Property Type: Land / LotOwnership: Freehold

8944 Hampshire Crescent Lot# 20

Vernon, BC V1H2K9

$385,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.26 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$2,156.9

Interior

Fireplace
None

Exterior & Lot

View
City view, Lake view, Mountain view, Valley view, View of water

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®
10374739
Listed
February 4, 2026
Time on market
On the market for 208 days
Data last synced
August 28, 2026

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

Description

Close your eyes and imagine taking in panoramic city and mountain views from your covered deck, with the sparkling waters of Okanagan Lake stretching out before you. Enjoy the quiet stillness of the morning as you sip your coffee and plan the day ahead — a round of golf at The Rise, a hike or bike ride along the nearby trails, or a relaxing afternoon by your future pool with a good book. This is your opportunity to bring that vision to life. This vacant lot is ready for your dream home, offering an exceptional setting to create the lifestyle you’ve been imagining. The build site is prepared and ready to go — simply choose from one of the three approved Adventure Bay builders and begin designing your future home and pool today. Looking for an opportunity to build close to friends or family? The neighboring property is also available. See Lot 19, 8940 Hampshire Crescent, which can be purchased separately — or together — offering the rare option to build side by side. Be sure to review the supplements for drawings, the Adventure Bay Recreation Facilities Use Agreement, and Design Guidelines. (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 ElementaryElementary4.3 km
Ellison ElementaryElementary6.7 km
Clarence Fulton SecondaryElementary7.0 km
Mission Hill ElementaryElementary9.0 km
Alexis Park ElementaryElementary10.0 km
St James(Independent)Elementary10.2 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% ($19,250) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$308,000.00
Periodic payment — Principal & Interest (monthly)$1,987.11
Additional monthly expenses (strata, tax, utilities, etc.)$179.74
Total monthly cost$2,166.85
Interest paid over 5-yr term$88,273.69
Balance at end of term$277,047.00

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$19,250
Stress test qualifying rate8.09%
Payment you must qualify for$2,812.49

Cash Needed at Closing

Minimum down payment$19,250
Estimated BC PTT$5,700
Legal / closing costs (typical estimate)$1,500
Total cash needed$26,450

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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