Property Type: Land / LotOwnership: Freehold

8836 Tavistock Road

Vernon, BC V1H2K9

$375,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.35 acres
Frontage
62 feet

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$1,822

Interior

Fireplace
None

Exterior & Lot

View
Lake view, Mountain view, Valley view, View (panoramic)

Listing Information

MLS®
10340542
Listed
March 25, 2025
Time on market
On the market for 524 days
Data last synced
August 28, 2026

Listing provided by: Real Broker B.C. Ltd · Data source: CREA DDF.

Description

A fabulous ready to build Lot in the highly sought-after Adventure Bay. Build your dream home with Gorgeous Panoramic views of Okanagan Lake and the Okanagan Valley from this lot. Everything the Okanagan offers easily accessible from this location including beach, wharf access, and walking trails nearby. A short scenic drive to Vernon and all amenities. 3 year commitment to build with Tavistock. Please note the annual RFUA fee for AB (Adventure Bay) is $780.78 and is subject to annual increases as per the CPI or 5% whichever is less. The Seasons clubhouse is not included in this fee or a part of AB, in the past on a limited bases there was an annual membership extended to AB folks for an additional fee and is not being offered to AB members any longer. “Basic Recreation Facilities” means recreation facilities and services provided and owned by the Developer from time to time within the Recreation Lands, or adjacent to the foreshore thereof which may include, but are not limited to, retaining walls, irrigation works, landscaping, nature trails, tennis courts, docks for swimming (not including moorage), and meadow and forest lands. Building Scheme and Design Guidelines for this subdivision must be followed, and all builders must be on the Developer's list of Approved Builders. Purchase price is + GST (id:63159)

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 ElementaryElementary4.0 km
Ellison ElementaryElementary6.4 km
Clarence Fulton SecondaryElementary6.7 km
Mission Hill ElementaryElementary8.6 km
Alexis Park ElementaryElementary9.6 km
St James(Independent)Elementary9.9 km
Ecole Beairsto ElementaryElementary10.1 km
Kidston ElementaryElementary10.3 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% ($18,750) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$300,000.00
Periodic payment — Principal & Interest (monthly)$1,935.50
Additional monthly expenses (strata, tax, utilities, etc.)$151.83
Total monthly cost$2,087.33
Interest paid over 5-yr term$85,980.86
Balance at end of term$269,850.97

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$18,750
Stress test qualifying rate8.09%
Payment you must qualify for$2,739.44

Cash Needed at Closing

Minimum down payment$18,750
Estimated BC PTT$5,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$25,750

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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