Property Type: DuplexOwnership: Freehold

4202 16 Avenue

Vernon, BC V1T6P1

$599,900

4 bed2.5 bath1 parking1,696 sqftBuilt 1973
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Property Details

Property & Lot

Sub-type
Duplex
Stories
2
Lot size
0.09 acres
Frontage
37 feet

Ownership & Fees

Property type
Duplex
Ownership
Freehold
Annual property tax
$2,740

Interior

Basement
Partial
Heating
See remarks
Fireplace
None
Flooring
Tile, Laminate, Vinyl

Exterior & Lot

Exterior features
Stucco
View
Mountain view

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
1 — covered indicated
Features
Carport

Room Dimensions

RoomLevelDimensions
Partial bathroomBasement6'10''
BedroomBasement9'7'' x 7'2''
StorageBasement9'7'' x 14'4''
Family roomBasement11'5'' x 16'
StorageBasement11'5'' x 9'8''
BedroomBasement9'7'' x 13'5''
Primary BedroomMain level11'4'' x 13'5''
BedroomMain level9'7'' x 13'5''
4pc BathroomMain level6' x 10'8''
Living roomMain level15'2'' x 10'11''
Dining roomMain level10'1'' x 11'2''
KitchenMain level10'8'' x 9'10''

Listing Information

MLS®
10396479
Listed
July 31, 2026
Time on market
On the market for 31 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Kelowna · Data source: CREA DDF.

Description

Great opportunity to own an affordable and well-cared-for half duplex. With recent updates throughout the home up and down, it is ready for you to move in and call it your own! both the kitchen has beautiful new cabinets, countertops and feature new tiling and flooring throughout the home. There are 2 spacious bedrooms upstairs, and a nice balcony for you to sit on and enjoy your morning coffee. There is ample storage. The Suite has a separate entrance downstairs with the remaining 2 bedrooms, along with a family room . Outside is a nicely sized backyard with a deck, which is perfect for entertaining and spending family time, and also a covered area for added storage. This is the perfect family home and is conveniently located on a quiet street- close to schools and various parks and amenities. Everything in the suite has been constructed in the last 2 years. Both up and down are rented and on a month to month (id:63159)

Values & Trends

This listing

$354/sqft

Building average

No other active listings in this building

South Vernon average

$357/sqft

5 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

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
Clarence Fulton SecondaryElementary684 m
Ellison ElementaryElementary976 m
Mission Hill ElementaryElementary1.3 km
St James(Independent)Elementary2.6 km
Alexis Park ElementaryElementary2.9 km
Ecole Beairsto ElementaryElementary2.9 km
W.L. Seaton SecondarySecondary3.3 km
Okanagan Landing ElementaryElementary3.5 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 (1)

  • Lynn's Vietnamese664 m

Cafes (1)

  • Tim Hortons584 m

Grocery (2)

  • Buy Low Foods659 m
  • Okanagan Landing Plaza668 m

Parks (2)

  • Unnamed383 m
  • Grahame Park564 m

Gyms (1)

  • Unnamed635 m

Nearby places data: © OpenStreetMap contributors.

School district: Vernon (SD22)

Mortgage & Ownership Cost Calculator

Minimum required: 5.8% ($34,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$479,920.00
Periodic payment — Principal & Interest (monthly)$3,096.28
Additional monthly expenses (strata, tax, utilities, etc.)$313.33
Total monthly cost$3,409.61
Interest paid over 5-yr term$137,546.45
Balance at end of term$431,689.59

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$34,990
Stress test qualifying rate8.09%
Payment you must qualify for$4,343.96

Cash Needed at Closing

Minimum down payment$34,990
Estimated BC PTT$9,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$46,488

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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