Property Type: Detached HouseOwnership: Freehold

3004 37 Street

Vernon, BC V1T6G5

$674,900

5 bed2 bath5 parking2,297 sqftBuilt 1959
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Property Details

Property & Lot

Sub-type
House
Stories
1
Lot size
0.12 acres
Frontage
41 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,087

Interior

Basement
Full
Heating
Forced air, See remarks
Cooling / A/C
Central air conditioning
Fireplace
Yes (1)
Flooring
Tile, Laminate

Exterior & Lot

Exterior features
Stucco, Vinyl siding

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
5 — covered indicated
Features
Detached Garage

Room Dimensions

RoomLevelDimensions
KitchenBasement9' x 7'6''
BedroomBasement9'0'' x 9'0''
Living roomBasement9' x 23'6''
DenBasement9'6'' x 11'0''
4pc BathroomBasement5'6'' x 6'3''
BedroomBasement16'0'' x 11'6''
Laundry roomBasement11'3'' x 8'0''
4pc BathroomMain level6'9'' x 8'6''
BedroomMain level11'0'' x 8'8''
BedroomMain level10'3'' x 12'0''
Primary BedroomMain level10'6'' x 12'9''
Dining roomMain level9'0'' x 12'0''
KitchenMain level16'3'' x 12'6''
Living roomMain level12'0'' x 12'0''

Listing Information

MLS®
10385213
Listed
April 28, 2026
Time on market
On the market for 125 days
Data last synced
August 28, 2026

Listing provided by: Coldwell Banker Executives Realty · Data source: CREA DDF.

Description

Versatile income property in a prime Vernon location with development potential. Just minutes from downtown, shops, restaurants, and transit, this 5-bedroom home offers excellent flexibility for both investors and homeowners. With tenants currently in place upstairs and down, it’s a solid holding property with immediate income, currently generating $4,125 per month in rental revenue. The main level features 3 bedrooms and 1 bathroom, while the fully self-contained lower suite offers 2 bedrooms, 1 bathroom, and its own laundry. There is also potential to add a 6th bedroom downstairs with the installation of a window, creating additional value and flexibility. The home has seen numerous updates over the years, including a newer roof (2017), vinyl windows on the upper level, a furnace replaced in 2021, and a hot water tank updated in 2022. The basement has been renovated with updated flooring, trim, doors, and bathroom, and includes a newer dishwasher. Plumbing has been upgraded to PEX, and the backyard is wired for a hot tub with additional electrical roughed into the detached garage. Zoned MSH (Medium Scale Housing), this property also presents future development potential, making it an attractive option for those looking to invest in a growing area. Whether you're looking for a rental property or a home with a mortgage helper, this is a strong opportunity in a highly convenient location. (id:63159)

Values & Trends

This listing

$294/sqft

Building average

No other active listings in this building

City of Vernon average

$388/sqft

22 active listing(s)

Parking: 5 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

41

7/9 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
Alexis Park ElementaryElementary1.1 km
Mission Hill ElementaryElementary1.2 km
St James(Independent)Elementary1.3 km
Ecole Beairsto ElementaryElementary1.3 km
W.L. Seaton SecondarySecondary1.5 km
Harwood ElementaryElementary2.3 km
Vernon SecondaryElementary2.4 km
Clarence Fulton SecondaryElementary2.4 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 (5+)

  • The Sprouted Fig · 3407 30th Ave513 m
  • Masiero Pizzeria Napoletana · 3301 30 Avenue624 m
  • Rosalinda's All Day Breakfast684 m
  • Intermezzo Restaurant745 m
  • Lunch Matters... Breakfast Too · 2908 32 St764 m

Cafes (2)

  • Triumph Coffee · 3401a 30 Avenue529 m
  • Mug & Muffin · 2801B 34 Street622 m

Grocery (3)

  • FreshCo388 m
  • Simply Market415 m
  • Canadian Wholesale Club695 m

Parks (5+)

  • Unnamed341 m
  • Pioneer Park375 m
  • Linear Park456 m
  • Hidden Park · 3412 33 Avenue470 m
  • Hidden Park · 3407 33 Avenue512 m

Shopping (4)

  • Unnamed414 m
  • Unnamed455 m
  • Unnamed497 m
  • Pinnacle General Surgery Clinic522 m

Pharmacies (1)

  • Shoppers Drug Mart456 m

Banks & ATMs (3)

  • Scotiabank697 m
  • BMO781 m
  • TD Canada Trust784 m

Nearby places data: © OpenStreetMap contributors.

School district: Vernon (SD22)

Mortgage & Ownership Cost Calculator

Minimum required: 6.3% ($42,490) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$539,920.00
Periodic payment — Principal & Interest (monthly)$3,483.38
Additional monthly expenses (strata, tax, utilities, etc.)$455.58
Total monthly cost$3,938.96
Interest paid over 5-yr term$154,742.62
Balance at end of term$485,659.79

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$42,490
Stress test qualifying rate8.09%
Payment you must qualify for$4,863.01

Cash Needed at Closing

Minimum down payment$42,490
Estimated BC PTT$11,498
Legal / closing costs (typical estimate)$1,500
Total cash needed$55,488

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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