73 Elk Street
Vernon, BC V1H2A1
$324,000
Property Details
Property & Lot
- Sub-type
- House
- Stories
- 1.5
- Lot size
- 0.06 acres
Ownership & Fees
- Property type
- Detached House
- Ownership
- Leasehold
- Annual property tax
- $986.14
Interior
- Basement
- Full
- Heating
- Forced air, Electric
- Fireplace
- Yes (1)
- Fireplace type
- Free Standing Metal
- Flooring
- Hardwood, Laminate, Carpeted
Exterior & Lot
- View
- Mountain view, View (panoramic)
- Waterfront
- Other
Building
- Roof
- Asphalt shingle, Unknown
Parking
- Total spaces
- 2
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Utility room | Basement | 5'7'' x 9' |
| Recreation room | Basement | 25'9'' x 18'8'' |
| Bedroom | Basement | 10'4'' x 9'1'' |
| Dining nook | Main level | 9'6'' x 7'5'' |
| Laundry room | Main level | 5'1'' x 7' |
| Den | Basement | 9'4'' x 16'11'' |
| 4pc Bathroom | Second level | 7'2'' x 6'8'' |
| Primary Bedroom | Second level | 29'8'' x 14'0'' |
| 4pc Bathroom | Main level | 7'8'' x 8'2'' |
| Bedroom | Main level | 11'6'' x 8'0'' |
| Kitchen | Main level | 13'3'' x 7'3'' |
| Dining room | Main level | 10'9'' x 7'0'' |
| Living room | Main level | 13'11'' x 11'9'' |
Listing Information
- MLS®
- 10387082
- Listed
- May 13, 2026
- Time on market
- On the market for 111 days
- Data last synced
- August 28, 2026
Listing provided by: Royal LePage Kelowna · Data source: CREA DDF.
Description
CHARM! LAKE VIEW! Welcome to the lakeside community of Parker Cove! This charming 3-bedroom, 2-bathroom home offers beautiful lake views and the perfect blend of summer retreat or year-round living. Situated on a leasehold lot with a lease until 2043 and a low monthly fee of only $225, this property is packed with value and priced below BC Assessment plus, no Property Transfer Tax! Inside, you’ll find numerous updates including new plumbing, a newly renovated basement, forced air furnace, and central A/C for year-round comfort. Cozy up by the wood-burning stove on cooler evenings, while the spacious upper loft features a large primary bedroom retreat overlooking the living space below. Step outside and enjoy the wrap-around porch, ideal for entertaining or soaking in the peaceful lake views. With lots of parking, there’s plenty of room for guests, boats, and RVs. Residents of Parker Cove enjoy access to a private community beach and boat launch, making it easy to embrace the Okanagan lifestyle. Whether you’re searching for a weekend getaway, investment property, or full-time residence, this home is a fantastic opportunity to enjoy lakeside living at an affordable price. (id:63159)
Values & Trends
This listing
$169/sqft
Building average
—
No other active listings in this building
Okanagan North average
$301/sqft
41 active listing(s)
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
9°
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
11
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
| School | Type | Distance |
|---|---|---|
| Okanagan Landing Elementary | Elementary | 7.0 km |
| Ellison Elementary | Elementary | 9.3 km |
| Clarence Fulton Secondary | Elementary | 9.6 km |
| Mission Hill Elementary | Elementary | 11.6 km |
| Alexis Park Elementary | Elementary | 12.4 km |
| St James(Independent) | Elementary | 12.8 km |
| Ecole Beairsto Elementary | Elementary | 13.0 km |
| W.L. Seaton Secondary | Secondary | 13.1 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.
Nearby Places
Parks (2)
- Unnamed13 m
- Unnamed224 m
Nearby places data: © OpenStreetMap contributors.
School district: Vernon (SD22)
Similar Listings Nearby
Similar active properties nearby based on property type, price, and size.
Explore More Homes
Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($16,200) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.