Property Type: DuplexOwnership: FreeholdRECENTLY LISTED

3503 35 Street

Vernon, BC V1T6C2

$999,000

8 bed4 bath4 parking3,936 sqftBuilt 1968
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Property Details

Property & Lot

Sub-type
Duplex
Stories
2
Lot size
0.13 acres
Frontage
60 feet

Ownership & Fees

Property type
Duplex
Ownership
Freehold
Annual property tax
$4,646

Interior

Basement
Full
Heating
Baseboard heaters, Electric
Cooling / A/C
Window air conditioner
Fireplace
None
Flooring
Laminate, Vinyl

Exterior & Lot

Exterior features
Stucco

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
4

Room Dimensions

RoomLevelDimensions
Laundry roomBasement4' x 3'
Laundry roomBasement4' x 3'
KitchenMain level15' x 9'5''
Living roomMain level17'8'' x 12'6''
Full bathroomMain level5' x 9'
Full bathroomMain level5' x 9'
BedroomMain level12'10'' x 8'11''
BedroomMain level12'10'' x 8'11''
BedroomMain level10'4'' x 9'5''
BedroomMain level10'4'' x 9'5''
BedroomBasement10'4'' x 8'5''
BedroomBasement9'10'' x 11'
Full bathroomBasement12'8'' x 5'5''
KitchenBasement16'6'' x 8'
Living roomBasement12'3'' x 15'
Primary BedroomBasement10' x 9'6''
BedroomBasement11'1'' x 8'6''
Full bathroomBasement5' x 11'
KitchenBasement8' x 14'7''
Living roomBasement12'5'' x 11'7''

Listing Information

MLS®
10398609
Listed
August 25, 2026
Time on market
On the market for 6 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Downtown Realty · Data source: CREA DDF.

Description

Welcome to an exceptional investment opportunity that offers not just one, but four renovated units in a full duplex, each equipped with modern amenities and designed for maximum rental income with above 6% cap rate! Located in a good area by Baker Park in a quiet cul-de-sac, this property is a gem for any savvy investor seeking a lucrative real estate investment. These 4 UNITS ensure a diverse rental income stream. Each unit has been meticulously updated, featuring newer kitchens, appliances, and flooring, offers two spacious bedrooms, providing comfortable living spaces for tenants and a full bathroom. Simplify property management with two sets of laundry facilities, one for each side of the duplex. This amenity will attract tenants and reduce turnover. Parking can be a premium feature for tenants. This property offers ample parking space, making it an attractive option for potential renters. Enjoy a steady cash flow and watch your investment grow over time. This property offers proximity to essential amenities such as schools, shopping, parks, and public transportation. The convenience factor will further enhance its appeal to tenants. Send your inquiry today! (id:63159)

Values & Trends

This listing

$254/sqft

Building average

No other active listings in this building

City of Vernon average

$354/sqft

4 active listing(s)

Parking: 4 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

56

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 ElementaryElementary677 m
Ecole Beairsto ElementaryElementary879 m
W.L. Seaton SecondarySecondary945 m
St James(Independent)Elementary1.1 km
Mission Hill ElementaryElementary1.6 km
Harwood ElementaryElementary1.7 km
Silver Star ElementaryElementary2.0 km
Pleasant Valley Christian Academy(Independent)Elementary/Middle2.0 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+)

  • Intermezzo Restaurant332 m
  • Boston Pizza · 3604 32 Street332 m
  • The Sprouted Fig · 3407 30th Ave455 m
  • Mr Mikes · 3908 32 Street478 m
  • The Lodge Kitchen & Bar484 m

Cafes (4)

  • Starbucks424 m
  • Triumph Coffee · 3401a 30 Avenue458 m
  • Mug & Muffin · 2801B 34 Street651 m
  • The Bean Scene · 2923 30 Avenue769 m

Grocery (3)

  • Simply Market348 m
  • FreshCo404 m
  • Canadian Wholesale Club730 m

Parks (5+)

  • Hidden Park · 3407 33 Avenue184 m
  • Hidden Park · 3412 33 Avenue228 m
  • Unnamed416 m
  • Unnamed514 m
  • Pioneer Park515 m

Shopping (4)

  • Unnamed343 m
  • Unnamed347 m
  • Unnamed358 m
  • Pinnacle General Surgery Clinic369 m

Pharmacies (1)

  • Shoppers Drug Mart357 m

Banks & ATMs (4)

  • TD Canada Trust375 m
  • VantageOne Credit Union · 3108 33 Avenue459 m
  • Scotiabank525 m
  • BMO739 m

Nearby places data: © OpenStreetMap contributors.

School district: Vernon (SD22)

Mortgage & Ownership Cost Calculator

Minimum required: 7.5% ($74,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$799,200.00
Periodic payment — Principal & Interest (monthly)$5,156.17
Additional monthly expenses (strata, tax, utilities, etc.)$584.17
Total monthly cost$5,740.33
Interest paid over 5-yr term$229,053.02
Balance at end of term$718,882.98

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$74,900
Stress test qualifying rate8.09%
Payment you must qualify for$7,106.01

Cash Needed at Closing

Minimum down payment$74,900
Estimated BC PTT$17,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$94,380

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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