Property Type: Land / LotOwnership: Freehold

8816 Stonington Road

Vernon, BC V1H2K8

$299,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.17 acres
Frontage
57 feet

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$1,676

Interior

Fireplace
None

Exterior & Lot

Waterfront
Waterfront nearby

Listing Information

MLS®
10388500
Listed
May 22, 2026
Time on market
On the market for 101 days
Data last synced
August 28, 2026

Listing provided by: Coldwell Banker Executives Realty · Data source: CREA DDF.

Description

Unobstructed lake view building lot at Adventure Bay. Imagine the panoramic views of Okanagan Lake from your newly built home. The lot grading is suited for a rancher style home with a walk out basement. The Adventure Bay community features pathways, lake access, beach and dock on the shores of Okanagan Lake. Don't delay, start living the Okanagan lifestyle today! (id:63159)

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.

Nearby Schools

SchoolTypeDistance
Okanagan Landing ElementaryElementary4.4 km
Ellison ElementaryElementary6.8 km
Clarence Fulton SecondaryElementary7.1 km
Mission Hill ElementaryElementary9.1 km
Alexis Park ElementaryElementary10.1 km
St James(Independent)Elementary10.4 km
Kidston ElementaryElementary10.5 km
Ecole Beairsto ElementaryElementary10.6 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.

School district: Vernon (SD22)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($14,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$239,200.00
Periodic payment — Principal & Interest (monthly)$1,543.24
Additional monthly expenses (strata, tax, utilities, etc.)$139.67
Total monthly cost$1,682.90
Interest paid over 5-yr term$68,555.41
Balance at end of term$215,161.17

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$14,950
Stress test qualifying rate8.09%
Payment you must qualify for$2,184.25

Cash Needed at Closing

Minimum down payment$14,950
Estimated BC PTT$3,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$20,430

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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