Property Type: Land / LotOwnership: Freehold

Lot 145 Keithley Road Lot# 145

Vernon, BC V1H2C8

$84,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.51 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$410

Interior

Fireplace
None

Exterior & Lot

View
Lake view

Restrictions & Policies

Pets
Allowed

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

Listing Information

MLS®
10336509
Listed
March 4, 2025
Time on market
On the market for 545 days
Data last synced
August 28, 2026

Listing provided by: LandQuest Realty Corp. (Interior) · Data source: CREA DDF.

Description

Fully treed lot overlooking Okanagan lake for under 100 k! Property is priced under the 2025 assessment. Excellent lot for year round living or a cabin in the woods. Lot is 100 feet wide and 221 feet deep (0.51 acres). Property is sloping and ideal for a walk out basement. Power nearby, water at lot line, will need a private septic system. This affordable lot priced below its assessment. Zoned RU5 – Small Lot Country Residential and not in the ALR. No building scheme on title and there are no timelines to build. Water fees: $174.00/quarter ($696.00 yearly). Approximately 35 minutes to either West Kelowna or Vernon. (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 ElementaryElementary13.0 km
Oyama Traditional SchoolElementary13.6 km
Ellison ElementaryElementary15.5 km
Clarence Fulton SecondaryElementary15.8 km
Davidson Road ElementaryElementary16.8 km
Mission Hill ElementaryElementary17.7 km
Kidston ElementaryElementary18.4 km
Alexis Park ElementaryElementary18.9 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% ($4,200) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$67,200.00
Periodic payment — Principal & Interest (monthly)$433.55
Additional monthly expenses (strata, tax, utilities, etc.)$34.17
Total monthly cost$467.72
Interest paid over 5-yr term$19,259.71
Balance at end of term$60,446.62

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$4,200
Stress test qualifying rate8.09%
Payment you must qualify for$613.63

Cash Needed at Closing

Minimum down payment$4,200
Estimated BC PTT$840
Legal / closing costs (typical estimate)$1,500
Total cash needed$6,540

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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