Property Type: Detached HouseOwnership: Freehold

8940 Tavistock Road

Vernon, BC V1H2L4

$1,129,000

5 bed5.5 bath4 parking3,605 sqftBuilt 2022
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Property Details

Property & Lot

Sub-type
House
Stories
3
Lot size
0.28 acres
Frontage
65 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,910

Interior

Basement
Full
Heating
Forced air, See remarks
Cooling / A/C
Central air conditioning
Fireplace
Yes (1)
Fireplace type
Gas, Unknown
Flooring
Laminate, Ceramic Tile

Exterior & Lot

Exterior features
Other, Aluminum

Building

Roof
Other, Unknown

Parking

Total spaces
4 — covered indicated
Features
Attached Garage, Additional Parking

Room Dimensions

RoomLevelDimensions
Utility roomBasement6'9'' x 7'0''
3pc BathroomBasement4'11'' x 9'0''
Recreation roomBasement23'6'' x 46'1''
Utility roomSecond level16'4'' x 12'2''
Laundry roomSecond level9'0'' x 7'1''
3pc BathroomSecond level10'1'' x 4'11''
4pc BathroomSecond level11'' x 9'4''
BedroomSecond level9'9'' x 15'3''
BedroomSecond level9'3'' x 10'11''
BedroomSecond level10'11'' x 10'11''
Family roomSecond level18'10'' x 22'4''
FoyerMain level7'8'' x 11'6''
OtherMain level10'5'' x 10'11''
2pc BathroomMain level5'5'' x 6'6''
BedroomMain level9'11'' x 12'2''
5pc Ensuite bathMain level10'0'' x 11'6''
Primary BedroomMain level12'2'' x 17'11''
KitchenMain level10'11'' x 14'11''
Dining roomMain level10'11'' x 9'1''
Living roomMain level18'2'' x 18'9''

Listing Information

MLS®
10383762
Listed
April 17, 2026
Time on market
On the market for 136 days
Data last synced
August 28, 2026

Listing provided by: Oakwyn Realty Okanagan-Letnick Estates · Data source: CREA DDF.

Description

Priced below recent sales on the street, this 5 Bed lakeview home on one of the largest lots on Tavistock Rd offers exceptional value! Located in the prestigious Adventure Bay community, this exceptional 5 Bed 5 Bath home offers sweeping 360-degree views of Okanagan Lake and the surrounding mountains from every level. Designed to maximize light and space, the home features a bright, open-concept main living area with expansive windows that seamlessly connect the kitchen, dining, and living spaces, ideal for everyday living and entertaining. Genuinely sized bedrooms throughout provide comfort and flexibility, while the spacious primary suite includes a walk-in closet and a 5 pc ensuite. The lower levels offer additional bedrooms, a large family and recreation area, and a separate entrance, perfect for multi-generational living. Located in sought-after Adventure Bay, just minutes to the lake, beaches, trails and world-class golf. Priced at nearly 200K below assessed value and priced below recent comparables, this is a compelling opportunity offering space, views, and long-term upside. Vacant and ready for quick possession. (id:63159)

Values & Trends

This listing

$313/sqft

Building average

No other active listings in this building

Adventure Bay average

$551/sqft

15 active listing(s)

Parking: 4 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

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 ElementaryElementary4.0 km
Ellison ElementaryElementary6.4 km
Clarence Fulton SecondaryElementary6.7 km
Mission Hill ElementaryElementary8.7 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: 7.8% ($87,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$903,200.00
Periodic payment — Principal & Interest (monthly)$5,827.14
Additional monthly expenses (strata, tax, utilities, etc.)$672.50
Total monthly cost$6,499.64
Interest paid over 5-yr term$258,859.72
Balance at end of term$812,431.32

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$87,900
Stress test qualifying rate8.09%
Payment you must qualify for$8,005.69

Cash Needed at Closing

Minimum down payment$87,900
Estimated BC PTT$20,580
Legal / closing costs (typical estimate)$1,500
Total cash needed$109,980

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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