Property Type: Condo / ApartmentOwnership: Strata

7343 Okanagan Landing Road Unit# 1114

Vernon, BC V1H2J6

$399,500

1 bed1 bath1 parking577 sqftBuilt 2007
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Property Details

Property & Lot

Sub-type
Apartment
Stories
1

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$440/mo
Annual property tax
$2,024

Interior

Heating
Electric
Cooling / A/C
Central air conditioning
Fireplace
Yes (1)
Fireplace type
Insert
Flooring
Carpeted, Ceramic Tile

Exterior & Lot

Exterior features
Stone, Stucco, Other
View
Lake view, Mountain view
Waterfront
Waterfront on lake
Pool
Outdoor pool

Building

Roof
Other, Unknown

Parking

Total spaces
1 — uncovered indicated
Features
Parkade

Room Dimensions

RoomLevelDimensions
OtherMain level7'5'' x 10'0''
FoyerMain level8'3'' x 7'5''
Dining roomMain level6'10'' x 12'1''
Full bathroomMain level7'11'' x 4'11''
Primary BedroomMain level13'7'' x 11'1''
KitchenMain level8'1'' x 8'6''
Living roomMain level11'10'' x 10'10''

Listing Information

MLS®
10384796
Listed
April 24, 2026
Time on market
On the market for 129 days
Data last synced
August 28, 2026

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

Description

Nice 1 bedroom ground floor unit on the South and more desirable side of the complex. The balcony is; elevated, shaded, safe, and private. The interior is in good condition and in rental ready or close to move in condition. If you are not familiar with The Strand, is it one of the Okanagan's more desirable and also the affordable (or best value) waterfront complexes / communities. Great ownership / occupancy and revenue options including, full time residential living, lock and leave enjoyment with no rental commitments, independent self managed short term rentals, independent monthly or long term rentals, or having your home and rentals professionally managed. If you are not familiar with The Strand it offers a resort type feel with superior and outstanding amenities including a first class dock and moorage facilities, outdoor seasonal pool, year round hot tub, direct access sandy beachfront, safe swim area, beautiful courtyard with firepit, secure underground parking, secure exclusive owners storage areas, SUP and bike storage areas, and lots more. Great close in location close only 6kms from downtown Vernon, close to the head of the lake and just a short walk to; school, park, pub, boat launch, tennis, and pickleball. New heat pump 2020. All furniture and contents are negotiable making for a very easy turnkey investment. Still time to enjoy 2026 at The Strand. View the 360 degree interior tours or call or text for a private viewing. (id:63159)

Values & Trends

This listing

$692/sqft

Building average

$537/sqft

13 active listing(s)

Okanagan Landing average

$631/sqft

22 active listing(s)

Parking: 1 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.

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
Okanagan Landing ElementaryElementary103 m
Ellison ElementaryElementary2.6 km
Clarence Fulton SecondaryElementary2.9 km
Mission Hill ElementaryElementary4.8 km
St James(Independent)Elementary6.2 km
Alexis Park ElementaryElementary6.2 km
Ecole Beairsto ElementaryElementary6.4 km
Kidston ElementaryElementary6.5 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)

  • Lakeshore Park480 m
  • Lakers Park693 m

Nearby places data: © OpenStreetMap contributors.

School district: Vernon (SD22)

Other Listings in This Building

Other units currently listed in the same building. 7343 Okanagan Landing Road

View building profile →
Built 2009
7343 Okanagan Landing Road Unit# 1312
Condo / Apartment

$545,000

7343 Okanagan Landing Road Unit# 1312, Vernon

2 bed2 bath1 parking946 sqft

$731/mo maintenance

MLS® 10380941Royal LePage Kelowna
7343 Okanagan Landing Road Unit# 1210
Condo / Apartment

$440,000

7343 Okanagan Landing Road Unit# 1210, Vernon

2 bed2 bath1 parking994 sqft

$764/mo maintenance

MLS® 10378607Royal LePage Downtown Realty
7343 Okanagan Landing Road Unit# 1112
Condo / Apartment

$440,000

7343 Okanagan Landing Road Unit# 1112, Vernon

2 bed2 bath1 parking944 sqft

$731/mo maintenance

MLS® 10381793RE/MAX Vernon
7343 Okanagan Landing Road Unit# 1118
Condo / Apartment

$445,000

7343 Okanagan Landing Road Unit# 1118, Vernon

2 bed2 bath2 parking995 sqft

$760/mo maintenance

MLS® 10390844Coldwell Banker Executives Realty
7343 Okanagan Landing Road Unit# 1124
Condo / Apartment

$569,900

7343 Okanagan Landing Road Unit# 1124, Vernon

2 bed3 bath1 parking1,245 sqft

$922/mo maintenance

MLS® 10378038RE/MAX Vernon Salt Fowler
7343 Okanagan Landing Road Unit# 2405
Condo / Apartment

$660,000

7343 Okanagan Landing Road Unit# 2405, Vernon

2 bed2 bath1 parking1,005 sqft

$706/mo maintenance

MLS® 10371027Stonehaus Realty Corp.
7343 Okanagan Landing Road Unit# 1130
Townhouse

$579,000

7343 Okanagan Landing Road Unit# 1130, Vernon

2 bed3 bath1 parking1,190 sqft

$922/mo maintenance

MLS® 103937173 Percent Realty Inc.
7343 Okanagan Landing Road Unit# 1209
Condo / Apartment

$487,500

7343 Okanagan Landing Road Unit# 1209, Vernon

2 bed2 bath1 parking994 sqft

$764/mo maintenance

MLS® 10374857RE/MAX Vernon
7343 Okanagan Landing Road Unit# 2303
Condo / Apartment

$499,999

7343 Okanagan Landing Road Unit# 2303, Vernon

2 bed2 bath1 parking970 sqft

$747/mo maintenance

MLS® 10386272Royal LePage Downtown Realty
7343 Okanagan Landing Road Unit# 1119
Townhouse

$625,000

7343 Okanagan Landing Road Unit# 1119, Vernon

2 bed3 bath1 parking1,167 sqft

$905/mo maintenance

MLS® 10377249Coldwell Banker Executives Realty
7343 Okanagan Landing Road Unit# 1324
Condo / Apartment

$670,000

7343 Okanagan Landing Road Unit# 1324, Vernon

1 bed2 bath1 parking950 sqft

$631/mo maintenance

MLS® 10379027RE/MAX Vernon
7343 Okanagan Landing Road Unit# 1213
Condo / Apartment

$395,000

7343 Okanagan Landing Road Unit# 1213, Vernon

1 bed1 bath1 parking528 sqft

$440/mo maintenance

MLS® 10395146RE/MAX Vernon
7343 Okanagan Landing Road Unit# 2105
Condo / Apartment

$425,000

7343 Okanagan Landing Road Unit# 2105, Vernon

2 bed2 bath2 parking943 sqft

$731/mo maintenance

MLS® 10394046RE/MAX Vernon

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($19,975) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$319,600.00
Periodic payment — Principal & Interest (monthly)$2,061.95
Additional monthly expenses (strata, tax, utilities, etc.)$637.82
Total monthly cost$2,699.77
Interest paid over 5-yr term$91,598.28
Balance at end of term$287,481.23

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$19,975
Stress test qualifying rate8.09%
Payment you must qualify for$2,918.41

Cash Needed at Closing

Minimum down payment$19,975
Estimated BC PTT$5,990
Legal / closing costs (typical estimate)$1,500
Total cash needed$27,465

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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