Vernon · V1T1L9
$11,216/mo
Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
Schedule private showing
Book now
Investors. How interested would you be in an investment 2 bedroom townhome for only $164,300? How about 14 of them, all at $164,300? 14 separately titled strata townhome properties in 2 separate twin buildings of 7 units each offered as one package. Each unit is currently rented with monthly rents between $800.00 and $1600.00. Each building consists of 4 near identical 2 bedroom and 1 bath 712 sq ft ground floor units and 3 upper level 2 bedroom 1 bath units averaging approximately 820 sq ft for approx. 5300 sq ft of living area per building. Good location, on the bus route and convenient to all that Vernon has to offer. Property is flat, fully usable and has a creek at the rear. Note not a foreclosure but a court ordered sale and priced to go. This property needs work but huge upside potential for someone to inject some capital and invest some time and sweat equity. Great for a solo investor, a group of friends or like minded partners, or a charity or non profit organization looking for multiple properties in 1 location. The present Vernon vacancy and rental market is quite healthy and still is a bit of a ""landlord's market"". Please note at this time the offering is only for all 14 units as 1 package. Call or visit our web page for more info, a full package or to book a viewing.
1997
Year built
Multi-family
Type
City of Vernon
Area
Listed
May 5, 2026
Nearby & Commute
12 min
walk to FreshCo
3h 24m
bike to Orchard Park Exchange
11h 19m
walk to Orchard Park Exchange
11h 49m
drive to downtown Vancouver
Estimated travel times. Map data © OpenStreetMap contributors.
Most listed
Detached · 34%
| Detached | 99 | 33.8% |
| Townhouse | 64 | 21.8% |
| Condo / Apartment | 44 | 15.0% |
| Duplex | 29 | 9.9% |
| Land | 23 | 7.8% |
| Other | 34 | 11.6% |
| Under $5,000 | 5 | 1.3% |
| $10,000 to $14,999 | 5 | 1.3% |
| $15,000 to $19,999 | 25 | 6.5% |
| $20,000 to $24,999 | 40 | 10.4% |
| $25,000 to $29,999 | 15 | 3.9% |
| $30,000 to $34,999 | 20 | 5.2% |
| $35,000 to $39,999 | 25 | 6.5% |
| $40,000 to $44,999 | 15 | 3.9% |
| $45,000 to $49,999 | 25 | 6.5% |
| $50,000 to $59,999 | 40 | 10.4% |
| $60,000 to $69,999 | 50 | 13.0% |
| $70,000 to $79,999 | 25 | 6.5% |
| $80,000 to $89,999 | 25 | 6.5% |
| $90,000 to $99,999 | 15 | 3.9% |
| $100,000 to $124,999 | 30 | 7.8% |
| $125,000 to $149,999 | 10 | 2.6% |
| $150,000 to $199,999 | 10 | 2.6% |
| $200,000 and over | 5 | 1.3% |
A clearer view of the monthly and upfront costs connected to this home.
Monthly ownership costs
Estimated monthly total
Calculated estimate
$11,216
Principal and interest
Calculated estimate
$10,407
Property tax
Calculated estimate
$658/mo
Home insurance
Assumption
$150/mo
Purchase snapshot
List price
Listing data
$2,250,000
Down payment
Calculated estimate
$450,000 (20%)
Estimated mortgage
Calculated estimate
$1,800,000
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
$11,216
/mo
Rate
%
Amortization
Principal and interest
$10,407
Property tax (est.)
$658
P&I
Tax
Down payment
$450,000 (20%)
Get Pre-Approved
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 $450,000 down (20%) on $2,250,000, 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.
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.
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.
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.
