Property Type: Detached HouseOwnership: Freehold

6531 Longacre Drive

Vernon, BC V1H1H9

$850,000

5 bed2 bath6 parking2,622 sqftBuilt 1969
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Property Details

Property & Lot

Sub-type
House
Style
Ranch
Stories
2
Lot size
0.35 acres
Frontage
88 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,150.7

Interior

Basement
Full, Remodeled Basement
Heating
Forced air, See remarks, Hot Water
Cooling / A/C
Central air conditioning
Fireplace
None
Flooring
Laminate, Vinyl
Appliances
Washer, Refrigerator, Range - Gas, Dishwasher, Dryer, Microwave

Exterior & Lot

Exterior features
Stucco
View
City view, Lake view, Mountain view, Valley view, View (panoramic), Unknown
Lot features
Private setting, Balcony, One Balcony, Two Balconies
Fencing
Chain link, Other

Building

Roof
Asphalt shingle, Unknown
Water source
Municipal water
Sewer
Septic tank
Security
Smoke Detector Only
Parcel ID (PID)
008-162-930

Parking

Total spaces
6 — covered indicated
Features
Attached Garage, RV, See Remarks, Additional Parking

Room Dimensions

RoomLevelDimensions
Laundry roomBasement8'1'' x 9'2''
OtherAdditional Accommodation3'5'' x 8'6''
OtherMain level7'6'' x 27'1''
KitchenMain level7'1'' x 13'11''
Dining roomMain level6'5'' x 11'10''
Living roomMain level16'1'' x 21'11''
BedroomMain level9'8'' x 11'5''
BedroomMain level9'8'' x 11'4''
Primary BedroomMain level1'8'' x 13'10''
3pc BathroomMain level7'6'' x 7'8''
KitchenAdditional Accommodation15'2'' x 13'2''
Living roomAdditional Accommodation15'2'' x 24'10''
BedroomAdditional Accommodation12'4'' x 9'9''
OtherAdditional Accommodation7'9'' x 17'10''
OtherAdditional Accommodation5'0'' x 14'7''
BedroomAdditional Accommodation9'9'' x 12'11''
Full bathroomAdditional Accommodation7'3'' x 6'6''

Listing Information

MLS®
10396241
Listed
August 24, 2026
Time on market
On the market for 7 days
Data last synced
August 31, 2026

Listing provided by: Vantage West Realty Inc. · Data source: CREA DDF.

Description

This fully renovated Okanagan Landing home is built for options — multigenerational living, long-term rental income, or a turnkey investment in one of Vernon's most desirable neighbourhoods. Spanning 2,622 sq. ft. on a 0.35-acre lot, the main floor offers three bedrooms and fresh finishes throughout. Downstairs, a fully self-contained two-bedroom, one-bath suite features its own massive kitchen bar and laundry. The suite previously generated ~$30K/year as an Airbnb. Almost everything has been replaced in the last five years: quartz countertops and new cabinetry, bathrooms, flooring, windows, doors, roof, appliances, and on-demand hot water. This home was meticulously renovated by the current owner to be comfortable, high efficiency and worry free. The private backyard delivers an oversized garden, producing apple and pear trees, Concord grapes, and a fire pit. Paired with a double garage, RV parking, and ample toy storage - This is true Okanagan Living. Less than 5 minutes to Kin Beach, boat launch, shopping, Fulton Secondary, Okanagan Landing Elementary and Marshall Fields. Book your showing today! (id:63159)

Values & Trends

This listing

$324/sqft

Building average

No other active listings in this building

Okanagan Landing average

$776/sqft

34 active listing(s)

Parking: 6 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

16°C

Humidity 69%

Wind ESE 14 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
Okanagan Landing ElementaryElementary1.1 km
Ellison ElementaryElementary1.6 km
Clarence Fulton SecondaryElementary1.7 km
Mission Hill ElementaryElementary3.6 km
St James(Independent)Elementary5.0 km
Alexis Park ElementaryElementary5.2 km
Ecole Beairsto ElementaryElementary5.3 km
Kidston ElementaryElementary5.4 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.

School district: Vernon (SD22)

Mortgage & Ownership Cost Calculator

Minimum required: 7.1% ($60,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$680,000.00
Periodic payment — Principal & Interest (monthly)$4,387.13
Additional monthly expenses (strata, tax, utilities, etc.)$560.22
Total monthly cost$4,947.35
Interest paid over 5-yr term$194,889.95
Balance at end of term$611,662.20

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$60,000
Stress test qualifying rate8.09%
Payment you must qualify for$6,074.82

Cash Needed at Closing

Minimum down payment$60,000
Estimated BC PTT$15,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$76,500

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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