Property Type: Land / LotOwnership: Freehold

8885 Westside Road

Vernon, BC V1H2E8

$175,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.25 acres
Frontage
85 feet

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$710.49

Interior

Fireplace
None

Exterior & Lot

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

Listing Information

MLS®
10371753
Listed
January 7, 2026
Time on market
On the market for 236 days
Data last synced
August 28, 2026

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

Description

Rare opportunity to secure a quarter-acre lot overlooking the monumental Okanagan Valley and Okanagan Lake. Properties offering sweeping valley-wide and lake views like this are few and far between, making this an exceptional place to build your dream home in one of British Columbia’s most sought-after regions. Especially when you have a public boat launch right below your home at the lake. Imagine pulling into your garage, walking through the front door, and being greeted by shimmering lake views that stretch across the entire valley, knowing you designed and built this house exactly the way you envisioned. This lot offers the ideal canvas for a custom walk-out rancher, lake-view home, allowing you to maximize both views and lifestyle. Securing a view lot like this for for this price represents outstanding value and long-term potential. Located along scenic Westside Road, enjoy a peaceful drive through the Okanagan landscape, away from the hustle and bustle of downtown Kelowna, while still remaining comfortably close to city amenities. Take advantage of this rare offering and have a drive-by to experience the incredible views firsthand. (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
Oyama Traditional SchoolElementary12.3 km
Okanagan Landing ElementaryElementary13.7 km
Davidson Road ElementaryElementary15.0 km
Ellison ElementaryElementary16.2 km
Clarence Fulton SecondaryElementary16.5 km
George Elliot SecondarySecondary17.7 km
HS Grenda Middle SchoolMiddle17.9 km
Peter Greer ElementaryElementary18.0 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: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($8,750) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$140,000.00
Periodic payment — Principal & Interest (monthly)$903.23
Additional monthly expenses (strata, tax, utilities, etc.)$59.21
Total monthly cost$962.44
Interest paid over 5-yr term$40,124.40
Balance at end of term$125,930.45

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$8,750
Stress test qualifying rate8.09%
Payment you must qualify for$1,278.40

Cash Needed at Closing

Minimum down payment$8,750
Estimated BC PTT$1,750
Legal / closing costs (typical estimate)$1,500
Total cash needed$12,000

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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