Property Type: Detached HouseOwnership: Leasehold

270 Grouse Avenue

Vernon, BC V1H2A1

$395,000

3 bed3.5 bath3 parking2,100 sqftBuilt 2014
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Property Details

Property & Lot

Sub-type
House
Style
Ranch
Stories
1
Frontage
49 feet

Ownership & Fees

Property type
Detached House
Ownership
Leasehold
Annual property tax
$1,707.99

Interior

Basement
Full
Heating
Heat Pump, Electric
Cooling / A/C
Heat Pump
Fireplace
None
Flooring
Laminate, Carpeted, Linoleum
Appliances
Washer, Refrigerator, Range - Electric, Dishwasher, Dryer, Microwave

Exterior & Lot

Exterior features
Other
View
Mountain view, View (panoramic)
Waterfront
Other
Lot features
Corner Site, Central island

Building

Roof
Asphalt shingle, Unknown
Water source
Community Water System
Sewer
Septic tank
Security
Smoke Detector Only
Parcel ID (PID)
000-000-000

Parking

Total spaces
3 — covered indicated
Features
Attached Garage

Room Dimensions

RoomLevelDimensions
KitchenMain level11'6'' x 11'6''
Living roomMain level18'0'' x 12'0''
Primary BedroomMain level13'0'' x 14'0''
DenMain level8'0'' x 10'0''
4pc Ensuite bathMain level
2pc BathroomMain level
4pc BathroomBasement
Laundry roomMain level10'0'' x 6'6''
BedroomBasement10'0'' x 10'0''
BedroomBasement10'0'' x 10'0''
Family roomBasement11'0'' x 19'6''

Listing Information

MLS®
10380205
Listed
March 20, 2026
Time on market
On the market for 164 days
Data last synced
September 1, 2026

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

Description

Welcome to 270 Grouse Avenue in Parker Cove! Set on a beautifully maintained corner lot, this immaculate home offers comfort, space, and exceptional value in a welcoming lakeside community. Step inside to a bright and spacious main floor, where the living room flows seamlessly into a well-appointed kitchen featuring stainless steel appliances, a central island for casual dining, and plenty of storage. The generous primary bedroom includes a walk-in closet and a full ensuite, creating a perfect private retreat. Also on the main level, you’ll find a cozy den, convenient laundry area, and a stylish 2-piece powder room. Downstairs, the fully finished lower level boasts a large family room—ideal for relaxing or entertaining—along with two additional bedrooms and a full bathroom, offering plenty of space for family or guests. This home is loaded with extras, including underground irrigation, a heat pump for year-round comfort, an attached garage, and a covered side patio perfect for outdoor dining or morning coffee. There’s even a built-in vacuum system with a handy kitchen crumb catcher. Offered with a current annual lease amount of $3,533.59 with the lease being registered until 2043, this property is an excellent opportunity for budget-conscious buyers. Residents of Parker Cove enjoy access to over 2,000 feet of pristine Okanagan Lake shoreline, complete with a beachfront playground for family fun. A fantastic combination of space, features, and location—this well-maintained home is ready to welcome its next owners. (id:63159)

Values & Trends

This listing

$188/sqft

Building average

No other active listings in this building

Okanagan North average

$300/sqft

41 active listing(s)

Parking: 3 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

7

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 ElementaryElementary7.4 km
Ellison ElementaryElementary9.7 km
Clarence Fulton SecondaryElementary10.1 km
Mission Hill ElementaryElementary12.0 km
Alexis Park ElementaryElementary12.9 km
St James(Independent)Elementary13.3 km
Ecole Beairsto ElementaryElementary13.5 km
W.L. Seaton SecondarySecondary13.6 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)

  • Unnamed410 m
  • Unnamed617 m

Nearby places data: © OpenStreetMap contributors.

School district: Vernon (SD22)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($19,750) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$316,000.00
Periodic payment — Principal & Interest (monthly)$2,038.72
Additional monthly expenses (strata, tax, utilities, etc.)$247.33
Total monthly cost$2,286.06
Interest paid over 5-yr term$90,566.51
Balance at end of term$284,243.02

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$19,750
Stress test qualifying rate8.09%
Payment you must qualify for$2,885.54

Cash Needed at Closing

Minimum down payment$19,750
Estimated BC PTT$5,900
Legal / closing costs (typical estimate)$1,500
Total cash needed$27,150

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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