Property Type: Land / LotOwnership: Freehold

8916 Hampshire Crescent

Vernon, BC V1H2K9

$445,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.28 acres
Frontage
58 feet

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$1,926

Interior

Fireplace
None

Exterior & Lot

View
City view, Lake view, Mountain view, Valley view, View of water, View (panoramic)
Waterfront
Other

Listing Information

MLS®
10385408
Listed
May 6, 2026
Time on market
On the market for 117 days
Data last synced
August 28, 2026

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

Description

Embrace the tranquil beauty of lake view living on this captivating 0.28-acre lot in Adventure Bay in Vernon. Situated in one of the most coveted locations, this property offers an unparalleled opportunity to build your dream home with breathtaking views of Okanagan Lake. Envision a stunning walkout rancher style home that seamlessly blends indoor and outdoor living. Imagine waking up to the gentle sounds of Nature, stepping out onto your expansive deck to savour a morning coffee as the sun rises over the lake. The lot's generous size provides ample room for a pool, perfect for cooling off on hot summer days or hosting unforgettable gatherings with friends and family. Whether you envision a serene oasis for relaxation or an entertainer's paradise, the possibilities are endless. As the sun sets, bask in the warm glow of the evening sky while enjoying panoramic views of the lake and surrounding mountains. Adventure Bay offers a sense of serenity and tranquility, with nature's beauty right at your doorstep. Imagine weekends spent boating, fishing, or simply lounging by the water's edge. Adventure Bay is a haven for outdoor enthusiasts, with hiking and biking trails nearby for those seeking adventure. Don't miss this rare opportunity to own a piece of paradise. Build the home you've always dreamed of and create memories that will last a lifetime. The owner's proposed building plans are available to view. (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 ElementaryElementary4.4 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
Ecole Beairsto ElementaryElementary10.6 km
Kidston 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% ($22,250) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$356,000.00
Periodic payment — Principal & Interest (monthly)$2,296.79
Additional monthly expenses (strata, tax, utilities, etc.)$160.50
Total monthly cost$2,457.29
Interest paid over 5-yr term$102,030.62
Balance at end of term$320,223.15

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$22,250
Stress test qualifying rate8.09%
Payment you must qualify for$3,250.80

Cash Needed at Closing

Minimum down payment$22,250
Estimated BC PTT$6,900
Legal / closing costs (typical estimate)$1,500
Total cash needed$30,650

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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