaryElementary6.0 km
Kidston ElementaryElementary6.3 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 (2)

  • Lakeshore Park178 m
  • Lakers Park321 m

Nearby places data: © OpenStreetMap contributors.

School district: Vernon (SD22)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($12,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$207,200.00
Periodic payment — Principal & Interest (monthly)$1,336.78
Additional monthly expenses (strata, tax, utilities, etc.)$409.01
Total monthly cost$1,745.80
Interest paid over 5-yr term$59,384.12
Balance at end of term$186,377.07

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$12,950
Stress test qualifying rate8.09%
Payment you must qualify for$1,892.04

Cash Needed at Closing

Minimum down payment$12,950
Estimated BC PTT$3,180
Legal / closing costs (typical estimate)$1,500
Total cash needed$17,630

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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