Property Type: Land / LotOwnership: Freehold

65 Settlers Road Lot# 4171

Vernon, BC V1B3E9

$729,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
160 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$2,801

Interior

Fireplace
None

Exterior & Lot

View
City view, Mountain view, Valley view

Listing Information

MLS®
10383359
Listed
April 14, 2026
Time on market
On the market for 139 days
Data last synced
August 28, 2026

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

Description

Looking for a piece of paradise? Look no further! This 160-acre parcel offers many locations that you can build your future dream home on. It's just a short 25-minute drive from Vernon, BC and you'll love it here! With spruce, pine, and many other beautiful trees, you'll be living in the heart of nature. There is also WiFi for those that can't live without the internet. Whether you want to plant an organic garden, or raise horses, chickens, or pets, this is the place to do it. Even build that treehouse your kids have been asking for! Breathe, just breathe, and enjoy the many possibilities of what Vernon and a slower pace of life have to offer. Vernon has many schools, the arts, hockey teams, golf, and so much more. Or if you love skiing, it is only a short drive to our famous Silver Star Ski Resort. The property is well treed and has some cleared areas for great building sites. Welcome home! (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.

Nearby Schools

SchoolTypeDistance
Lavington ElementaryElementary4.3 km
Okanagan Waldorf School(Independent)Elementary4.6 km
Crossroads Learning CentreSecondary10.4 km
Charles Bloom SecondaryK-1210.4 km
J W Inglis ElementaryElementary10.6 km
Coldstream ElementaryElementary11.1 km
Kalamalka SecondaryElementary12.3 km
Kidston ElementaryElementary12.9 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.

School district: Vernon (SD22)

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Mortgage & Ownership Cost Calculator

Minimum required: 6.6% ($47,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$583,200.00
Periodic payment — Principal & Interest (monthly)$3,762.61
Additional monthly expenses (strata, tax, utilities, etc.)$233.42
Total monthly cost$3,996.03
Interest paid over 5-yr term$167,146.80
Balance at end of term$524,590.29

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$47,900
Stress test qualifying rate8.09%
Payment you must qualify for$5,237.42

Cash Needed at Closing

Minimum down payment$47,900
Estimated BC PTT$12,580
Legal / closing costs (typical estimate)$1,500
Total cash needed$61,980

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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