Property Type: FourplexOwnership: Freehold

4211 27 Avenue

Vernon, BC V1T1T3

$949,900

8 bed4 bath8 parking3,555 sqftBuilt 1966
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Property Details

Property & Lot

Sub-type
Fourplex
Stories
2

Ownership & Fees

Property type
Fourplex
Ownership
Freehold
Annual property tax
$4,796.06

Interior

Basement
Full
Heating
See remarks
Fireplace
None

Exterior & Lot

Exterior features
Wood, Stucco

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
8 — uncovered indicated
Features
Rear, Street, Additional Parking

Room Dimensions

RoomLevelDimensions
Dining roomLower level9'6'' x 9'8''
Living roomLower level14'6'' x 12'1''
BedroomLower level9'9'' x 9'7''
Full bathroomLower level7'7'' x 5'9''
Primary BedroomLower level14'6'' x 8'
KitchenLower level15'6'' x 8'4''
Living roomMain level14'7'' x 13'1''
Dining roomMain level11'3'' x 10'1''
BedroomMain level15'2'' x 8'10''
Primary BedroomMain level12'9'' x 9'11''
Full bathroomMain level7'6'' x 6'7''
KitchenMain level11'7'' x 8'9''
Living roomLower level23'6'' x 12'1''
KitchenLower level15'5'' x 8'
BedroomLower level11'8'' x 8'
Primary BedroomLower level11'2'' x 9'8''
Full bathroomLower level6'11'' x 6'2''
Dining roomMain level11'2'' x 9'11''
BedroomMain level15'2'' x 8'10''
Living roomMain level14'8'' x 12'11''
Primary BedroomMain level12'10'' x 9'11''
Full bathroomMain level7'5'' x 6'7''
KitchenMain level15'2'' x 8'10''

Listing Information

MLS®
10397256
Listed
August 14, 2026
Time on market
On the market for 17 days
Data last synced
August 28, 2026

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

Description

A fantastic four-unit investment opportunity in a great area of town! This well-maintained property features a full duplex, with each side offering its own basement suite—providing four self-contained units, each with 2 bedrooms and 1 bathroom. All four suites are bright, inviting, and well cared for, with many updates throughout. Each unit has its own private laundry. Outside, you'll find great yard space, plenty of parking at both the front and rear of the property, plus alley access. Wonderful tenants, this is an excellent opportunity for an investor looking for a strong, income-producing property with an attractive cap rate. MUM zoning adds even more value and flexibility for the future. A solid investment in a desirable location with four functional suites, ample parking, and great outdoor space—this is one you'll want to add to your portfolio! (id:63159)

Values & Trends

This listing

$267/sqft

Building average

No other active listings in this building

City of Vernon average

$350/sqft

4 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

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
Mission Hill ElementaryElementary1.2 km
Clarence Fulton SecondaryElementary1.7 km
Alexis Park ElementaryElementary1.8 km
Ellison ElementaryElementary1.9 km
St James(Independent)Elementary2.0 km
Ecole Beairsto ElementaryElementary2.1 km
W.L. Seaton SecondarySecondary2.3 km
Harwood ElementaryElementary3.1 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 (2)

  • Linear Park534 m
  • Unnamed749 m

Nearby places data: © OpenStreetMap contributors.

School district: Vernon (SD22)

Mortgage & Ownership Cost Calculator

Minimum required: 7.4% ($69,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$759,920.00
Periodic payment — Principal & Interest (monthly)$4,902.75
Additional monthly expenses (strata, tax, utilities, etc.)$577.67
Total monthly cost$5,480.42
Interest paid over 5-yr term$217,795.26
Balance at end of term$683,550.50

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$69,990
Stress test qualifying rate8.09%
Payment you must qualify for$6,766.20

Cash Needed at Closing

Minimum down payment$69,990
Estimated BC PTT$16,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$88,488

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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