Property Type: Land / LotOwnership: Freehold

8940 Hampshire Crescent Lot# 19

Vernon, BC V1H2K9

$349,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.26 acres
Frontage
62 feet

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$2,101.39

Interior

Fireplace
None

Exterior & Lot

View
Lake view, Mountain view

Restrictions & Policies

Pets
Allowed
Rentals
Allowed

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Listing Information

MLS®
10398508
Listed
August 22, 2026
Time on market
On the market for 9 days
Data last synced
August 28, 2026

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

Description

YOUR OKANAGAN DREAM STARTS HERE. How long have you been searching for the perfect place to build a home that truly checks all the boxes? This exceptional lot offers the opportunity to create something special—a modern rancher with a walkout basement, beautiful lake views & plenty of usable outdoor space for the pool and backyard you’ve always envisioned. Imagine starting your day with the sunrise over the lake, enjoying your morning coffee surrounded by peace & tranquility, and coming home to a setting that feels like a retreat—all while remaining just 15 minutes from Vernon and approximately 45 minutes from Kelowna International Airport. The build site is prepared & ready for your vision. Choose from one of the three approved Adventure Bay builders and start planning a home designed around the way you want to live. Looking to build near friends or family? The neighbouring property is also available at Lot 20, 8944 Hampshire Crescent, creating the rare opportunity to purchase one or both lots and build side by side. A beautiful setting, lake views, room for a pool & the opportunity to design your ideal Okanagan home—this is more than just a lot. It’s the beginning of what comes next. Please review the supplements for available drawings, the Adventure Bay Recreation Facilities Use Agreement & Design Guidelines. (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 ElementaryElementary4.3 km
Ellison ElementaryElementary6.7 km
Clarence Fulton SecondaryElementary7.0 km
Mission Hill ElementaryElementary9.0 km
Alexis Park ElementaryElementary10.0 km
St James(Independent)Elementary10.3 km
Ecole Beairsto ElementaryElementary10.5 km
Kidston ElementaryElementary10.5 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.

School district: Vernon (SD22)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($17,450) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$279,200.00
Periodic payment — Principal & Interest (monthly)$1,801.30
Additional monthly expenses (strata, tax, utilities, etc.)$175.12
Total monthly cost$1,976.42
Interest paid over 5-yr term$80,019.52
Balance at end of term$251,141.30

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$17,450
Stress test qualifying rate8.09%
Payment you must qualify for$2,549.50

Cash Needed at Closing

Minimum down payment$17,450
Estimated BC PTT$4,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$23,930

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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