Property Type: Detached HouseOwnership: Leasehold

833 8 Avenue

Vernon, BC V1H1Z1

$525,000

2 bed2 bath4 parking1,377 sqftBuilt 1992
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Property Details

Property & Lot

Sub-type
House
Stories
1

Ownership & Fees

Property type
Detached House
Ownership
Leasehold
Annual property tax
$1,447

Interior

Basement
Crawl space
Heating
Forced air, See remarks
Cooling / A/C
Central air conditioning
Fireplace
Yes (1)
Fireplace type
Gas, Unknown
Flooring
Carpeted, Linoleum
Appliances
Washer, Refrigerator, Range - Electric, Dishwasher, Dryer, Microwave

Exterior & Lot

Exterior features
Vinyl siding

Building

Roof
Asphalt shingle, Unknown
Water source
Private Utility
Sewer
Septic tank
Parcel ID (PID)
000-000-000

Parking

Total spaces
4 — covered indicated
Features
Attached Garage

Restrictions & Policies

Age / occupancy
Seniors-oriented community

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

Room Dimensions

RoomLevelDimensions
Dining nookMain level8'8'' x 5'4''
Laundry roomMain level5'8'' x 8'6''
Full bathroomMain level7'10'' x 5'9''
BedroomMain level10'11'' x 10'5''
Full ensuite bathroomMain level7'5'' x 7'10''
Primary BedroomMain level11'7'' x 14'7''
Dining roomMain level12'10'' x 7'9''
Living roomMain level16'1'' x 19'7''
Family roomMain level13' x 12'10''
KitchenMain level13'3'' x 9'

Listing Information

MLS®
10377161
Listed
February 28, 2026
Time on market
On the market for 185 days
Data last synced
August 29, 2026

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

Description

Welcome to the 40+ community of Desert Cove and this fantastic, all one level 2 bedroom, 2 bathroom home with a double car garage. Offering a bright and functional layout, there is plenty of room to spread out and add your own creativity. The updated white kitchen is bright and inviting, filled with natural light and seamlessly connected to the family room with direct access to the huge covered screened in back porch and the backyard, perfect for entertaining. A formal dining room and spacious living room with gas fireplace provide plenty of space for gatherings. The generous primary bedroom with a full ensuite. A second bedroom and full bath provide flexibility for guests or hobbies. Step outside to enjoy the lovely yard, perfect for relaxing or gardening in the Okanagan sunshine. With back lane access. Plumbing updated in 2025, this home has been well maintained! Desert Cove is known for its welcoming atmosphere and active lifestyle. Residents can enjoy a full social calendar, exercise programs, clubhouse, indoor pool, hot tub, recreation hall, library, and fitness space. You will quickly discover the friendly spirit of this community as neighbours walk, bike, and golf cart throughout the area. Lease paid to 2068. RV parking available subject to availability. Located within walking distance to Spallumcheen Golf and Country Club and just minutes to Okanagan Lake. An excellent opportunity to enjoy easy living in one of the North Okanagan’s most desirable adult communities. (id:63159)

Values & Trends

This listing

$381/sqft

Building average

No other active listings in this building

Swan Lake West average

$395/sqft

21 active listing(s)

Parking: 4 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

4

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
North Okanagan Junior Academy(Independent)Elementary/Middle5.2 km
Vernon Christian School(Independent)K-125.6 km
B X ElementaryElementary8.4 km
Harwood ElementaryElementary8.6 km
Pleasant Valley Christian Academy(Independent)Elementary/Middle8.6 km
Alexis Park ElementaryElementary8.6 km
W.L. Seaton SecondarySecondary8.9 km
Ecole Beairsto ElementaryElementary9.6 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 (1)

  • Unnamed676 m

Nearby places data: © OpenStreetMap contributors.

School district: Vernon (SD22)

Mortgage & Ownership Cost Calculator

Minimum required: 5.2% ($27,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$420,000.00
Periodic payment — Principal & Interest (monthly)$2,709.70
Additional monthly expenses (strata, tax, utilities, etc.)$189.58
Total monthly cost$2,899.28
Interest paid over 5-yr term$120,373.21
Balance at end of term$377,791.36

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$27,500
Stress test qualifying rate8.09%
Payment you must qualify for$3,825.60

Cash Needed at Closing

Minimum down payment$27,500
Estimated BC PTT$8,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$37,500

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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