Property Type: Detached HouseOwnership: Leasehold

536 Loon Avenue

Vernon, BC V1H2A1

$295,000

3 bed2 bath6 parking1,744 sqftBuilt 1991
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Property Details

Property & Lot

Sub-type
House
Stories
1
Frontage
92 feet

Ownership & Fees

Property type
Detached House
Ownership
Leasehold
Annual property tax
$1,278.1

Interior

Basement
Crawl space
Heating
Forced air, Electric
Cooling / A/C
Central air conditioning
Fireplace
Yes (1)
Fireplace type
Free Standing Metal, Pellet, Stove
Flooring
Hardwood, Ceramic Tile

Exterior & Lot

Exterior features
Brick, Vinyl siding
View
Mountain view, View (panoramic)
Waterfront
Other

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
6

Room Dimensions

RoomLevelDimensions
4pc BathroomMain level8'0'' x 5'0''
BedroomMain level12'6'' x 10'0''
3pc Ensuite bathMain level10'0'' x 5'0''
Primary BedroomMain level15'0'' x 12'0''
BedroomMain level9'10'' x 9'3''
Family roomMain level21'0'' x 21'0''
Laundry roomMain level5'6'' x 5'6''
KitchenMain level12'0'' x 10'0''
Dining roomMain level10'6'' x 9'0''
Living roomMain level14'7'' x 11'0''

Listing Information

MLS®
10382461
Listed
April 8, 2026
Time on market
On the market for 145 days
Data last synced
August 28, 2026

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

Description

Welcome to 536-537 Loon Avenue, Parker Cove Charming 3-Bedroom Rancher on Double Lot with Mountain Views. This beautifully maintained 3-bedroom, 2-bathroom rancher is located on a spacious double lot in the serene lakeside community of Parker Cove. This inviting home features an open-concept main living area adorned with gleaming hardwood floors, while the kitchen, entryways, and bathrooms are finished with durable ceramic tile. The kitchen offers ample storage with abundant oak cabinetry and seamlessly flows into the dining and living areas—perfect for entertaining. The generously sized 21x21 family room boasts a cozy pellet stove and large windows that flood the space with natural light. The primary bedroom is a relaxing retreat with dual closets and a 3-piece en-suite. Step outside to enjoy your morning coffee on the covered front patio, overlooking dedicated green space and beautiful mountain views—a perfect spot to relax or chat with neighbors. Additional highlights include: Fully landscaped and fenced backyard Covered back patio and fish pond RV parking with 30-amp power Storage shed and upgraded attic insulation 5-foot crawl space for added storage 4-year-old hot water tank Poly B plumbing has been replaced. Gardeners will appreciate the mature landscaping and room to grow. This home includes a registered lease until 2043, with a current lease amount of about $5,889.64 for the double lot. Residents also enjoy shared access to over 2,000 feet of prime Okanagan lakefront—ideal for summer fun and relaxation. Don’t miss the chance to live in this peaceful lakeside community—schedule your private viewing today! (id:63159)

Values & Trends

This listing

$169/sqft

Building average

No other active listings in this building

Okanagan North average

$301/sqft

41 active listing(s)

Parking: 6 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

11

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 ElementaryElementary7.4 km
Ellison ElementaryElementary9.7 km
Clarence Fulton SecondaryElementary10.0 km
Mission Hill ElementaryElementary12.0 km
Alexis Park ElementaryElementary12.8 km
St James(Independent)Elementary13.2 km
Ecole Beairsto ElementaryElementary13.4 km
W.L. Seaton SecondarySecondary13.5 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)

  • Unnamed156 m
  • Unnamed388 m

Nearby places data: © OpenStreetMap contributors.

School district: Vernon (SD22)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($14,750) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$236,000.00
Periodic payment — Principal & Interest (monthly)$1,522.59
Additional monthly expenses (strata, tax, utilities, etc.)$193.51
Total monthly cost$1,716.10
Interest paid over 5-yr term$67,638.28
Balance at end of term$212,282.76

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$14,750
Stress test qualifying rate8.09%
Payment you must qualify for$2,155.02

Cash Needed at Closing

Minimum down payment$14,750
Estimated BC PTT$3,900
Legal / closing costs (typical estimate)$1,500
Total cash needed$20,150

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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