Property Type: Condo / ApartmentOwnership: Freehold / Strata

4900 Okanagan Avenue Unit# 408

Vernon, BC V1T8S1

$269,900

1 bed1 bath1 parking706 sqftBuilt 2000
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Property Details

Property & Lot

Sub-type
Apartment
Stories
1

Ownership & Fees

Property type
Condo / Apartment
Ownership
Freehold / Strata
Strata / maintenance fee
$423/mo
Annual property tax
$2,277.42

Interior

Heating
Baseboard heaters, Electric
Cooling / A/C
Wall unit
Fireplace
Yes (1)
Fireplace type
Electric, Unknown
Flooring
Carpeted
Appliances
Washer, Refrigerator, Range - Electric, Dishwasher, Dryer

Building

Roof
Asphalt shingle, Unknown
Water source
Municipal water
Sewer
Municipal sewage system
Parcel ID (PID)
024-778-141

Parking

Total spaces
1

Restrictions & Policies

Pets
Allowed with restrictions

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

Room Dimensions

RoomLevelDimensions
4pc BathroomMain level4'11'' x 7'7''
Primary BedroomMain level13'6'' x 11'
KitchenMain level7'4'' x 8'8''
Dining roomMain level7'10'' x 7'9''
Living roomMain level15'9'' x 11'3''

Listing Information

MLS®
10392543
Listed
June 24, 2026
Time on market
On the market for 68 days
Data last synced
August 31, 2026

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

Description

Very inviting top floor 1 bedroom, 1 bath trendy condo that is incredibly inviting the moment you step inside. Vacant and quick possession possible! Bright open floor plan with updated kitchen including stainless appliances, an open eating bar concept that flows right into the living room and dining room and in suite stacking laundry. Some really cool features include a wood panel feature wall in the living room with electric fireplace and flat screen TV, built in dining room BAR feature, restoration hardware/steam punk light fixtures and shelving units throughout, and a very cool panel planter on your own deck. Extremely well run strata with lots in the contingency and a fairly new building, one dog and one cat allowed. (id:63159)

Values & Trends

This listing

$382/sqft

Building average

No other active listings in this building

Mission Hill average

$286/sqft

2 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 SecondaryElementary777 m
Ellison ElementaryElementary1.1 km
Mission Hill ElementaryElementary1.2 km
St James(Independent)Elementary2.5 km
Ecole Beairsto ElementaryElementary2.8 km
Alexis Park ElementaryElementary2.8 km
W.L. Seaton SecondarySecondary3.2 km
Vernon SecondaryElementary3.4 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

Restaurants (1)

  • Lynn's Vietnamese764 m

Cafes (1)

  • Tim Hortons680 m

Grocery (2)

  • Buy Low Foods762 m
  • Okanagan Landing Plaza770 m

Parks (2)

  • Unnamed381 m
  • Grahame Park649 m

Gyms (1)

  • Unnamed739 m

Nearby places data: © OpenStreetMap contributors.

School district: Vernon (SD22)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($13,495) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$215,920.00
Periodic payment — Principal & Interest (monthly)$1,393.04
Additional monthly expenses (strata, tax, utilities, etc.)$647.77
Total monthly cost$2,040.81
Interest paid over 5-yr term$61,883.29
Balance at end of term$194,220.74

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$13,495
Stress test qualifying rate8.09%
Payment you must qualify for$1,971.66

Cash Needed at Closing

Minimum down payment$13,495
Estimated BC PTT$3,398
Legal / closing costs (typical estimate)$1,500
Total cash needed$18,393

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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