Vernon · V1H2J6
$2,115/mo
Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
Schedule private showing
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Nice 1 bedroom ground floor unit on the South and more desirable side of the complex. The balcony is; elevated, shaded, safe, and private. The interior is in good condition and in rental ready or close to move in condition. If you are not familiar with The Strand, is it one of the Okanagan's more desirable and also the affordable (or best value) waterfront complexes / communities. Great ownership / occupancy and revenue options including, full time residential living, lock and leave enjoyment with no rental commitments, independent self managed short term rentals, independent monthly or long term rentals, or having your home and rentals professionally managed. If you are not familiar with The Strand it offers a resort type feel with superior and outstanding amenities including a first class dock and moorage facilities, outdoor seasonal pool, year round hot tub, direct access sandy beachfront, safe swim area, beautiful courtyard with firepit, secure underground parking, secure exclusive owners storage areas, SUP and bike storage areas, and lots more. Great close in location close only 6kms from downtown Vernon, close to the head of the lake and just a short walk to; school, park, pub, boat launch, tennis, and pickleball. New heat pump 2020. All furniture and contents are negotiable making for a very easy turnkey investment. Still time to enjoy 2026 at The Strand. View the 360 degree interior tours or call or text for a private viewing.
1
Beds
577 ft²
Floor area
2007
Year built
Single Family
Type
Okanagan Landing
Area
Listed
April 24, 2026
$419,500 is 59.3% below the Lower Mainland Composite HPI benchmark of $1,031,500 (2026-04-01).
Nearby & Commute
51 min
walk to Buy Low Foods
3h 9m
bike to Orchard Park Exchange
10h 29m
walk to Orchard Park Exchange
11h 38m
drive to downtown Vancouver
Estimated travel times. Map data © OpenStreetMap contributors.
Most listed
Detached · 35%
| Detached | 42 | 35.3% |
| Condo / Apartment | 23 | 19.3% |
| Mobile home | 17 | 14.3% |
| Townhouse | 14 | 11.8% |
| Land | 13 | 10.9% |
| Other | 10 | 8.4% |
| $15,000 to $19,999 | 10 | 3.0% |
| $20,000 to $24,999 | 10 | 3.0% |
| $25,000 to $29,999 | 5 | 1.5% |
| $30,000 to $34,999 | 5 | 1.5% |
| $35,000 to $39,999 | 5 | 1.5% |
| $40,000 to $44,999 | 10 | 3.0% |
| $45,000 to $49,999 | 20 | 6.1% |
| $50,000 to $59,999 | 15 | 4.5% |
| $60,000 to $69,999 | 20 | 6.1% |
| $70,000 to $79,999 | 15 | 4.5% |
| $80,000 to $89,999 | 15 | 4.5% |
| $90,000 to $99,999 | 25 | 7.6% |
| $100,000 to $124,999 | 35 | 10.6% |
| $125,000 to $149,999 | 35 | 10.6% |
| $150,000 to $199,999 | 50 | 15.2% |
| $200,000 and over | 55 | 16.7% |
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A clearer view of the monthly and upfront costs connected to this home.
Monthly ownership costs
Estimated monthly total
Calculated estimate
$2,115
Principal and interest
Calculated estimate
$1,848
Property tax
Calculated estimate
$117/mo
Home insurance
Assumption
$150/mo
Purchase snapshot
List price
Listing data
$399,500
Down payment
Calculated estimate
$79,900 (20%)
Estimated mortgage
Calculated estimate
$319,600
Estimates update with the mortgage controls below. They do not include utilities, maintenance, legal fees, or other closing costs.
Mortgage estimate
Metro averages
Est. monthly total
$2,115
/mo
Rate
%
Amortization
Principal and interest
$1,848
Property tax (est.)
$117
P&I
Tax
Down payment
$79,900 (20%)
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Jessica specialises in residential financing across Greater Vancouver, helping buyers secure competitive rates and navigate complex purchases with clarity.
Jessica Kuan
Licensed Mortgage Broker
This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $79,900 down (20%) on $399,500, Canadian semi-annual compounding. Property tax estimated at Greater Vancouver metro average. No strata fee on record for this listing. Home insurance, land transfer tax, and closing costs are not included. Consult a licensed mortgage professional for personalised advice. Mortgage professionals featured here are independent licensed brokers. Ray Rasouli may receive a referral fee if you choose to work with one. You are under no obligation to use any recommended provider. Full disclosure.
At 5.5698 per $1,000 of assessed value.
Estimated by applying the municipal rate to the asking price. Your actual bill is based on the BC Assessment value, which is set separately and usually differs from the sale price. Home owner grants are not included.
Variable mortgages are quoted against this.
Fixed mortgage pricing follows this.
Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
Daily mean across the year.
On the drier side for BC.
Averaged from the last ten complete years of Environment Canada observations at the nearest principal station, so it reflects the climate as it is now rather than a thirty year normal.
In a mapped wildland-urban interface zone. Affects insurance and FireSmart requirements.
Based on where this point falls in provincial map layers, not a site survey or a formal hazard assessment. Confirm with the municipality, a professional, and your insurer before relying on it.
