Property Type: TownhouseOwnership: Strata

3405 16 Avenue Unit# 2

Vernon, BC V1T5Z1

$549,900

3 bed3.5 bath3 parking1,464 sqftBuilt 2019
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Property Details

Property & Lot

Sub-type
Row / Townhouse
Stories
3

Ownership & Fees

Property type
Townhouse
Ownership
Strata
Strata / maintenance fee
$280/mo
Annual property tax
$3,035

Maintenance Fee Includes

WaterGarbage

Also included: Ground Maintenance, Insurance, Other, See Remarks, Reserve Fund Contributions, Sewer

Interior

Heating
See remarks
Cooling / A/C
Central air conditioning
Fireplace
None
Flooring
Tile, Carpeted, Vinyl

Exterior & Lot

Exterior features
Other
View
Mountain view, Valley view

Building

Roof
Asphalt shingle, Other, Unknown

Parking

Total spaces
3 — covered indicated
Features
Attached Garage

Restrictions & Policies

Pets
Allowed, Allowed with restrictions
Rentals
Allowed

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

Room Dimensions

RoomLevelDimensions
4pc Ensuite bathSecond level10'7'' x 8'8''
Primary BedroomSecond level12'10'' x 11'10''
Full bathroomSecond level5'3'' x 8'8''
BedroomThird level13'8'' x 8'8''
BedroomSecond level10'2'' x 9'9''
Partial bathroomSecond level5'7'' x 4'7''
Living roomMain level13'3'' x 15'3''
Dining roomMain level14'8'' x 10'10''
KitchenMain level13'6'' x 9'4''
FoyerLower level4'8'' x 11'9''

Listing Information

MLS®
10389731
Listed
June 2, 2026
Time on market
On the market for 90 days
Data last synced
August 28, 2026

Listing provided by: Century 21 Assurance Realty Ltd · Data source: CREA DDF.

Description

Welcome to #2–3405 16 Avenue, a stylish and functional townhome offering modern, low-maintenance living in a quiet, well-cared-for community. Fresh paint and updated lighting enhance the bright, sophisticated interior, where a seamless open-concept design balances comfort and style. The main living space is ideal for both everyday living and entertaining, with large windows bringing in natural light. The kitchen features sleek cabinetry, stainless steel appliances, and a clean, modern aesthetic that feels both timeless and functional. Designed with families and pet owners in mind, these townhomes offer durable flooring, a practical layout, and a fully fenced backyard that creates a safe and private outdoor space. With no size restrictions for pets and close proximity to parks, dog-friendly areas, and schools, this is a home that truly supports an active lifestyle. Upstairs offers three well-proportioned bedrooms, including a spacious primary suite with a walk-in closet and ensuite. The double car garage provides ample space for vehicles, storage, or recreational gear, plus a convenient driveway parking spot. Located just minutes from Okanagan College, Vernon Jubilee Hospital, scenic trails, the lake, and everyday amenities, this home offers an exceptional blend of comfort, style, and location. (id:63159)

Values & Trends

This listing

$376/sqft

Building average

No other active listings in this building

Mission Hill average

$327/sqft

4 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

11

2/9 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
Mission Hill ElementaryElementary411 m
St James(Independent)Elementary1.2 km
Ecole Beairsto ElementaryElementary1.6 km
Vernon SecondaryElementary1.8 km
Alternative Learning ProgramSecondary2.0 km
W.L. Seaton SecondarySecondary2.2 km
Alexis Park ElementaryElementary2.3 km
Clarence Fulton SecondaryElementary2.3 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)

  • Jim's Place Pizza · 1600 32 Street216 m

Parks (5+)

  • Armoury Park562 m
  • Coutt's Common578 m
  • Maple Grove646 m
  • Polson Park659 m
  • Mission Hill Park727 m

Nearby places data: © OpenStreetMap contributors.

School district: Vernon (SD22)

Mortgage & Ownership Cost Calculator

Minimum required: 5.5% ($29,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$439,920.00
Periodic payment — Principal & Interest (monthly)$2,838.21
Additional monthly expenses (strata, tax, utilities, etc.)$606.09
Total monthly cost$3,444.30
Interest paid over 5-yr term$126,082.34
Balance at end of term$395,709.46

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$29,990
Stress test qualifying rate8.09%
Payment you must qualify for$3,997.93

Cash Needed at Closing

Minimum down payment$29,990
Estimated BC PTT$8,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$40,488

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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