Property Type: Land / LotOwnership: Freehold

Lot 25 Hodges Road

Vernon, BC V1H2G4

$280,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.94 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$1,094

Interior

Fireplace
None

Exterior & Lot

View
Lake view, Mountain view, Valley view, View (panoramic)

Listing Information

MLS®
10384079
Listed
April 21, 2026
Time on market
On the market for 132 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Downtown Realty · Data source: CREA DDF.

Description

Incredible 0.945 Acre Lot with Stunning Okanagan Lake Views. This rare, nearly 1 acre hillside lot offers spectacular 180 degree views of Okanagan Lake and the surrounding mountains an opportunity to build your dream home in one of the most scenic and peaceful areas of the Okanagan. Situated just steps from Killiney Beach Park, you’ll enjoy the benefits of lakefront living without the lakefront price tag. With endless outdoor activities nearby, including Okanagan Lake, Fintry Provincial Park, and numerous scenic trails, this location is perfect for outdoor enthusiasts. Whether you’re looking for a year round opportunity residence, a vacation retreat, or an investment opportunity, this lot offers an amazing view and location. Conveniently located just 30 minutes to Vernon and 45 minutes to Kelowna, this property provides easy access to all the amenities and attractions of the Okanagan while offering a tranquil, private setting. Don’t miss out on this rare opportunity in the Okanagan. (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 ElementaryElementary12.6 km
Oyama Traditional SchoolElementary12.7 km
Ellison ElementaryElementary15.1 km
Clarence Fulton SecondaryElementary15.4 km
Davidson Road ElementaryElementary16.0 km
Mission Hill ElementaryElementary17.3 km
Kidston ElementaryElementary17.8 km
Kalamalka SecondaryElementary18.4 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% ($14,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$224,000.00
Periodic payment — Principal & Interest (monthly)$1,445.17
Additional monthly expenses (strata, tax, utilities, etc.)$91.17
Total monthly cost$1,536.34
Interest paid over 5-yr term$64,199.04
Balance at end of term$201,488.72

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$14,000
Stress test qualifying rate8.09%
Payment you must qualify for$2,045.45

Cash Needed at Closing

Minimum down payment$14,000
Estimated BC PTT$3,600
Legal / closing costs (typical estimate)$1,500
Total cash needed$19,100

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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