Property Type: Detached HouseOwnership: Freehold

7212 Mountridge Place

Vernon, BC V1B3S8

$2,599,999

4 bed3.5 bath6 parking5,196 sqftBuilt 2021
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Property Details

Property & Lot

Sub-type
House
Stories
3
Lot size
4.94 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$10,732.85

Interior

Heating
Geothermal
Cooling / A/C
Geothermal
Fireplace
Yes (1)
Fireplace type
Wood, Conventional
Flooring
Hardwood, Carpeted, Other

Exterior & Lot

View
City view, Lake view, Mountain view

Building

Roof
Metal, Unknown

Parking

Total spaces
6 — covered indicated
Features
Attached Garage

Room Dimensions

RoomLevelDimensions
Utility roomBasement13'4'' x 7'9''
StorageBasement14'11'' x 12'1''
Recreation roomBasement17'5'' x 20'5''
GymBasement18'6'' x 16'3''
StorageSecond level4'6'' x 9'7''
3pc BathroomSecond level7'8'' x 8'2''
BedroomSecond level12'1'' x 16'9''
BedroomSecond level12'2'' x 12'7''
BedroomSecond level12'9'' x 12'7''
2pc BathroomMain level5' x 5'2''
PantryMain level6'7'' x 9'3''
Laundry roomMain level8'1'' x 9'2''
4pc Ensuite bathMain level19'2'' x 10'1''
Primary BedroomMain level13' x 20'4''
Mud roomMain level23' x 12'7''
Family roomMain level18' x 21'1''
Dining roomMain level15'6'' x 13'9''
Living roomMain level14'1'' x 16'5''
KitchenMain level18'4'' x 12'6''
FoyerMain level9'2'' x 8'9''

Listing Information

MLS®
10376775
Listed
February 24, 2026
Time on market
On the market for 188 days
Data last synced
August 28, 2026

Listing provided by: RE/MAX Priscilla · Data source: CREA DDF.

Description

Set high on nearly 5 acres of gently sloped hillside, this private estate captures sweeping south-west views of the Okanagan Valley with no immediate neighbours. Built in 2021 by Gibsons, this level-entry timber frame residence showcases striking structural Douglas fir beams and tongue-and-groove ceilings, complemented by a high-efficiency modern wood-burning fireplace. Designed for both comfort and longevity, the home offers 4 bedrooms and 2.5 baths, with the primary suite on the main level and additional bedrooms upstairs. Soaring 23’ ceilings elevate the principal living space, while engineered hardwood, honed granite, Hunter Douglas window coverings, and a Wolf gas cooktop with premium appliances complete the interior. Mechanical systems are exceptional: geothermal heating and air conditioning with 3-zone climate control, steam humidifier for beam preservation, RO water filtration (well-fed), recirculation pumps, Generac transfer switch wired for a backup generator, and full security system. Outdoors features include a 3-bay pull-through garage, lifetime tin roof, fully irrigated grounds, hot tub, outdoor shower, and extensive fire protection with a 30,000-gallon reservoir, hydrant, and 200’ spooled fire hose. A rare blend of craftsmanship, privacy, and engineered excellence. (id:63159)

Values & Trends

This listing

$500/sqft

Building average

No other active listings in this building

North BX average

$478/sqft

20 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
Vernon Christian School(Independent)K-122.1 km
B X ElementaryElementary3.8 km
Pleasant Valley Christian Academy(Independent)Elementary/Middle5.6 km
Harwood ElementaryElementary5.8 km
W.L. Seaton SecondarySecondary6.5 km
Silver Star ElementaryElementary6.5 km
Alexis Park ElementaryElementary6.8 km
Ecole Beairsto ElementaryElementary7.1 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.

School district: Vernon (SD22)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($520,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,079,999.00
Periodic payment — Principal & Interest (monthly)$13,419.45
Additional monthly expenses (strata, tax, utilities, etc.)$1,154.40
Total monthly cost$14,573.85
Interest paid over 5-yr term$596,133.69
Balance at end of term$1,870,965.83

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$520,000
Stress test qualifying rate8.09%
Payment you must qualify for$15,994.47

Cash Needed at Closing

Minimum down payment$520,000
Estimated BC PTT$56,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$577,500

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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