Property Type: Detached HouseOwnership: Freehold

378 Lakewood Road

Vernon, BC V1T7Z3

$600,000

3 bed2 bath12 parking1,997 sqftBuilt 2020
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
0.6 acres
Frontage
85 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$0

Interior

Heating
See remarks, Hot Water
Fireplace
Yes (1)
Fireplace type
Wood, Conventional
Flooring
Concrete, Laminate

Exterior & Lot

Exterior features
Metal
View
View (panoramic)
Waterfront
Other

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
12 — covered indicated
Features
Attached Garage, Oversize, Additional Parking

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.

Room Dimensions

RoomLevelDimensions
Primary BedroomMain level9'11'' x 12'2''
Living roomMain level8'3'' x 22'10''
KitchenMain level10'10'' x 19'9''
BedroomMain level9'9'' x 10'4''
Full bathroomMain level5' x 8'2''
OtherLower level43'2'' x 35'1''
OtherLower level17'11'' x 22'8''
OtherLower level7'4'' x 2'10''
BedroomLower level16'7'' x 12'8''
Full bathroomLower level7'6'' x 5'11''

Listing Information

MLS®
10394157
Listed
July 15, 2026
Time on market
On the market for 47 days
Data last synced
August 28, 2026

Listing provided by: Coldwell Banker Executives Realty · Data source: CREA DDF.

Description

Welcome to your private Fintry retreat! Built in 2021 and set on a peaceful 0.60-acre lot, this modern country home offers the perfect blend of comfort, efficiency, and opportunity. Step inside to vaulted ceilings, and expansive windows that flood the home with natural light, and warm wood accents that create an inviting atmosphere. Cozy up beside the wood-burning fireplace on cool evenings or enjoy the benefits of solar panels and hot water on demand for energy-efficient living. Designed with an open-concept layout, this home provides a fantastic canvas to add your own finishing touches and make it uniquely yours. Outside, you'll appreciate the privacy and space to relax, entertain, or simply enjoy the surrounding nature. Located just minutes from Okanagan Lake access, boat launches, beaches, hiking trails, and Fintry Provincial Park, this property is ideal for those seeking a peaceful rural lifestyle without sacrificing recreation. Whether you're looking for a full-time residence or a weekend escape, 378 Lakewood Road offers value and endless potential. Get your favorite agent to book you a viewing today! (id:63159)

Values & Trends

This listing

$300/sqft

Building average

No other active listings in this building

Fintry average

$529/sqft

30 active listing(s)

Parking: 12 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

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.

Nearby Schools

SchoolTypeDistance
Okanagan Landing ElementaryElementary9.2 km
Ellison ElementaryElementary11.6 km
Clarence Fulton SecondaryElementary11.9 km
Mission Hill ElementaryElementary13.9 km
Oyama Traditional SchoolElementary14.3 km
Alexis Park ElementaryElementary14.9 km
Kidston ElementaryElementary15.1 km
St James(Independent)Elementary15.2 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)

Mortgage & Ownership Cost Calculator

Minimum required: 5.8% ($35,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$480,000.00
Periodic payment — Principal & Interest (monthly)$3,096.80
Additional monthly expenses (strata, tax, utilities, etc.)$100.00
Total monthly cost$3,196.80
Interest paid over 5-yr term$137,569.38
Balance at end of term$431,761.55

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$35,000
Stress test qualifying rate8.09%
Payment you must qualify for$4,344.65

Cash Needed at Closing

Minimum down payment$35,000
Estimated BC PTT$10,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$46,500

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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