Property Type: Condo / ApartmentOwnership: Strata

3710-3712 24 Avenue

Vernon, BC V1T1L9

$2,250,000

0 parkingBuilt 1997
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Amenities

Also listed: Laundry - Coin Op

Property Details

Property & Lot

Sub-type
Multi-Family
Lot size
0.54 acres

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$3,518/mo
Annual property tax
$18,746

Maintenance Fee Includes

WaterGarbageManagement

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

Interior

Heating
Baseboard heaters, Electric
Fireplace
None
Flooring
Mixed Flooring

Exterior & Lot

Exterior features
Vinyl siding, Aluminum
View
City view, Mountain view, View of water
Waterfront
Waterfront on creek

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
0

Restrictions & Policies

Rentals
Allowed

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

Listing Information

MLS®
10386053
Listed
May 5, 2026
Time on market
On the market for 118 days
Data last synced
August 28, 2026

Listing provided by: RE/MAX Vernon · Data source: CREA DDF.

Description

Investors. How interested would you be in an investment 2 bedroom townhome for only $164,300? How about 14 of them, all at $164,300? 14 separately titled strata townhome properties in 2 separate twin buildings of 7 units each offered as one package. Each unit is currently rented with monthly rents between $800.00 and $1600.00. Each building consists of 4 near identical 2 bedroom and 1 bath 712 sq ft ground floor units and 3 upper level 2 bedroom 1 bath units averaging approximately 820 sq ft for approx. 5300 sq ft of living area per building. Good location, on the bus route and convenient to all that Vernon has to offer. Property is flat, fully usable and has a creek at the rear. Note not a foreclosure but a court ordered sale and priced to go. This property needs work but huge upside potential for someone to inject some capital and invest some time and sweat equity. Great for a solo investor, a group of friends or like minded partners, or a charity or non profit organization looking for multiple properties in 1 location. The present Vernon vacancy and rental market is quite healthy and still is a bit of a ""landlord's market"". Please note at this time the offering is only for all 14 units as 1 package. Call or visit our web page for more info, a full package or to book a viewing. (id:63159)

Values & Trends

This listing

Building average

No other active listings in this building

City of Vernon average

$357/sqft

32 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

15

3/9 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 ElementaryElementary564 m
St James(Independent)Elementary1.4 km
Ecole Beairsto ElementaryElementary1.6 km
Alexis Park ElementaryElementary1.8 km
Clarence Fulton SecondaryElementary2.0 km
W.L. Seaton SecondarySecondary2.0 km
Ellison ElementaryElementary2.2 km
Vernon SecondaryElementary2.4 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

Cafes (1)

  • Mug & Muffin · 2801B 34 Street784 m

Grocery (2)

  • FreshCo791 m
  • Canadian Wholesale Club797 m

Parks (5+)

  • Linear Park224 m
  • Linear Park372 m
  • Mission Hill Park559 m
  • Linear Park617 m
  • Unnamed756 m

Nearby places data: © OpenStreetMap contributors.

School district: Vernon (SD22)

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($450,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,800,000.00
Periodic payment — Principal & Interest (monthly)$11,612.99
Additional monthly expenses (strata, tax, utilities, etc.)$5,080.04
Total monthly cost$16,693.03
Interest paid over 5-yr term$515,885.17
Balance at end of term$1,619,105.82

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$450,000
Stress test qualifying rate8.09%
Payment you must qualify for$13,841.37

Cash Needed at Closing

Minimum down payment$450,000
Estimated BC PTT$45,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$497,000

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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