Property Type: Detached HouseOwnership: Freehold

40 Kestrel Place Unit# 12

Vernon, BC V1H1S6

$1,280,000

3 bed3.5 bath2 parking1,866 sqftBuilt 2023
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
0.23 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Strata / maintenance fee
$54/mo
Annual property tax
$4,962

Maintenance Fee Includes

Also included: Other, See Remarks

Interior

Heating
Forced air, See remarks
Cooling / A/C
Central air conditioning
Fireplace
Yes (1)
Fireplace type
Insert
Flooring
Mixed Flooring

Exterior & Lot

Exterior features
Concrete
View
Lake view, Mountain view, View (panoramic)
Waterfront
Other

Building

Roof
Other, Unknown

Parking

Total spaces
2 — covered indicated
Features
Attached Garage

Restrictions & Policies

Pets
Allowed, Restrictions apply, Allowed with restrictions

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

Room Dimensions

RoomLevelDimensions
PantryMain level6' x 4'3''
Full bathroomSecond level5'2'' x 11'3''
BedroomSecond level10'2'' x 13'1''
BedroomSecond level14'11'' x 12'8''
Full ensuite bathroomSecond level11'1'' x 6'9''
Primary BedroomSecond level11'1'' x 144'11''
Dining roomMain level7'4'' x 15'7''
DenMain level9'2'' x 11'7''
Laundry roomMain level6'10'' x 6'10''
Partial bathroomMain level8'3'' x 5'2''
Living roomMain level11'1'' x 12'8''
KitchenMain level14'4'' x 15'7''

Listing Information

MLS®
10380846
Listed
March 27, 2026
Time on market
On the market for 157 days
Data last synced
August 28, 2026

Listing provided by: Sotheby's International Realty Canada · Data source: CREA DDF.

Description

Welcome to an exceptional offering in the prestigious Kestrel Estates, where refined design meets the serenity of lakeside living. Built in 2023, this impeccably crafted 3-bedroom, 2.5-bathroom residence, complete with a sophisticated den, exudes modern elegance and thoughtful detail throughout. The heart of the home is a stunning open-concept living space, where floor-to-ceiling windows flood the interior with natural light and frame uninterrupted, panoramic views of Okanagan Lake. The seamless flow between the kitchen, dining and living areas creates an ideal setting for both intimate evenings and elevated entertaining. Outdoors, indulge in exclusive access to the Lakeview Estates Community Association’s private amenities, including a pristine beach, boat launch, dock, and designated swim area—offering a truly coveted Okanagan lifestyle. Additional features include a spacious double-car garage, abundant parking and ample storage. Alll designed with convenience and luxury in mind. This is a rare and distinguished opportunity to own a near-new residence in one of the region’s most desirable communities—where every detail reflects a commitment to quality, comfort, and timeless sophistication. (id:63159)

Values & Trends

This listing

$686/sqft

Building average

No other active listings in this building

Adventure Bay average

$526/sqft

15 active listing(s)

Parking: 2 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

4

1/9 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
Okanagan Landing ElementaryElementary5.3 km
Ellison ElementaryElementary7.2 km
Clarence Fulton SecondaryElementary7.6 km
Mission Hill ElementaryElementary9.5 km
Alexis Park ElementaryElementary10.0 km
St James(Independent)Elementary10.6 km
Ecole Beairsto ElementaryElementary10.7 km
W.L. Seaton SecondarySecondary10.7 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

Parks (1)

  • Deer Park559 m

Nearby places data: © OpenStreetMap contributors.

School district: Vernon (SD22)

Mortgage & Ownership Cost Calculator

Minimum required: 8.0% ($103,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,024,000.00
Periodic payment — Principal & Interest (monthly)$6,606.50
Additional monthly expenses (strata, tax, utilities, etc.)$560.67
Total monthly cost$7,167.17
Interest paid over 5-yr term$293,481.34
Balance at end of term$921,091.31

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$103,000
Stress test qualifying rate8.09%
Payment you must qualify for$9,050.72

Cash Needed at Closing

Minimum down payment$103,000
Estimated BC PTT$23,600
Legal / closing costs (typical estimate)$1,500
Total cash needed$128,100

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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