Property Type: Detached HouseOwnership: Freehold

2640 Lakeshore Road

Vernon, BC V1H1N1

$2,199,000

3 bed2 bath6 parking1,841 sqftBuilt 1960
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Property Details

Property & Lot

Sub-type
House
Stories
1
Lot size
0.36 acres
Frontage
100 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$11,093.5

Interior

Heating
Baseboard heaters
Cooling / A/C
Wall unit
Fireplace
Yes (1)
Fireplace type
Unknown, Decorative
Flooring
Mixed Flooring

Exterior & Lot

Exterior features
Stucco
View
Lake view, Valley view, View of water
Waterfront
Waterfront on lake

Parking

Total spaces
6 — covered indicated
Features
Detached Garage

Restrictions & Policies

Pets
Allowed

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

Room Dimensions

RoomLevelDimensions
Laundry roomMain level5'0'' x 5'11''
4pc BathroomMain level5'5'' x 8'7''
FoyerMain level22'10'' x 7'5''
BedroomMain level13'6'' x 11'8''
BedroomMain level20'0'' x 12'10''
OtherMain level9'8'' x 7'9''
3pc Ensuite bathMain level9'10'' x 5'4''
Primary BedroomMain level15'3'' x 13'3''
Dining roomMain level10'2'' x 20'0''
Living roomMain level22'5'' x 19'10''
KitchenMain level12'2'' x 8'8''

Listing Information

MLS®
10357438
Listed
July 31, 2025
Time on market
On the market for 396 days
Data last synced
August 28, 2026

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

Description

Discover exceptional waterfront living in the desirable area of Okanagan Landing, this rare double lot boasts 100 feet of pristine Okanagan Lake frontage on a spacious 0.36-acre landscape. Featuring a newly built dock, detached double garage, and ample space for redevelopment, the potential-filled property could serve as a serene retreat or future investment. Enjoy breathtaking lake and mountain views from your private yard, complete with a working hot tub for year-round relaxation.The charming 3-bedroom, 2-bathroom rancher has been updated with fresh paint, new flooring, and a hot water heater, combining vintage appeal with modern comfort. Inside, you’ll find a bright, functional layout, baseboard heating, and essential appliances included. Whether you're boating off your new dock, relaxing in the fenced yard, or exploring redevelopment opportunities, this lakefront gem offers it all. With municipal water, irrigation, RV parking, and immediate possession available, your Okanagan dream lifestyle starts here. (id:63159)

Values & Trends

This listing

$1,194/sqft

Building average

No other active listings in this building

Okanagan Landing average

$750/sqft

34 active listing(s)

Parking: 6 stall(s) includedStorage 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

16°C

Humidity 69%

Wind ESE 14 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 ElementaryElementary636 m
Ellison ElementaryElementary2.2 km
Clarence Fulton SecondaryElementary2.5 km
Mission Hill ElementaryElementary4.5 km
Alexis Park ElementaryElementary5.7 km
St James(Independent)Elementary5.8 km
Ecole Beairsto ElementaryElementary6.0 km
W.L. Seaton SecondarySecondary6.3 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 (3)

  • Lakers Park133 m
  • Lakeshore Park150 m
  • Kin Beach718 m

Nearby places data: © OpenStreetMap contributors.

School district: Vernon (SD22)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($439,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,759,200.00
Periodic payment — Principal & Interest (monthly)$11,349.76
Additional monthly expenses (strata, tax, utilities, etc.)$1,016.46
Total monthly cost$12,366.22
Interest paid over 5-yr term$504,191.78
Balance at end of term$1,582,406.09

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$439,800
Stress test qualifying rate8.09%
Payment you must qualify for$13,527.63

Cash Needed at Closing

Minimum down payment$439,800
Estimated BC PTT$43,970
Legal / closing costs (typical estimate)$1,500
Total cash needed$485,270

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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