Armstrong · V4Y0L4
$8,753/mo
Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
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This rare 12 acre greenfield site is located in the heart of Armstrong, BC, a bedroom community of Vernon. The new OCP designation calls for medium/high density residential and commercial and identifies it “the most significant greenfield and opportunity for new neighbourhood development in Armstrong”. Located close to schools, parks, and all downtown amenities. 15 minute drive to Vernon approx 1 hour drive to Kelowna. Priced to sell around $200k an acre, secure a keystone project in the heart of the Okanagan, and one of the few development parcels remaining inside the City.
Vacant Land
Type
Armstrong/ Spall.
Area
Listed
May 20, 2026
Nearby & Commute
7 min
walk to Askew's Foods
5h 9m
bike to Orchard Park Exchange
17h 7m
walk to Orchard Park Exchange
12h 24m
drive to downtown Vancouver
Estimated travel times. Map data © OpenStreetMap contributors.
Most listed
Detached · 68%
| Detached | 25 | 67.6% |
| Land | 4 | 10.8% |
| Townhouse | 3 | 8.1% |
| Duplex | 2 | 5.4% |
| Farm | 2 | 5.4% |
| Other | 1 | 2.7% |
| $20,000 to $24,999 | 10 | 5.9% |
| $25,000 to $29,999 | 5 | 2.9% |
| $30,000 to $34,999 | 10 | 5.9% |
| $35,000 to $39,999 | 15 | 8.8% |
| $40,000 to $44,999 | 5 | 2.9% |
| $45,000 to $49,999 | 5 | 2.9% |
| $50,000 to $59,999 | 10 | 5.9% |
| $60,000 to $69,999 | 15 | 8.8% |
| $70,000 to $79,999 | 10 | 5.9% |
| $80,000 to $89,999 | 10 | 5.9% |
| $90,000 to $99,999 | 15 | 8.8% |
| $100,000 to $124,999 | 30 | 17.6% |
| $125,000 to $149,999 | 10 | 5.9% |
| $150,000 to $199,999 | 15 | 8.8% |
| $200,000 and over | 5 | 2.9% |
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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
$8,753
Principal and interest
Calculated estimate
$8,095
Property tax
Calculated estimate
$508/mo
Home insurance
Assumption
$150/mo
Purchase snapshot
List price
Listing data
$1,750,000
Down payment
Calculated estimate
$350,000 (20%)
Estimated mortgage
Calculated estimate
$1,400,000
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
$8,753
/mo
Rate
%
Amortization
Principal and interest
$8,095
Property tax (est.)
$508
P&I
Tax
Down payment
$350,000 (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 $350,000 down (20%) on $1,750,000, 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 4.5834 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.
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.
