342 Mountain Drive
Vernon, BC V1H2B4
$119,000
Property Details
Property & Lot
- Sub-type
- Other
- Lot size
- 0.88 acres
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $575
Interior
- Fireplace
- None
Listing Information
- MLS®
- 10387539
- Listed
- May 14, 2026
- Time on market
- On the market for 109 days
- Data last synced
- August 28, 2026
Listing provided by: Royal LePage Elite West · Data source: CREA DDF.
Description
Build your dream home on this 0.88-acre vacant lot in Westshore Estates. Offering 38,332 sq ft of potential, this spacious property is surrounded by nature and outdoor recreation. Located just 35 minutes from Okanagan Lake, enjoy easy access to boating, fishing, hiking, and more. A great opportunity to create your ideal retreat or investment in a peaceful recreational community. (id:63159)
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.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Okanagan Landing Elementary | Elementary | 8.9 km |
| Ellison Elementary | Elementary | 11.3 km |
| Clarence Fulton Secondary | Elementary | 11.6 km |
| Mission Hill Elementary | Elementary | 13.6 km |
| Oyama Traditional School | Elementary | 14.1 km |
| Alexis Park Elementary | Elementary | 14.6 km |
| Kidston Elementary | Elementary | 14.8 km |
| St James(Independent) | Elementary | 14.9 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.
School district: Central Okanagan (SD23)
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Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($5,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.