Property Type: Land / LotOwnership: Freehold

9534 Hodges Road

Vernon, BC V1H2G4

$315,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.6 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$1,022

Interior

Fireplace
None

Exterior & Lot

View
Lake view, Mountain view, View (panoramic)
Waterfront
Other

Restrictions & Policies

Pets
Allowed, Allowed with restrictions

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

Listing Information

MLS®
10390751
Listed
June 17, 2026
Time on market
On the market for 75 days
Data last synced
August 28, 2026

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

Description

This flat, vacant lot offers unbeatable value and an exceptional opportunity to build near the water. Just a five-minute walk from the beach and boat launch, this prime property provides effortless access to boating, fishing, ATVing, and hiking. With its level, fully cleared terrain, construction is hassle-free saving you time and money as you design your perfect lakeview retreat. If you're looking for the best lot to bring your dream home to life, this is it. (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 ElementaryElementary12.1 km
Oyama Traditional SchoolElementary13.1 km
Ellison ElementaryElementary14.6 km
Clarence Fulton SecondaryElementary14.9 km
Davidson Road ElementaryElementary16.7 km
Mission Hill ElementaryElementary16.9 km
Kidston ElementaryElementary17.5 km
Alexis Park ElementaryElementary18.1 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: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($15,750) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$252,000.00
Periodic payment — Principal & Interest (monthly)$1,625.82
Additional monthly expenses (strata, tax, utilities, etc.)$85.17
Total monthly cost$1,710.99
Interest paid over 5-yr term$72,223.92
Balance at end of term$226,674.82

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$15,750
Stress test qualifying rate8.09%
Payment you must qualify for$2,301.13

Cash Needed at Closing

Minimum down payment$15,750
Estimated BC PTT$4,300
Legal / closing costs (typical estimate)$1,500
Total cash needed$21,550

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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