Property Type: Condo / ApartmentOwnership: Strata

5805 Tern Place Unit# 113

Vernon, BC V1H1S8

$795,000

4 bed3.5 bath2 parking2,533 sqftBuilt 2002
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
0.07 acres

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$344/mo
Annual property tax
$3,800

Maintenance Fee Includes

Also included: Ground Maintenance, Other, See Remarks

Interior

Basement
Full
Heating
Forced air, See remarks
Cooling / A/C
Central air conditioning
Fireplace
None
Flooring
Tile, Laminate, Carpeted

Exterior & Lot

Exterior features
Vinyl siding

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
2 — covered indicated
Features
Attached Garage

Restrictions & Policies

Rentals
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
DenBasement4'11'' x 8'1''
StorageBasement18' x 21'11''
OtherMain level20'10'' x 17'10''
Family roomBasement16'8'' x 11'6''
BedroomBasement13'2'' x 9'9''
Laundry roomSecond level7'2'' x 7'10''
Full bathroomSecond level10'3'' x 6'0''
BedroomSecond level11'10'' x 14'9''
BedroomSecond level10'8'' x 11'2''
4pc Ensuite bathSecond level10'0'' x 8'0''
Primary BedroomSecond level16'9'' x 14'6''
FoyerMain level7'4'' x 12'5''
Partial bathroomMain level6'3'' x 5'0''
Dining roomMain level10'4'' x 10'11''
KitchenMain level11'4'' x 10'11''
Living roomMain level17'3'' x 12'0''

Listing Information

MLS®
10392846
Listed
June 26, 2026
Time on market
On the market for 66 days
Data last synced
August 28, 2026

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

Description

Welcome Home to the highly desirable Cobblestone Lane Complex. This thoughtfully designed 4 Bedroom, 3 Bathroom home features an open-concept floor plan perfect for modern family living and entertaining. The bright and spacious main floor boasts a welcoming living area, open kitchen, dining space, and a convenient bathroom. Large windows bring in plenty of natural light while showcasing the surrounding natural beauty. Upstairs, you'll find 3 generous bedrooms, 2 full bathrooms, and a dedicated laundry room complete with a sink for added convenience. The primary Bedroom and Ensuite offers a comfortable retreat for homeowners, while the additional bedrooms provide ample space for family or guests. The finished basement expands your living space with a second family room, an additional bedroom, abundant storage, and the potential to add a fourth bathroom. Step outside to your private backyard featuring a beautifully landscaped garden and outdoor TV setup perfect for relaxing or entertaining. Backing onto Vernon Creek, enjoy exceptional privacy, peaceful nature views, and the sounds of the creek right from your backyard. Additional features include a double attached garage, hot water on demand, central air conditioning, underground sprinklers, and plenty of storage throughout. Located in a family-friendly neighborhood close to amenities, schools, parks, and recreation, this home truly offers the perfect combination of comfort, convenience, and natural beauty. (id:63159)

Values & Trends

This listing

$314/sqft

Building average

No other active listings in this building

Okanagan Landing average

$648/sqft

22 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

14°C

Humidity 74%

Wind ESE 14 km/h

Today

27°

Tonight

13°

Wednesday

22°

Wednesday night

13°

Thursday

21°

Thursday night

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
Ellison ElementaryElementary277 m
Clarence Fulton SecondaryElementary306 m
Mission Hill ElementaryElementary2.3 km
Okanagan Landing ElementaryElementary2.5 km
St James(Independent)Elementary3.6 km
Alexis Park ElementaryElementary3.8 km
Ecole Beairsto ElementaryElementary3.9 km
W.L. Seaton SecondarySecondary4.2 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 (1)

  • Grahame Park443 m

Nearby places data: © OpenStreetMap contributors.

School district: Vernon (SD22)

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 6.9% ($54,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$636,000.00
Periodic payment — Principal & Interest (monthly)$4,103.26
Additional monthly expenses (strata, tax, utilities, etc.)$787.62
Total monthly cost$4,890.87
Interest paid over 5-yr term$182,279.43
Balance at end of term$572,084.06

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$54,500
Stress test qualifying rate8.09%
Payment you must qualify for$5,694.19

Cash Needed at Closing

Minimum down payment$54,500
Estimated BC PTT$13,900
Legal / closing costs (typical estimate)$1,500
Total cash needed$69,900

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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