Property Type: Detached HouseOwnership: Freehold

3902 Alexis Park Drive

Vernon, BC V1T6G9

$389,000

2 bed1 bath8 parking788 sqftBuilt 1946
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Property Details

Property & Lot

Sub-type
House
Stories
1
Lot size
0.25 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$2,383.63

Interior

Heating
Baseboard heaters
Fireplace
None

Parking

Total spaces
8 — uncovered indicated
Features
Additional Parking

Room Dimensions

RoomLevelDimensions
Living roomMain level20' x 10'
Full bathroomMain level9' x 7'
KitchenMain level10' x 10'
BedroomMain level10'0'' x 10'0''
Primary BedroomMain level10'0'' x 10'0''

Listing Information

MLS®
10378511
Listed
March 7, 2026
Time on market
On the market for 177 days
Data last synced
August 28, 2026

Listing provided by: 3 Percent Realty Inc. · Data source: CREA DDF.

Description

Build your investment portfolio on this prime .25 acre real estate opportunity only minutes to downtown Vernon! This property has an impressive 89' road frontal area and planty of lot depth for a future development under the MUS (Multi-Unit Small Scale) model. This property is set for Duplex, Semi-detached, Row Housing and Townhouse designs. Use the contours of the property to create a design that maximizes occupancy. This home is approx 788 sq/ft and a complete tear down, so demolition costs are lower. Close to schools, pools, parks, shopping, skiing, hiking, biking and every other lifestyle you pursue and amenities you require, this property is in the right place. (id:63159)

Values & Trends

This listing

$494/sqft

Building average

No other active listings in this building

Alexis Park average

$284/sqft

1 active listing(s)

Parking: 8 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.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

22

5/9 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 ElementaryElementary559 m
W.L. Seaton SecondarySecondary1.2 km
Ecole Beairsto ElementaryElementary1.4 km
St James(Independent)Elementary1.6 km
Mission Hill ElementaryElementary1.8 km
Harwood ElementaryElementary2.0 km
Pleasant Valley Christian Academy(Independent)Elementary/Middle2.3 km
Silver Star 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 (3)

  • The Lodge Kitchen & Bar698 m
  • Mr Mikes · 3908 32 Street758 m
  • Boston Pizza · 3604 32 Street769 m

Grocery (1)

  • Simply Market769 m

Parks (5+)

  • Unnamed205 m
  • Pioneer Park341 m
  • Hidden Park · 3407 33 Avenue667 m
  • Hidden Park · 3412 33 Avenue687 m
  • Unnamed788 m

Shopping (2)

  • Unnamed764 m
  • Unnamed788 m

Pharmacies (1)

  • Shoppers Drug Mart798 m

Nearby places data: © OpenStreetMap contributors.

School district: Vernon (SD22)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($19,450) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$311,200.00
Periodic payment — Principal & Interest (monthly)$2,007.76
Additional monthly expenses (strata, tax, utilities, etc.)$237.64
Total monthly cost$2,245.39
Interest paid over 5-yr term$89,190.81
Balance at end of term$279,925.41

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$19,450
Stress test qualifying rate8.09%
Payment you must qualify for$2,841.71

Cash Needed at Closing

Minimum down payment$19,450
Estimated BC PTT$5,780
Legal / closing costs (typical estimate)$1,500
Total cash needed$26,730

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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