Property Type: Detached HouseOwnership: Freehold

7315 Longacre Drive

Vernon, BC V1H1H5

$749,900

3 bed3.5 bath2 parking2,461 sqftBuilt 1986
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
0.24 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,053

Interior

Heating
Forced air, See remarks
Cooling / A/C
Central air conditioning
Fireplace
Yes (1)
Fireplace type
Insert
Flooring
Hardwood, Carpeted, Ceramic Tile, Vinyl

Exterior & Lot

Exterior features
Aluminum
View
Lake view, View (panoramic)

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
2 — covered indicated
Features
Attached Garage

Room Dimensions

RoomLevelDimensions
OtherBasement20' x 13'3''
OtherMain level15'9'' x 13'
OtherBasement12' x 12'
Partial bathroomMain level
OfficeBasement6'3'' x 6'
WorkshopBasement29' x 11'11''
Full bathroomBasement7'2'' x 5'10''
BedroomBasement15' x 11'11''
BedroomBasement15' x 9'6''
Family roomMain level14'11'' x 12'11''
Full ensuite bathroomMain level8'9'' x 8'
Dining roomMain level12' x 7'
Primary BedroomMain level13' x 13'
Living roomMain level17'6'' x 14'9''
KitchenMain level12' x 9'

Listing Information

MLS®
10396102
Listed
July 30, 2026
Time on market
On the market for 32 days
Data last synced
August 28, 2026

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

Description

Well maintained and full of character, this inviting 3-bedroom, 3-bathroom family home is perfectly situated in the heart of Okanagan Landing, offering valley and Okanagan Lake views. Situated on a quiet, family-friendly street, it blends comfort, style, and everyday convenience. Inside, you'll find generously sized rooms and bright, open living spaces that are perfect for both family living and entertaining. Plus there's plenty of parking for multiple vehicles and room for your RV or boat. Ideally located just minutes from Okanagan Lake, beaches, schools, parks, walking trails, and shopping, this home offers everything you need to enjoy the very best of the Okanagan lifestyle. Quick Possession available. (id:63159)

Values & Trends

This listing

$305/sqft

Building average

No other active listings in this building

Okanagan Landing average

$777/sqft

34 active listing(s)

Parking: 2 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 ElementaryElementary477 m
Ellison ElementaryElementary3.0 km
Clarence Fulton SecondaryElementary3.2 km
Mission Hill ElementaryElementary5.1 km
St James(Independent)Elementary6.5 km
Kidston ElementaryElementary6.5 km
Alexis Park ElementaryElementary6.6 km
Ecole Beairsto ElementaryElementary6.8 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: 6.7% ($49,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$599,920.00
Periodic payment — Principal & Interest (monthly)$3,870.48
Additional monthly expenses (strata, tax, utilities, etc.)$460.75
Total monthly cost$4,331.23
Interest paid over 5-yr term$171,938.80
Balance at end of term$539,629.98

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$49,990
Stress test qualifying rate8.09%
Payment you must qualify for$5,382.06

Cash Needed at Closing

Minimum down payment$49,990
Estimated BC PTT$12,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$64,488

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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