Property Type: Detached HouseOwnership: Freehold

7261 Silver Ridge Drive

Vernon, BC V1B4C6

$997,000

4 bed3 bath5 parking2,744 sqftBuilt 2011
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Property Details

Property & Lot

Sub-type
House
Stories
1
Lot size
0.14 acres
Frontage
60 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,769

Interior

Basement
Full
Heating
Forced air, Electric
Cooling / A/C
Central air conditioning, Heat Pump
Fireplace
Yes (2)
Fireplace type
Gas, Electric, Unknown, Unknown
Flooring
Hardwood, Carpeted

Exterior & Lot

Exterior features
Other
View
Mountain view

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
5 — covered indicated
Features
Attached Garage, RV, Additional Parking

Restrictions & Policies

Rentals
Allowed

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Room Dimensions

RoomLevelDimensions
StorageBasement4'0'' x 19'10''
Utility roomBasement4'4'' x 8'3''
OtherBasement10'0'' x 25'3''
OtherMain level20'9'' x 19'6''
OtherMain level12'0'' x 26'0''
Games roomBasement10'10'' x 10'10''
BedroomBasement11'5'' x 12'8''
4pc BathroomBasement6'10'' x 8'5''
Exercise roomBasement14'0'' x 19'10''
Recreation roomBasement23'5'' x 21'10''
BedroomBasement10'8'' x 8'5''
Laundry roomMain level5'0'' x 9'3''
BedroomMain level11'6'' x 10'11''
4pc BathroomMain level4'10'' x 7'10''
OtherMain level6'8'' x 5'7''
4pc Ensuite bathMain level13'7'' x 10'7''
Primary BedroomMain level18'9'' x 12'8''
Living roomMain level15'8'' x 12'10''
KitchenMain level14'5'' x 15'8''
Dining roomMain level7'4'' x 14'5''

Listing Information

MLS®
10397148
Listed
August 10, 2026
Time on market
On the market for 21 days
Data last synced
August 28, 2026

Listing provided by: 3 Percent Realty Inc. · Data source: CREA DDF.

Description

Welcome to Silver Ridge. The place where Community, Adventure & Vista Views converge! This 2750 sq/ft home imbues craftsmanship like T&G wood soffitting, a covered entry, stamped & coloured concrete for the driveway, 25'x10' lower patio and 26' x 12' covered deck for starters. Upon entering this 4 bed, 3 bath home your senses are greeted by outside views in an open concept layout. THEN... double take as you view the custom designed master class kitchen you'd expect in a home twice this price; the real heart of this home. Black & white quartz adorn the surfaces with a 4 person 48""x 110"" island, 2 tone smooth face cabinets, a barista nook, cook induction, overhead range, wall oven, steamer, dishwasher and an large refrigerator say it all!! Once you're done visualizing your time here, you make your way to the large primary bedroom with a spacious 5 piece ensuite, walk-in shower and walk in closet. Then downstairs provides 2 bedrooms, family room, full 4 pce bathroom and 2 extra rooms for office space, games room, work out room or whatever you have in mind. The lower patio and backyard have a new black chain link fencing to keep the pets and kids from wandering. Enjoy the hot tub after your adventures. Trailer parking alongside the driveway. New Heat Pump installed in 2023. Silver Star Mountain Resort for skiing and mountain biking is 15 minutes away. Heading to Vernon your schools, shopping and amenities are only 10 minutes away. Welcome to life on Silver Ridge Drive! (id:63159)

Values & Trends

This listing

$363/sqft

Building average

No other active listings in this building

Foothills average

$371/sqft

20 active listing(s)

Parking: 5 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

13°C

Humidity 79%

Wind E 6 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
Vernon Christian School(Independent)K-122.4 km
B X ElementaryElementary2.5 km
Pleasant Valley Christian Academy(Independent)Elementary/Middle4.8 km
Harwood ElementaryElementary5.1 km
Silver Star ElementaryElementary5.5 km
W.L. Seaton SecondarySecondary5.8 km
Ecole Beairsto ElementaryElementary6.3 km
Alexis Park ElementaryElementary6.3 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 (5+)

  • Unnamed244 m
  • Hitchcock Road Park · 7185 Hitchcock Road244 m
  • Unnamed · 100 Whitefish Road416 m
  • Foothills Park549 m
  • Unnamed556 m

Nearby places data: © OpenStreetMap contributors.

School district: Vernon (SD22)

Mortgage & Ownership Cost Calculator

Minimum required: 7.5% ($74,700) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$797,600.00
Periodic payment — Principal & Interest (monthly)$5,145.84
Additional monthly expenses (strata, tax, utilities, etc.)$617.75
Total monthly cost$5,763.59
Interest paid over 5-yr term$228,594.45
Balance at end of term$717,443.78

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$74,700
Stress test qualifying rate8.09%
Payment you must qualify for$7,092.16

Cash Needed at Closing

Minimum down payment$74,700
Estimated BC PTT$17,940
Legal / closing costs (typical estimate)$1,500
Total cash needed$94,140

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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