Property Type: Condo / ApartmentOwnership: Strata

3221 Centennial Drive Unit# 401

Vernon, BC V1T2T8

$360,000

2 bed2 bath1 parking1,080 sqftBuilt 1995
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Property Details

Property & Lot

Sub-type
Apartment
Stories
1

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$467/mo
Annual property tax
$1,873

Interior

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

Parking

Total spaces
1 — uncovered indicated
Features
Parkade

Restrictions & Policies

Pets
Restrictions apply, Allowed with restrictions
Age / occupancy
Seniors-oriented community

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

Room Dimensions

RoomLevelDimensions
FoyerMain level6'2'' x 14'1''
Dining roomMain level9'3'' x 10'10''
Laundry roomMain level3'8'' x 5'
BedroomMain level9'10'' x 12'8''
3pc Ensuite bathMain level4'9'' x 9'1''
4pc BathroomMain level7'3'' x 8'3''
Primary BedroomMain level13' x 11'2''
Living roomMain level10'9'' x 18'10''
KitchenMain level8' x 12'

Listing Information

MLS®
10395191
Listed
July 20, 2026
Time on market
On the market for 42 days
Data last synced
August 28, 2026

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

Description

Top Floor Corner Unit in Royal Village (19+)! Bright and spacious south-facing 2-bedroom, 2-bathroom corner condo offering 9' ceilings, abundant natural light, and a functional floor plan with bedrooms thoughtfully positioned on opposite sides for added privacy. The efficient galley kitchen features a convenient pass-through to the living room and adjoins the dining area, making entertaining easy. Enjoy the sunny balcony, perfect for morning coffee or relaxing at the end of the day. Additional features include in-unit laundry, generous closet space, secure underground parking, and storage locker #36. Royal Village is a well-maintained building offering secure entry, underground parking, an exercise room, and a reading room. Ideally located within walking distance to downtown Vernon, grocery stores, restaurants, parks, hiking trails, transit, the Vernon Recreation Centre, and the Schubert Centre. One cat, one caged bird, or fish permitted. No rentals allowed. A fantastic opportunity for affordable, secure, low-maintenance living in a highly convenient location. (id:63159)

Values & Trends

This listing

$333/sqft

Building average

No other active listings in this building

City of Vernon average

$357/sqft

31 active listing(s)

Parking: 1 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

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

63

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 ElementaryElementary875 m
Ecole Beairsto ElementaryElementary960 m
St James(Independent)Elementary1.0 km
W.L. Seaton SecondarySecondary1.1 km
Mission Hill ElementaryElementary1.4 km
Harwood ElementaryElementary1.9 km
Silver Star ElementaryElementary2.1 km
Vernon SecondaryElementary2.2 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 Ave323 m
  • Intermezzo Restaurant400 m
  • Masiero Pizzeria Napoletana · 3301 30 Avenue404 m
  • Boston Pizza · 3604 32 Street501 m
  • Rosalinda's All Day Breakfast519 m

Cafes (5+)

  • Triumph Coffee · 3401a 30 Avenue332 m
  • Mug & Muffin · 2801B 34 Street512 m
  • Starbucks599 m
  • Starbucks724 m
  • The Bean Scene · 2923 30 Avenue768 m

Grocery (3)

  • Simply Market188 m
  • FreshCo226 m
  • Canadian Wholesale Club595 m

Parks (5+)

  • Hidden Park · 3412 33 Avenue138 m
  • Hidden Park · 3407 33 Avenue159 m
  • Unnamed221 m
  • Pioneer Park445 m
  • Linear Park615 m

Shopping (5+)

  • Unnamed183 m
  • Unnamed210 m
  • Unnamed244 m
  • Pinnacle General Surgery Clinic266 m
  • Fruit Union Plaza748 m

Pharmacies (2)

  • Shoppers Drug Mart219 m
  • Remedy's Rx745 m

Banks & ATMs (4)

  • TD Canada Trust443 m
  • Scotiabank460 m
  • VantageOne Credit Union · 3108 33 Avenue491 m
  • BMO634 m

Nearby places data: © OpenStreetMap contributors.

School district: Vernon (SD22)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($18,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$288,000.00
Periodic payment — Principal & Interest (monthly)$1,858.08
Additional monthly expenses (strata, tax, utilities, etc.)$677.20
Total monthly cost$2,535.28
Interest paid over 5-yr term$82,541.63
Balance at end of term$259,056.93

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$18,000
Stress test qualifying rate8.09%
Payment you must qualify for$2,629.86

Cash Needed at Closing

Minimum down payment$18,000
Estimated BC PTT$5,200
Legal / closing costs (typical estimate)$1,500
Total cash needed$24,700

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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