Property Type: Detached HouseOwnership: Freehold

7292 Mountridge Road

Vernon, BC V1B3S8

$1,084,900

5 bed2 bath12 parking2,742 sqftBuilt 1986
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
1.01 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$3,697.99

Interior

Basement
Full, Remodeled Basement
Heating
Forced air, See remarks
Cooling / A/C
Central air conditioning
Fireplace
Yes (1)
Fireplace type
Gas, Unknown
Flooring
Carpeted, Vinyl

Exterior & Lot

Exterior features
Brick, Vinyl siding
View
City view, Lake view, Mountain view, Valley view, View of water, View (panoramic)

Building

Roof
Asphalt shingle, Unknown

Parking

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

Room Dimensions

RoomLevelDimensions
OtherMain level20'6'' x 23'10''
KitchenBasement11'2'' x 13'11''
BedroomBasement12' x 12'7''
Family roomBasement13'6'' x 16'9''
3pc BathroomBasement5'3'' x 8'6''
DenBasement10'8'' x 12'7''
Dining roomBasement8' x 14'5''
Laundry roomBasement14'8'' x 17'7''
Primary BedroomBasement11'5'' x 15'11''
OtherMain level4'9'' x 5'2''
BedroomMain level13'9'' x 11'2''
BedroomMain level8'8'' x 11'2''
Dining roomMain level11'9'' x 19'3''
4pc BathroomMain level8'7'' x 13'10''
Primary BedroomMain level12'2'' x 13'7''
KitchenMain level8'3'' x 14'3''
Living roomMain level17' x 14'

Listing Information

MLS®
10393068
Listed
June 30, 2026
Time on market
On the market for 62 days
Data last synced
August 28, 2026

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

Description

Located in the desirable North BX of Vernon, this beautifully updated home offers over 2,700 sq. ft. of living space on just over an acre, perfectly positioned to capture stunning south-facing views of Swan Lake and the city. This 5 bedroom, 2 bathroom home includes a full 2 bedroom den/office suite with separate entrance, offering excellent flexibility. Originally built in 1986, the home has been thoughtfully updated throughout. The main level showcases vaulted ceilings and a cozy fireplace in the bright sunken living room, creating a warm and inviting atmosphere. The primary bedroom features a private balcony where you can take in the expansive views. The lower-level suite is well appointed with quartz countertops, newer appliances, and soft-close cabinetry. Outside, the property truly shines with a gorgeous backyard ideal for entertaining, enjoying a fire, or simply relaxing while soaking in the views. There is abundant parking for vehicles, RVs, and recreational toys, along with a garden shed and a double attached garage offering ample storage. Major updates include a new roof (2024), windows (2021), furnace (2017), and hot water on demand (2017). The home is serviced by a well and septic system, natural gas, and 200-amp electrical service. With plenty of space for friends and family, this North BX property offers comfort, functionality, and exceptional outdoor living. (id:63159)

Values & Trends

This listing

$396/sqft

Building average

No other active listings in this building

North BX average

$483/sqft

20 active listing(s)

Parking: 12 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-121.8 km
B X ElementaryElementary3.9 km
Pleasant Valley Christian Academy(Independent)Elementary/Middle5.4 km
Harwood ElementaryElementary5.6 km
W.L. Seaton SecondarySecondary6.3 km
Silver Star ElementaryElementary6.4 km
Alexis Park ElementaryElementary6.5 km
Ecole Beairsto ElementaryElementary6.9 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)

Mortgage & Ownership Cost Calculator

Minimum required: 7.7% ($83,490) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$867,920.00
Periodic payment — Principal & Interest (monthly)$5,599.53
Additional monthly expenses (strata, tax, utilities, etc.)$445.17
Total monthly cost$6,044.69
Interest paid over 5-yr term$248,748.37
Balance at end of term$780,696.85

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$83,490
Stress test qualifying rate8.09%
Payment you must qualify for$7,700.49

Cash Needed at Closing

Minimum down payment$83,490
Estimated BC PTT$19,698
Legal / closing costs (typical estimate)$1,500
Total cash needed$104,688

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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