Property Type: Land / LotOwnership: Freehold

Lot 34 Winchester Road

Vernon, BC V1H2E1

$240,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.61 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$317.12

Interior

Fireplace
None

Listing Information

MLS®
10255135
Listed
June 2, 2022
Time on market
On the market for 1551 days
Data last synced
August 28, 2026

Listing provided by: PG Direct Realty · Data source: CREA DDF.

Description

Visit REALTOR website for additional information. Bring your ideas and build your dream home! This beautiful .61 acre lot located at the top of the Killiney beach community is nestled in forested land, overlooking Okanagan Lake. RU5 zoning allows for many different options including a single detached home, accessory buildings and bed and bed breakfast etc. ATV and hiking trails at end of street that lead to endless Crown land and a fishing lake. This is a friendly and quiet community just minutes to Killiney Beach Park with a gorgeous beach, boat launch and picnic grounds. A few minutes further is Evely Campground and beach. There is no gas, water is at the property line, Septic permit required. There is also a fire hydrant on the next lot and a fire department close by. (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 ElementaryElementary13.3 km
Oyama Traditional SchoolElementary13.6 km
Ellison ElementaryElementary15.8 km
Clarence Fulton SecondaryElementary16.1 km
Davidson Road ElementaryElementary16.6 km
Mission Hill ElementaryElementary18.0 km
Kidston ElementaryElementary18.7 km
Kalamalka SecondaryElementary19.2 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% ($12,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$192,000.00
Periodic payment — Principal & Interest (monthly)$1,238.72
Additional monthly expenses (strata, tax, utilities, etc.)$26.43
Total monthly cost$1,265.15
Interest paid over 5-yr term$55,027.75
Balance at end of term$172,704.62

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$12,000
Stress test qualifying rate8.09%
Payment you must qualify for$1,753.24

Cash Needed at Closing

Minimum down payment$12,000
Estimated BC PTT$2,800
Legal / closing costs (typical estimate)$1,500
Total cash needed$16,300

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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