Property Type: Land / LotOwnership: Freehold

501 Vardon Lane

Vernon, BC V1H1Y4

$899,900

Get Directions

Property Details

Property & Lot

Sub-type
Other
Lot size
0.71 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Strata / maintenance fee
$288/mo
Annual property tax
$4,494

Maintenance Fee Includes

GarbageManagement

Also included: Other, See Remarks, Recreation Facilities, Reserve Fund Contributions

Interior

Fireplace
None

Exterior & Lot

View
Mountain view, Valley view, View (panoramic)

Listing Information

MLS®
10383954
Listed
April 20, 2026
Time on market
On the market for 133 days
Data last synced
August 28, 2026

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

Description

NO SPEC TAX! NO GST! Build your dream home on this 0.71-acre south-facing sloped lot in one of Predator Ridge’s most exclusive neighborhoods, offering both sunrise and sunset views for your morning coffee and evening wine. Perched on the hillside, this lot boasts panoramic golf course, mountain, and village views. Architectural plans are available for a striking three-level residence featuring a pool, hot tub, gym, upper patio with lake view, and a five-car garage expertly designed by award-winning Meyer Designs to maximize the lot’s natural light, elevation, and expansive vistas. Utilities are at the lot line, with a 2024 survey already completed. Enjoy full access to Predator Ridge’s resort-style amenities, including two world-class18-hole golf courses and a state-of-the-art fitness center with a 25m indoor lap pool, gym, and multiple yoga platforms. The vibrant community also features over 35 km of hiking and biking trails, tennis and pickleball courts, and a year-round calendar of wellness and social events. Dine on-site at Range Lounge & Grill, or visit nearby Sparkling Hill Resort for luxury spa services and total relaxation. With close proximity to ski resorts, wineries, Kelowna International Airport, and both Kalamalka and Okanagan Lakes, Predator Ridge is more than a place to live—it’s a lifestyle. Don’t miss this rare opportunity to build in one of the Okanagan’s most sought-after communities. (id:63159)

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

7

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
Okanagan Landing ElementaryElementary6.2 km
Ellison ElementaryElementary8.6 km
Clarence Fulton SecondaryElementary8.8 km
Oyama Traditional SchoolElementary9.4 km
Kidston ElementaryElementary10.2 km
Mission Hill ElementaryElementary10.5 km
Kalamalka SecondaryElementary10.8 km
St James(Independent)Elementary11.9 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)

  • Pallino's Italian Bistro474 m

Nearby places data: © OpenStreetMap contributors.

School district: Vernon (SD22)

Mortgage & Ownership Cost Calculator

Minimum required: 7.2% ($64,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$719,920.00
Periodic payment — Principal & Interest (monthly)$4,644.68
Additional monthly expenses (strata, tax, utilities, etc.)$662.37
Total monthly cost$5,307.05
Interest paid over 5-yr term$206,331.14
Balance at end of term$647,570.37

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$64,990
Stress test qualifying rate8.09%
Payment you must qualify for$6,420.17

Cash Needed at Closing

Minimum down payment$64,990
Estimated BC PTT$15,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$82,488

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.

Request more information