Property Type: Detached HouseOwnership: Leasehold

851 8 Avenue

Vernon, BC V1H1Z1

$534,900

2 bed2 bath4 parking1,500 sqftBuilt 2004
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Property Details

Property & Lot

Sub-type
House
Stories
1
Lot size
0.17 acres

Ownership & Fees

Property type
Detached House
Ownership
Leasehold
Annual property tax
$1,706

Interior

Basement
Crawl space
Heating
Forced air, See remarks
Cooling / A/C
Central air conditioning
Fireplace
Yes (1)
Fireplace type
Gas, Unknown
Flooring
Tile, Laminate

Exterior & Lot

Exterior features
Vinyl siding
View
View (panoramic)

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
4 — covered indicated
Features
Attached Garage

Restrictions & Policies

Pets
Allowed
Rentals
Allowed
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
Living roomMain level14' x 14'
3pc Ensuite bathMain level
4pc BathroomMain level
BedroomMain level11' x 11'6''
Primary BedroomMain level15' x 14'
KitchenMain level11' x 14'
Dining roomMain level10' x 10'6''
Family roomMain level10'6'' x 14'

Listing Information

MLS®
10382850
Listed
April 21, 2026
Time on market
On the market for 132 days
Data last synced
August 28, 2026

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

Description

This well maintained home is nicely location in Desert Cove. The home offers hardwood flooring & vaulted ceiling as you enter. Then onward into the bright & open family room. The kitchen offer lots of nice white cabinets & long usable counter tops for the chef. There is an island for quests to sit at as you prepare a snack. The kitchen & family both face the south which provides for a bright major living area. Attached is a fully covered south facing patio for the summer enjoyment. The home has a large master bedroom with walk-in closet plus an adjoining en-suite. There is a second bedroom for the quests. Come with a builtin vacuum system. The garage is set up for the handyman with lots of workable area. A back lane access for the Gardener. A Double size garage & double parking on the drive way. A visit to this home well show you what your future could look like. Retirement at its best. (id:63159)

Values & Trends

This listing

$357/sqft

Building average

No other active listings in this building

Swan Lake West average

$396/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

18°C

Humidity 66%

Wind ESE 16 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 ElementaryElementary8.3 km
Harwood ElementaryElementary8.6 km
Pleasant Valley Christian Academy(Independent)Elementary/Middle8.6 km
Alexis Park ElementaryElementary8.6 km
W.L. Seaton SecondarySecondary8.8 km
Ecole Beairsto ElementaryElementary9.5 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 (1)

  • Unnamed722 m

Nearby places data: © OpenStreetMap contributors.

School district: Vernon (SD22)

Mortgage & Ownership Cost Calculator

Minimum required: 5.3% ($28,490) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$427,920.00
Periodic payment — Principal & Interest (monthly)$2,760.79
Additional monthly expenses (strata, tax, utilities, etc.)$217.17
Total monthly cost$2,977.96
Interest paid over 5-yr term$122,643.10
Balance at end of term$384,915.42

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$28,490
Stress test qualifying rate8.09%
Payment you must qualify for$3,894.12

Cash Needed at Closing

Minimum down payment$28,490
Estimated BC PTT$8,698
Legal / closing costs (typical estimate)$1,500
Total cash needed$38,688

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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