Property Type: Detached HouseOwnership: Freehold

3802 32 Avenue

Vernon, BC V1T2N3

$449,900

1 bed1 bath1 parking696 sqftBuilt 1908
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Property Details

Property & Lot

Sub-type
House
Stories
1
Lot size
0.22 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$3,515

Interior

Basement
Full
Heating
Baseboard heaters
Fireplace
Yes (1)
Fireplace type
Unknown, Decorative
Flooring
Tile, Linoleum, Wood

Exterior & Lot

Exterior features
Wood

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
1 — covered indicated
Features
Detached Garage, 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
OtherMain level7'8'' x 8'
FoyerMain level4' x 5'6''
Laundry roomMain level5'6'' x 6'
Primary BedroomMain level9' x 10'8''
4pc BathroomMain level7' x 9'
Living roomMain level12' x 14'
Dining roomMain level6' x 6'
KitchenMain level7' x 14'

Listing Information

MLS®
10393527
Listed
July 3, 2026
Time on market
On the market for 59 days
Data last synced
August 28, 2026

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

Description

An exceptional opportunity for First time Buyer's, Single adults, those looking to increase their Real Estate porfolio and forward-thinking investors. The home presents comfort character & charm along with a large private city lot. A strategically located property in the heart of Vernon, 3802 32nd Avenue is zoned MUS (Multi-Unit Small Scale), with recently updated roads, sidewalks, alley way & services at lot line it offers tremendous redevelopment potential in one of the City's evolving growth areas. Whether you're looking to live in, ready to build or secure a high-upside land holding, this property provides flexibility & future value. The existing home can generate rental income while completing development planning. The zoning & development potential make it the perfect candidate for higher-density housing. Buyers are encouraged to explore opportunities under the CMHC MLI Select financing program, which may offer attractive financing options for qualifying purpose-built rental developments. The property offers the potential for a Floor Area Ratio (FAR) of up to 3.0, allowing for over 28,000 sq. ft. of buildable floor area. Located just minutes from downtown Vernon, shopping, schools, transit, parks, and everyday amenities, this is a rare opportunity to acquire a redevelopment site in a community experiencing significant residential growth & increasing demand for new housing. Live comfortably close to work and town, future development or holding value 3802 32 Ave has it!! (id:63159)

Values & Trends

This listing

$646/sqft

Building average

No other active listings in this building

City of Vernon average

$372/sqft

22 active listing(s)

Parking: 1 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

26

6/9 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 ElementaryElementary1.1 km
Mission Hill ElementaryElementary1.3 km
St James(Independent)Elementary1.4 km
Ecole Beairsto ElementaryElementary1.4 km
W.L. Seaton SecondarySecondary1.6 km
Clarence Fulton SecondaryElementary2.4 km
Harwood ElementaryElementary2.4 km
Ellison ElementaryElementary2.5 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 (2)

  • The Sprouted Fig · 3407 30th Ave683 m
  • Masiero Pizzeria Napoletana · 3301 30 Avenue793 m

Cafes (2)

  • Triumph Coffee · 3401a 30 Avenue698 m
  • Mug & Muffin · 2801B 34 Street799 m

Grocery (2)

  • FreshCo556 m
  • Simply Market575 m

Parks (5+)

  • Pioneer Park292 m
  • Unnamed510 m
  • Linear Park541 m
  • Linear Park601 m
  • Hidden Park · 3412 33 Avenue609 m

Shopping (4)

  • Unnamed573 m
  • Unnamed614 m
  • Unnamed657 m
  • Pinnacle General Surgery Clinic682 m

Pharmacies (1)

  • Shoppers Drug Mart617 m

Nearby places data: © OpenStreetMap contributors.

School district: Vernon (SD22)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($22,495) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$359,920.00
Periodic payment — Principal & Interest (monthly)$2,322.08
Additional monthly expenses (strata, tax, utilities, etc.)$327.92
Total monthly cost$2,650.00
Interest paid over 5-yr term$103,154.11
Balance at end of term$323,749.20

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$22,495
Stress test qualifying rate8.09%
Payment you must qualify for$3,286.59

Cash Needed at Closing

Minimum down payment$22,495
Estimated BC PTT$6,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$30,993

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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