Property Type: Land / LotOwnership: Freehold

294 Grange Drive

Vernon, BC V1H1G4

$660,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.25 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$3,432

Interior

Fireplace
None

Listing Information

MLS®
10369828
Listed
November 21, 2025
Time on market
On the market for 283 days
Data last synced
August 28, 2026

Listing provided by: Sotheby's International Realty Canada · Data source: CREA DDF.

Description

Build your Okanagan dream home on this exceptional 72.44 w x 132.10 l (10,890 square foot) corner lot , the final available lot on this quiet street in the prestigious Predator Ridge community. With only one neighbouring property and unobstructed exposure backing onto peaceful ALR farmland, this homesite offers rare privacy along with stunning mountain, valley, and lake views. GST has already been paid. Ready for construction bring your own custom plans or use the full set of luxury home plans by Alignwest Homes. The proposed home plans include a 4,749 square foot modern residence features an oversized double garage, home theatre, gym, inground pool, and expansive outdoor living areas designed to maximize the surrounding natural beauty. Living at Predator Ridge means access to world-class amenities including championship golf, indoor and outdoor tennis and pickleball courts, a 35 km network of maintained biking and walking trails, a state-of-the-art fitness centre, yoga platforms, and exclusive drop-in access to the renowned KurSpa at Sparkling Hill Resort. (id:63159)

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

4

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 ElementaryElementary6.4 km
Oyama Traditional SchoolElementary8.6 km
Ellison ElementaryElementary8.7 km
Clarence Fulton SecondaryElementary8.8 km
Kidston ElementaryElementary9.8 km
Kalamalka SecondaryElementary10.3 km
Mission Hill ElementaryElementary10.4 km
Coldstream ElementaryElementary11.4 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 Bistro537 m

Nearby places data: © OpenStreetMap contributors.

School district: Vernon (SD22)

Mortgage & Ownership Cost Calculator

Minimum required: 6.2% ($41,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$528,000.00
Periodic payment — Principal & Interest (monthly)$3,406.48
Additional monthly expenses (strata, tax, utilities, etc.)$286.00
Total monthly cost$3,692.48
Interest paid over 5-yr term$151,326.32
Balance at end of term$474,937.71

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$41,000
Stress test qualifying rate8.09%
Payment you must qualify for$4,759.89

Cash Needed at Closing

Minimum down payment$41,000
Estimated BC PTT$11,200
Legal / closing costs (typical estimate)$1,500
Total cash needed$53,700

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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