Property Type: TownhouseOwnership: Strata

3505 38 Street Unit# 218

Vernon, BC V1T6X1

$250,000

3 bed2.5 bath1,052 sqftBuilt 1971
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Property Details

Property & Lot

Sub-type
Row / Townhouse
Stories
1

Ownership & Fees

Property type
Townhouse
Ownership
Strata
Strata / maintenance fee
$537/mo
Annual property tax
$1,455.83

Interior

Heating
Baseboard heaters
Cooling / A/C
Wall unit
Fireplace
None
Flooring
Carpeted, Vinyl

Parking

Features
Stall

Restrictions & Policies

Pets
Restrictions apply, Allowed with restrictions

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

Room Dimensions

RoomLevelDimensions
BedroomMain level9'1'' x 8'10''
BedroomMain level12'6'' x 12'7''
4pc BathroomMain level7'9'' x 4'11''
2pc Ensuite bathMain level5'1'' x 4'8''
Primary BedroomMain level10'11'' x 17'
Dining roomMain level8'1'' x 9'3''
KitchenMain level7'10'' x 7'9''
Living roomMain level12' x 16'11''

Listing Information

MLS®
10392092
Listed
June 19, 2026
Time on market
On the market for 73 days
Data last synced
August 28, 2026

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

Description

A distinct opportunity for first time home buyers or investors looking to purchase a 3 bedroom, 2 bathroom home at a low entry point and build immediate equity through simple cosmetic improvements. Located on an upper level, the floor plan maximizes interior space with a functional flow and balcony. The primary bedroom features the added convenience of an attached two piece ensuite, providing a functional separation of space rare for properties at this price point. Lifestyle amenities are right at your doorstep, with downtown Vernon shopping, FreshCo, and schools all within walking distance. Recreation enthusiasts will appreciate the short drive to Okanagan and Kalamalka Lake beaches, alongside SilverStar Mountain access for year round trail use and skiing. One assigned parking stall, a storage locker are included. Non-vicious pets allowed (1 cat or 1 dog below 16” at the shoulder and under 30 lbs). (id:63159)

Values & Trends

This listing

$238/sqft

Building average

No other active listings in this building

Alexis Park average

$307/sqft

5 active listing(s)

Parking: Not indicatedStorage 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

22

4/9 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 ElementaryElementary798 m
W.L. Seaton SecondarySecondary1.4 km
Ecole Beairsto ElementaryElementary1.4 km
St James(Independent)Elementary1.5 km
Mission Hill ElementaryElementary1.6 km
Harwood ElementaryElementary2.2 km
Pleasant Valley Christian Academy(Independent)Elementary/Middle2.5 km
Silver Star ElementaryElementary2.6 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

Grocery (2)

  • Simply Market679 m
  • FreshCo697 m

Parks (5+)

  • Pioneer Park105 m
  • Unnamed448 m
  • Hidden Park · 3407 33 Avenue635 m
  • Hidden Park · 3412 33 Avenue635 m
  • Unnamed669 m

Shopping (4)

  • Unnamed676 m
  • Unnamed709 m
  • Unnamed746 m
  • Pinnacle General Surgery Clinic769 m

Pharmacies (1)

  • Shoppers Drug Mart717 m

Nearby places data: © OpenStreetMap contributors.

School district: Vernon (SD22)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($12,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$200,000.00
Periodic payment — Principal & Interest (monthly)$1,290.33
Additional monthly expenses (strata, tax, utilities, etc.)$711.25
Total monthly cost$2,001.58
Interest paid over 5-yr term$57,320.57
Balance at end of term$179,900.65

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$12,500
Stress test qualifying rate8.09%
Payment you must qualify for$1,826.29

Cash Needed at Closing

Minimum down payment$12,500
Estimated BC PTT$3,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$17,000

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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