5895 Okanagan Avenue
Vernon, BC V1H1L9
$1,850,000
Property Details
Property & Lot
- Sub-type
- Other
- Lot size
- 17.11 acres
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $8,600
Interior
- Fireplace
- None
Exterior & Lot
- View
- Mountain view, Valley view, View (panoramic)
- Waterfront
- Waterfront on creek
Listing Information
- MLS®
- 10397675
- Listed
- August 13, 2026
- Time on market
- On the market for 18 days
- Data last synced
- August 28, 2026
Listing provided by: Royal LePage Kelowna · Data source: CREA DDF.
Description
17 acres on Okanagan Ave near Fulton Secondary School and a few minutes to Okanagan Lake. Only 2 acres can be developed. According to a recent ""Wetlands and Aquatic Habitat Assessment"" report most of the property is designated wetland, except for a 2 acre portion fronting Okanagan Ave. which, under the OCP will support a rezone to MUS (Multi-unit small) or MUM (Multi-unit Medium), 3-4 storeys in height. Vernon Creek borders the rear of the property. The property is rectangular with 350ft frontage and 1,400 ft avg. depth (measurements approximate). The whole site is vacant and in its natural state. Currently zoned AGRS - Agriculture & Rural: Small Block (Non-ALR). OCP designation is ""Suburban Neighborhood"". Possibly a great TH site. Services from neighboring subdivision (Canary Drive) to be confirmed. Permitted encumbrance is Under Surface Rights (Crown, 1979), otherwise clean title. New zoning may also allow supportive housing. Recent environmental engineer report available. (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
4
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
| School | Type | Distance |
|---|---|---|
| Clarence Fulton Secondary | Elementary | 510 m |
| Ellison Elementary | Elementary | 511 m |
| Okanagan Landing Elementary | Elementary | 2.3 km |
| Mission Hill Elementary | Elementary | 2.4 km |
| St James(Independent) | Elementary | 3.8 km |
| Alexis Park Elementary | Elementary | 4.0 km |
| Ecole Beairsto Elementary | Elementary | 4.1 km |
| W.L. Seaton Secondary | Secondary | 4.4 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 (1)
- Grahame Park620 m
Nearby places data: © OpenStreetMap contributors.
School district: Vernon (SD22)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($370,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.