Property Type: Detached HouseOwnership: Leasehold

457 4 th Street

Vernon, BC V1H1Z1

$765,000

2 bed3 bath4 parking2,671 sqftBuilt 2022
Get Directions

Property Details

Property & Lot

Sub-type
House
Stories
1
Lot size
0.2 acres

Ownership & Fees

Property type
Detached House
Ownership
Leasehold
Annual property tax
$2,425

Interior

Heating
Forced air, See remarks
Cooling / A/C
Central air conditioning
Fireplace
Yes (1)
Fireplace type
Electric, Unknown
Flooring
Carpeted, Vinyl

Exterior & Lot

Exterior features
Vinyl siding
View
Mountain view

Parking

Total spaces
4 — covered indicated
Features
Attached Garage, RV, Additional Parking

Restrictions & Policies

Pets
Allowed with restrictions
Rentals
Allowed
Age / occupancy
Adult-oriented (no young children), Seniors-oriented community

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

Room Dimensions

RoomLevelDimensions
Utility roomLower level7'6'' x 10'
OtherLower level16'6'' x 18'
Recreation roomLower level25' x 37'
3pc BathroomLower level9' x 10'
DenLower level9'6'' x 9'6''
OtherMain level20' x 22'
4pc BathroomMain level5' x 8'6''
Laundry roomMain level7'6'' x 10'6''
BedroomMain level11' x 14'6''
4pc Ensuite bathMain level7'6'' x 8'
Primary BedroomMain level13' x 14'
Dining roomMain level9' x 12'6''
Living roomMain level13' x 18'
KitchenMain level8'6'' x 12'6''

Listing Information

MLS®
10365398
Listed
October 10, 2025
Time on market
On the market for 325 days
Data last synced
August 28, 2026

Listing provided by: Canada Flex Realty Group · Data source: CREA DDF.

Description

A Desert Cove treat…. Location location location with a lovely warm interior and space for anything you need and want. The main floor deck boasts a fantastic view of the hills, offering peace and tranquility. Open concept living room & kitchen, 2 bed 2 bath, den in lower walkout which also holds space for games at family gatherings. Total bonus is the large garage! Friendly Desert Cove offers full event & exercise schedule with indoor pool, library, billiards, crafts and workout spaces for you to enjoy. It’s a community like no other. Come have a look at your next home! (id:63159)

Values & Trends

This listing

$286/sqft

Building average

No other active listings in this building

Swan Lake West average

$400/sqft

21 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

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
North Okanagan Junior Academy(Independent)Elementary/Middle5.4 km
Vernon Christian School(Independent)K-125.4 km
B X ElementaryElementary8.2 km
Harwood ElementaryElementary8.4 km
Pleasant Valley Christian Academy(Independent)Elementary/Middle8.4 km
Alexis Park ElementaryElementary8.4 km
W.L. Seaton SecondarySecondary8.7 km
Ecole Beairsto ElementaryElementary9.4 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)

  • Unnamed789 m

Nearby places data: © OpenStreetMap contributors.

School district: Vernon (SD22)

Mortgage & Ownership Cost Calculator

Minimum required: 6.7% ($51,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$612,000.00
Periodic payment — Principal & Interest (monthly)$3,948.42
Additional monthly expenses (strata, tax, utilities, etc.)$336.08
Total monthly cost$4,284.50
Interest paid over 5-yr term$175,400.96
Balance at end of term$550,495.98

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$51,500
Stress test qualifying rate8.09%
Payment you must qualify for$5,486.57

Cash Needed at Closing

Minimum down payment$51,500
Estimated BC PTT$13,300
Legal / closing costs (typical estimate)$1,500
Total cash needed$66,300

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.

Request more information