Property Type: Land / LotOwnership: Freehold

94 Langford Road

Vernon, BC V1B3E7

$7,999,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
578 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$6,900

Interior

Fireplace
None

Exterior & Lot

Waterfront
Other

Listing Information

MLS®
10386574
Listed
May 8, 2026
Time on market
On the market for 115 days
Data last synced
August 28, 2026

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

Description

This expansive 575+ acre development site consists of 6 individual parcels, offering incredible potential for a variety of projects. While the current zoning is primarily NU (Non-Urban) and LH (Large Housing), the land’s versatility allows for potential small acreage subdivisions or other innovative development ideas. With easy access to surrounding amenities and stunning natural landscapes, this property offers endless possibilities for visionary developers. Whether you’re looking to create a residential community, recreational retreat, or something entirely unique, this prime land is ready for your next big project. (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
Lavington ElementaryElementary2.5 km
Okanagan Waldorf School(Independent)Elementary4.2 km
Crossroads Learning CentreSecondary9.7 km
Charles Bloom SecondaryK-129.7 km
J W Inglis ElementaryElementary9.8 km
Coldstream ElementaryElementary10.5 km
Kalamalka SecondaryElementary11.6 km
Hillview ElementaryElementary11.8 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)

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Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($1,599,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$6,399,200.00
Periodic payment — Principal & Interest (monthly)$41,285.47
Additional monthly expenses (strata, tax, utilities, etc.)$575.00
Total monthly cost$41,860.47
Interest paid over 5-yr term$1,834,029.11
Balance at end of term$5,756,101.10

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$1,599,800
Stress test qualifying rate8.09%
Payment you must qualify for$49,207.61

Cash Needed at Closing

Minimum down payment$1,599,800
Estimated BC PTT$317,950
Legal / closing costs (typical estimate)$1,500
Total cash needed$1,919,250

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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