3601 31 Street
Vernon, BC V1T5J4
$999,900
Property Details
Property & Lot
- Sub-type
- Multi-Family
- Stories
- 2
- Lot size
- 0.15 acres
Ownership & Fees
- Property type
- Other
- Ownership
- Freehold
- Annual property tax
- $2,602
Interior
- Heating
- Forced air, See remarks
- Fireplace
- Yes
- Fireplace type
- Free Standing Metal
- Flooring
- Laminate
Exterior & Lot
- Exterior features
- Vinyl siding
- View
- City view, View (panoramic)
Building
- Roof
- Asphalt shingle, Unknown
Parking
- Total spaces
- 6 — uncovered indicated
- Features
- Offset, Rear
Restrictions & Policies
- Pets
- Allowed
- Rentals
- Allowed
As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.
Listing Information
- MLS®
- 10393562
- Listed
- August 5, 2026
- Time on market
- On the market for 26 days
- Data last synced
- August 28, 2026
Listing provided by: RE/MAX Vernon · Data source: CREA DDF.
Description
Great investment opportunity in Downtown Vernon! Central location right near Civic Memorial Park, and the Vernon Tourism Office. A nicely renovated 6-Plex which includes 5 x 1 Bedroom Suites, as well as 1 Bachelor suite. Fully rented with great tenants, ( 2026 projected rental Income ) $6,164 total per month ($73,968 per year) , of rental income. Easy to manage building, with the location & affordability, the suites rent quickly when available. Coin Operated Laundry Room. Many upgrades include paint, flooring, and 2 fireplaces. Zoning CMUB ( Commercial Mixed Use Buisness) allows for many uses see supplements for list of permitted uses. (id:63159)
Values & Trends
This listing
$400/sqft
Building average
—
No other active listings in this building
City of Vernon average
—
No comparable active listings
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
59
8/9 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
| School | Type | Distance |
|---|---|---|
| Ecole Beairsto Elementary | Elementary | 412 m |
| W.L. Seaton Secondary | Secondary | 573 m |
| St James(Independent) | Elementary | 770 m |
| Alexis Park Elementary | Elementary | 828 m |
| Harwood Elementary | Elementary | 1.3 km |
| Silver Star Elementary | Elementary | 1.5 km |
| Pleasant Valley Christian Academy(Independent) | Elementary/Middle | 1.6 km |
| Mission Hill Elementary | Elementary | 1.8 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+)
- Boston Pizza · 3604 32 Street186 m
- Little Tex261 m
- Intermezzo Restaurant262 m
- Mr Mikes · 3908 32 Street350 m
- Eatology388 m
Cafes (5+)
- Starbucks151 m
- Tim Hortons352 m
- Ratio Coffee and Pastry470 m
- Bean to Cup · 3903 27 Street473 m
- The Bean Scene · 2923 30 Avenue485 m
Grocery (3)
- Simply Market616 m
- FreshCo670 m
- Canadian Wholesale Club771 m
Parks (5+)
- Civic Memorial Park · 3003 37 Avenue151 m
- Civic Plaza227 m
- Civic Plaza243 m
- Transit Park375 m
- Cenotaph Park425 m
Shopping (5+)
- Pinnacle General Surgery Clinic536 m
- Unnamed551 m
- Unnamed582 m
- Unnamed614 m
- Fruit Union Plaza720 m
Gyms (3)
- MCK Athletics Training & Health · 3105 28 Street450 m
- One Yoga496 m
- Okanagan Health & Fitness665 m
Pharmacies (1)
- Shoppers Drug Mart587 m
Banks & ATMs (5+)
- TD Canada Trust236 m
- VantageOne Credit Union · 3108 33 Avenue287 m
- Scotiabank505 m
- BMO707 m
- Unnamed764 m
Nearby places data: © OpenStreetMap contributors.
School district: Vernon (SD22)
Similar Listings Nearby
Similar active properties nearby based on property type, price, and size.
Mortgage & Ownership Cost Calculator
Minimum required: 7.5% ($74,990) — 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.