Property Type: Detached HouseOwnership: Leasehold

574 Meadowlark Avenue

Vernon, BC V1H2A1

$319,800

3 bed2 bath2 parking1,310 sqftBuilt 2024
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Property Details

Property & Lot

Sub-type
House
Style
Ranch
Stories
1
Lot size
0.09 acres

Ownership & Fees

Property type
Detached House
Ownership
Leasehold
Annual property tax
$1,344.37

Interior

Heating
Heat Pump
Cooling / A/C
Heat Pump
Fireplace
Yes (1)
Fireplace type
Propane, Unknown

Exterior & Lot

Exterior features
Other
View
Mountain view

Building

Roof
Asphalt shingle, Unknown
Water source
Community Water User's Utility
Sewer
Septic tank
Parcel ID (PID)
000-000-000

Parking

Total spaces
2 — covered indicated
Features
Attached Garage

Room Dimensions

RoomLevelDimensions
Full bathroomMain level
BedroomMain level12'6'' x 9'
BedroomMain level9' x 10'6''
Full ensuite bathroomMain level7'6'' x 9'6''
Primary BedroomMain level12' x 13'6''
Dining roomMain level12' x 9'6''
KitchenMain level11'9'' x 12'2''
Living roomMain level15' x 15'

Listing Information

MLS®
10376288
Listed
February 21, 2026
Time on market
On the market for 191 days
Data last synced
September 1, 2026

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

Description

BRAND NEW HOME! Quality built by Scotland Homes this beautiful level entry rancher features 3 beds and 2 baths and is located in the charming lakeside community of Parker Cove. Step inside to discover the open concept layout with spacious living room featuring propane fireplace, sliding glass doors onto the covered back deck offering indoor/outdoor living. A large dining area is adjacent to the chef's kitchen graced with ample cabinets, ample counter space (quartz countertops), and stainless steel appliances. The primary bedroom is doused in natural daylight, includes a large walk in closet with built ins, and opens into the large ensuite bath featuring heated floors, quartz countertops and spacious shower. Two additional good size bedrooms, full bath, and laundry area round off the living areas. Attached two car garage finished with drywall/paint, featuring garage door with windows for bright garage space. 200 amp service. Parker Cove provides a myriad of recreational activities - Enjoy sunny days at the beach, take a dip in the swimming area, enjoy the community playground, community boat launch and ball diamonds. Parker Cove is a leasehold community, 574 Meadowlark features a secure registered lease extending to 2056. Experience affordable waterfront living and the Okanagan lifestyle at Parker Cove. Home is completed and move in ready now! Parker Cove is located on the shores of Okanagan Lake and only a 30 minute drive to Vernon. Home features 2/5/10 new home warranty. (id:63159)

Values & Trends

This listing

$244/sqft

Building average

No other active listings in this building

Okanagan North average

$299/sqft

41 active listing(s)

Parking: 2 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 ElementaryElementary9.6 km
Clarence Fulton SecondaryElementary10.0 km
Mission Hill ElementaryElementary11.9 km
Alexis Park ElementaryElementary12.7 km
St James(Independent)Elementary13.1 km
Ecole Beairsto ElementaryElementary13.3 km
W.L. Seaton SecondarySecondary13.4 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 (2)

  • Unnamed162 m
  • Unnamed334 m

Nearby places data: © OpenStreetMap contributors.

School district: Vernon (SD22)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($15,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$255,840.00
Periodic payment — Principal & Interest (monthly)$1,650.59
Additional monthly expenses (strata, tax, utilities, etc.)$178.03
Total monthly cost$1,828.62
Interest paid over 5-yr term$73,324.48
Balance at end of term$230,128.91

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$15,990
Stress test qualifying rate8.09%
Payment you must qualify for$2,336.19

Cash Needed at Closing

Minimum down payment$15,990
Estimated BC PTT$4,396
Legal / closing costs (typical estimate)$1,500
Total cash needed$21,886

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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