Property Type: DuplexOwnership: Freehold

3302 Pleasant Valley Road

Vernon, BC V1T4L5

$665,000

4 bed2 bath6 parking1,824 sqftBuilt 1955
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Property Details

Property & Lot

Sub-type
Duplex
Stories
2
Lot size
0.13 acres

Ownership & Fees

Property type
Duplex
Ownership
Freehold
Annual property tax
$3,431.89

Interior

Heating
Forced air, Radiant/Infra-red Heat, See remarks
Fireplace
None

Parking

Total spaces
6 — covered indicated
Features
Carport, Rear, RV, Additional Parking

Room Dimensions

RoomLevelDimensions
OtherAdditional Accommodation8'0'' x 15'9''
BedroomAdditional Accommodation12'10'' x 11'2''
BedroomAdditional Accommodation10'8'' x 9'9''
Full bathroomAdditional Accommodation6'9'' x 6'1''
Living roomAdditional Accommodation13'3'' x 22'9''
KitchenAdditional Accommodation13'3'' x 13'4''
3pc BathroomMain level6'9'' x 5'3''
BedroomMain level10'6'' x 12'1''
Primary BedroomMain level14'0'' x 12'0''
Laundry roomMain level4'11'' x 3'4''
KitchenMain level10'6'' x 10'8''
Dining roomMain level11'1'' x 8'0''
FoyerMain level7'7'' x 11'5''
Living roomMain level15'6'' x 14'0''

Listing Information

MLS®
10394592
Listed
July 23, 2026
Time on market
On the market for 39 days
Data last synced
August 28, 2026

Listing provided by: Vantage West Realty Inc. · Data source: CREA DDF.

Description

Rare investment opportunity! City-recognized legal non-conforming duplex offering two self-contained dwelling units. Grandfathered by the City of Vernon, this exceptional property offers outstanding flexibility for investors, multi-generational families, or owner-occupants seeking valuable mortgage-helper income, with exciting long-term redevelopment potential. Situated on a 0.13-acre lot with desirable MUM (Multi-Unit Medium Scale) zoning in one of Vernon's most established neighbourhoods, this duplex features two spacious 2-bedroom, 1-bathroom suites, each with private entrances, separate laundry, dedicated storage, covered parking, and independent outdoor space. The vacant upper suite is move-in ready and full of charm, featuring beautiful original hardwood floors, an updated bathroom, abundant natural light, and excellent owner-occupier or market rental potential. The lower suite is occupied by a reliable long-term tenant who would love to stay, providing immediate income. Pride of ownership is evident throughout with updates including flooring, the upper bathroom, paint, a newer 35-year roof (approx. 7 years), newer hot water tank (2023), and recently cleaned gutters and eaves. A spacious driveway, double covered carport, and separate storage for each suite add everyday functionality. Ideally located in Vernon's desirable Pleasant Valley/East Hill, you're minutes to downtown, parks, shopping, transit, Ecole Beairsto Elementary (K-7 French Immersion), Silver Star Mountain, Kalamalka Lake, and the BX Creek Trail system. Whether you're growing your portfolio, accommodating extended family, or investing in a property with current and future upside, this versatile, city-recognized duplex is an exceptional opportunity in one of Vernon's most convenient and evolving locations. (id:63159)

Values & Trends

This listing

$365/sqft

Building average

No other active listings in this building

East Hill average

$317/sqft

1 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

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

33

5/9 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
Ecole Beairsto ElementaryElementary298 m
St James(Independent)Elementary602 m
W.L. Seaton SecondarySecondary798 m
Silver Star ElementaryElementary874 m
Harwood ElementaryElementary1.2 km
Vernon SecondaryElementary1.2 km
Pleasant Valley Christian Academy(Independent)Elementary/Middle1.4 km
Alexis Park ElementaryElementary1.5 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 Rice Box348 m
  • Nocholad & Marie’s436 m
  • Station BBQ459 m
  • Little Tex496 m
  • The Eclectic Med577 m

Cafes (5+)

  • Tim Hortons346 m
  • Blenz Coffee464 m
  • Ratio Coffee and Pastry482 m
  • Bean to Cup · 3903 27 Street514 m
  • The Bean Scene · 2923 30 Avenue590 m

Parks (5+)

  • Justice Park401 m
  • Coursier Park629 m
  • Lakeview Park629 m
  • Civic Plaza629 m
  • Civic Plaza633 m

Gyms (3)

  • MCK Athletics Training & Health · 3105 28 Street375 m
  • Okanagan Health & Fitness401 m
  • One Yoga551 m

Banks & ATMs (2)

  • VantageOne Credit Union · 3108 33 Avenue771 m
  • RBC778 m

Nearby places data: © OpenStreetMap contributors.

School district: Vernon (SD22)

Mortgage & Ownership Cost Calculator

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

Financial Ledger

Net mortgage (loan + CMHC insurance)$532,000.00
Periodic payment — Principal & Interest (monthly)$3,432.28
Additional monthly expenses (strata, tax, utilities, etc.)$376.99
Total monthly cost$3,809.27
Interest paid over 5-yr term$152,472.73
Balance at end of term$478,535.72

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$41,500
Stress test qualifying rate8.09%
Payment you must qualify for$4,794.50

Cash Needed at Closing

Minimum down payment$41,500
Estimated BC PTT$11,300
Legal / closing costs (typical estimate)$1,500
Total cash needed$54,300

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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