Property Type: Detached HouseOwnership: Freehold

45 Nerie Road

Vernon, BC V1H2E4

$2,295,000

5 bed3.5 bath1 parking2,522 sqftBuilt 2025
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
0.33 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,800

Interior

Basement
Full
Heating
See remarks
Cooling / A/C
Central air conditioning, Heat Pump
Fireplace
Yes (1)
Fireplace type
Propane, Unknown
Flooring
Laminate

Exterior & Lot

Exterior features
Vinyl siding
View
Lake view, Mountain view, View (panoramic)
Waterfront
Waterfront on lake

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
1 — covered indicated
Features
Attached Garage, RV

Room Dimensions

RoomLevelDimensions
Dining roomBasement7'3'' x 13'11''
KitchenBasement10'6'' x 13'11''
Family roomBasement17'3'' x 10'6''
BedroomBasement12'6'' x 11'
5pc BathroomBasement7'9'' x 8'2''
Laundry roomBasement7'10'' x 5'11''
Utility roomBasement6'5'' x 3'7''
BedroomBasement11'9'' x 12'3''
BedroomBasement13'6'' x 11'
Recreation roomBasement16'7'' x 9'11''
2pc BathroomMain level3'4'' x 8'4''
5pc Ensuite bathMain level8'10'' x 9'10''
Primary BedroomMain level12'1'' x 13'
Living roomMain level18'8'' x 13'3''
Dining roomMain level9' x 11'6''
KitchenMain level12'10'' x 15'3''
BedroomMain level8' x 10'6''
FoyerMain level8'10'' x 14'6''

Listing Information

MLS®
10394426
Listed
July 14, 2026
Time on market
On the market for 48 days
Data last synced
August 28, 2026

Listing provided by: Sutton Group-West Coast Realty (Abbotsford) · Data source: CREA DDF.

Description

Luxury on Okanagan Lake awaits in this stunning 1-year-old custom waterfront home with nearly 100' of private beachfront and breathtaking panoramic lake views. Wake to spectacular sunrises, unwind with unforgettable sunsets, and enjoy seamless indoor-outdoor living from two glass-railed decks. Every detail was designed for comfort and convenience, featuring premium appliances, surround sound, fiber internet, heat pump A/C, heated garage, RV parking, private tram, and an exceptional dock with dual boat lifts. Complete with a separate suite, this property is an incredible luxury short-term rental opportunity or the ultimate year-round dream home. Available fully furnished with high-end furniture for a truly turnkey lakefront lifestyle. (id:63159)

Values & Trends

This listing

$910/sqft

Building average

No other active listings in this building

Fintry average

$509/sqft

30 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.

Nearby Schools

SchoolTypeDistance
Oyama Traditional SchoolElementary12.0 km
Okanagan Landing ElementaryElementary13.7 km
Davidson Road ElementaryElementary14.7 km
Ellison ElementaryElementary16.2 km
Clarence Fulton SecondaryElementary16.5 km
George Elliot SecondarySecondary17.3 km
HS Grenda Middle SchoolMiddle17.5 km
Peter Greer ElementaryElementary17.6 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.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($459,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,836,000.00
Periodic payment — Principal & Interest (monthly)$11,845.25
Additional monthly expenses (strata, tax, utilities, etc.)$609.33
Total monthly cost$12,454.58
Interest paid over 5-yr term$526,202.88
Balance at end of term$1,651,487.94

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$459,000
Stress test qualifying rate8.09%
Payment you must qualify for$14,118.20

Cash Needed at Closing

Minimum down payment$459,000
Estimated BC PTT$46,850
Legal / closing costs (typical estimate)$1,500
Total cash needed$507,350

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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