- Active
#1118 – 7343 Okanagan Landing Road
Vernon · Single Family
- Beds
- 2
- Baths
- 2
- Sqft
- 995
- Built
- 2007
Listed by Coldwell Banker Executives Realty · MLS® 10390844
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Sign inAbout this home
Priced below assessed value! Welcome to The Strand, one of the Okanagan's premier waterfront communities. This ground-floor garden suite offers direct patio access to the beautifully manicured courtyard. Inside, you'll find an open-concept layout with two spacious bedrooms, each featuring its own private ensuite. Large east-facing windows fill the home with natural light, while courtyard landscaping creates privacy in the living area. Recent updates include fresh paint, brand-new flooring, newer appliances, and a newer heat pump. Convenience is key with in-suite laundry, a dedicated storage room, secure underground parking, and additional storage for all your seasonal gear. The Strand allows short-term rentals, making this an excellent opportunity for investors, snowbirds, or anyone seeking a flexible lock-and-leave property. Similar properties are reporting 50k annual revenue for short-term rental (Buyers should do their own due diligence). Resort-style amenities make it a popular booking; they include a pool, year-round hot tub, and direct access to the beach and waterfront pathways. Whether you're looking for a full-time residence, vacation getaway, or income-producing investment, this is your chance to own in one of the Okanagan's most desirable waterfront communities.
Home facts
- Bedrooms
- 2
- Bathrooms
- 2 full
- Interior
- 995 sq ft
- Year built
- 2007
- Storey
- 1
- Parking
- 2
- Property type
- Single Family
- Fireplace
- 1
- Area
- Okanagan Landing
- Listed
- June 9, 2026
- Structure
- Apartment
- PID
- 027-224-481
- Common interest
- Condo/Strata
Highlights
- Waterfront
- Pool
- In-suite laundry
- Patio
- Hot tub
- Underground parking
Features and inclusions
- Heating
- Heat Pump, See remarks
- Cooling
- Heat Pump
- Parking
- Parkade
Rooms and building
- Sewer
- Municipal sewage system
- Water
- Municipal water
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
Monthly and upfront costs
Uses the posted 5-year rate (5.19%), 20% down and a 25-year amortization.
Monthly ownership costs
- Principal and interest
- $2,014
- Property tax
- $125/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $2,289
Purchase snapshot
- List price
- $425,000
- Down payment
- $85,000 (20%)
- Estimated mortgage
- $340,000
Estimates only. They leave out utilities, upkeep and closing costs.
Borrowing costs
What money costs right now
The rates behind any payment estimate on this page.
- Prime rate
- 4.45%
- Variable mortgages are quoted against this.
- 5 year bond yield
- 3.68%
- Fixed mortgage pricing follows this.
- Policy rate
- 2.25%
- Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
Source: Bank of Canada. As of 2026-09-29
Property tax
What the tax bill looks like
Municipal, regional, hospital and school rates combined.
- Estimated annual tax
- $2,549
- At 5.9974 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.
Source: Province of British Columbia, Local Government Statistics Schedule 702, 2026. As of 2026-01-01
Neighbourhood
Estimated travel times. Map data © OpenStreetMap contributors.
Climate
What the weather is like in Vernon
Ten year average, 2016–2025.
- Average temperature
- 9.1°C
- Daily mean across the year.
- Yearly precipitation
- 345 mm
- 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.
Source: Environment and Climate Change Canada, monthly climate summaries
Land and hazards
What the maps say about this land
Provincial designations and mapped natural hazards at this location.
- Wildfire interface
- Extreme risk
- 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.
Source: BC Geographic Warehouse (Agricultural Land Commission, BC Wildfire Service)
Most listed
Detached · 31%
Who lives here
Documents
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