Property Type: DuplexOwnership: Freehold

4109 24 Avenue

Vernon, BC V1T1M1

$499,900

4 bed2 bath4 parking1,485 sqftBuilt 1972
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Property Details

Property & Lot

Sub-type
Duplex
Stories
2
Lot size
0.11 acres
Frontage
36 feet

Ownership & Fees

Property type
Duplex
Ownership
Freehold
Annual property tax
$3,084.63

Interior

Basement
Full
Heating
Forced air, See remarks
Fireplace
None
Flooring
Laminate, Other, Vinyl

Exterior & Lot

Exterior features
Stucco, Aluminum

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
4 — uncovered indicated
Features
Street

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
Utility roomBasement3'8'' x 8'1''
4pc BathroomBasement8'3'' x 11'4''
BedroomBasement12' x 9'1''
BedroomBasement11'11'' x 9'
KitchenBasement11'7'' x 11'4''
Living roomBasement13'11'' x 10'6''
4pc BathroomMain level7'2'' x 6'9''
BedroomMain level10' x 10'6''
Primary BedroomMain level10' x 10'6''
Dining roomMain level7'7'' x 9'6''
KitchenMain level7'8'' x 9'8''
Living roomMain level17'2'' x 11'9''

Listing Information

MLS®
10392140
Listed
June 22, 2026
Time on market
On the market for 70 days
Data last synced
August 28, 2026

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

Description

Opportunity knocks for investors and first-time buyers alike. This suited half duplex offers affordability, functionality, and mortgage-helping rental income. Featuring a shared entry with separate living spaces on both levels, the property includes a 2-bedroom main floor suite and a 2-bedroom basement suite, making it ideal for investors seeking cash flow or buyers looking to offset ownership costs with rental revenue. The main floor is currently tenant occupied on a month-to-month tenancy, generating $1,600 per month including utilities. The self-contained basement suite was previously rented for $1,400 per month including utilities, offering excellent income potential. Each level has its own full bathroom and separate laundry, including a new washer and dryer on the main floor and stacking washer and dryer in the basement. Recent improvements include a new roof, upgraded electrical panel to 200 amp, and interior updates throughout. Outside, the fully fenced yard is great for children and pets, while two storage sheds provide dedicated storage for each living space. Off-street parking accommodates up to four vehicles, with additional street parking available. Conveniently located near shopping, amenities, public transit, and walking trails. Whether you're looking to enter the market, build equity with rental income, or expand your investment portfolio, this versatile property presents an affordable opportunity with immediate income potential. (id:63159)

Values & Trends

This listing

$337/sqft

Building average

No other active listings in this building

South Vernon average

$361/sqft

5 active listing(s)

Parking: 4 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

7

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
Mission Hill ElementaryElementary889 m
Clarence Fulton SecondaryElementary1.5 km
Ellison ElementaryElementary1.8 km
St James(Independent)Elementary1.9 km
Alexis Park ElementaryElementary2.0 km
Ecole Beairsto ElementaryElementary2.1 km
W.L. Seaton SecondarySecondary2.4 km
Vernon SecondaryElementary2.9 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 (3)

  • Linear Park410 m
  • Unnamed562 m
  • Mission Hill Park676 m

Nearby places data: © OpenStreetMap contributors.

School district: Vernon (SD22)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($24,995) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$399,920.00
Periodic payment — Principal & Interest (monthly)$2,580.15
Additional monthly expenses (strata, tax, utilities, etc.)$331.05
Total monthly cost$2,911.20
Interest paid over 5-yr term$114,618.22
Balance at end of term$359,729.33

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$24,995
Stress test qualifying rate8.09%
Payment you must qualify for$3,651.85

Cash Needed at Closing

Minimum down payment$24,995
Estimated BC PTT$7,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$34,493

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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