Property Type: Land / LotOwnership: FreeholdNEW LISTING

5771 Okanagan Landing Road

Vernon, BC V1T7A9

$449,900

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.45 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$1,955.3

Interior

Fireplace
None

Building

Water source
Municipal water
Sewer
Municipal sewage system
Utilities
Water, Sewer, Natural Gas, Electricity
Parcel ID (PID)
032-301-944

Listing Information

MLS®
10399208
Listed
August 31, 2026
Time on market
Listed today
Data last synced
September 1, 2026

Listing provided by: Royal LePage Downtown Realty · Data source: CREA DDF.

Description

Great location ~ kitty corner to Ellison Elementary, with a service/access road for easy safe access! Just two doors to the ""The Flower Spot""! This spacious .457 acre flat lot, zoned MUS (Multi-Unit Small Scale) is waiting for you. Services at the lot line. Bonus is the short walk to Kin Beach (Okanagan Lake), and close to both Elementary (Ellison) and Secondary Schools (Fulton). All amentities close by (small mall with McDonalds, Tim Hortons, & More). Buyer to do own development requirement inquiring. Appraisal and Survey Certificate on file. (id:63159)

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

19

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
Ellison ElementaryElementary133 m
Clarence Fulton SecondaryElementary513 m
Mission Hill ElementaryElementary2.4 km
Okanagan Landing ElementaryElementary2.5 km
Alexis Park ElementaryElementary3.6 km
St James(Independent)Elementary3.6 km
Ecole Beairsto ElementaryElementary3.8 km
W.L. Seaton SecondarySecondary4.1 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 Vietnamese679 m

Cafes (1)

  • Tim Hortons749 m

Grocery (2)

  • Buy Low Foods652 m
  • Okanagan Landing Plaza655 m

Parks (1)

  • Grahame Park640 m

Gyms (1)

  • Unnamed632 m

Nearby places data: © OpenStreetMap contributors.

School district: Vernon (SD22)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($22,495) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$359,920.00
Periodic payment — Principal & Interest (monthly)$2,322.08
Additional monthly expenses (strata, tax, utilities, etc.)$162.94
Total monthly cost$2,485.02
Interest paid over 5-yr term$103,154.11
Balance at end of term$323,749.20

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$22,495
Stress test qualifying rate8.09%
Payment you must qualify for$3,286.59

Cash Needed at Closing

Minimum down payment$22,495
Estimated BC PTT$6,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$30,993

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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