- Active
4018 Pleasant Valley Road
Vernon · Single Family
- Beds
- 8
- Baths
- 4
Vernon · Single Family
Listed by Oakwyn Realty Okanagan-Letnick Estates · MLS® 10398298
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Sign inMULTI-UNIT INVESTMENT | FULLY TENANTED | CENTRAL VERNON. 7.55% Cap Rate. Four rental income streams with seller-reported rents totalling $8,450/month ($101,400 annualized gross income). This legal duplex with two additional non-conforming suites offers four self-contained 2-bedroom, 1-bathroom units, private entrances, in-suite laundry and approximately 3,625 sq. ft. of finished space. Parking for six vehicles, including two covered spaces. Seller reports approximately $100,000 in improvements during 2024–2025, including kitchen, plumbing, electrical, ventilation and laundry upgrades. Convenient access to shopping, top-rated schools, parks and transit adds tenant appeal. Rent roll, expense summary, floor plans and virtual tours available upon request. Buyers to independently verify financial information, improvements, measurements, permits and suite status. Some photos digitally decluttered.
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.
Uses the posted 5-year rate (5.19%), 20% down and a 25-year amortization.
Estimates only. They leave out utilities, upkeep and closing costs.
Estimated travel times. Map data © OpenStreetMap contributors.
Most listed
Detached · 38%
Active listings within 3 km of this home.
Source: Statistics Canada, 2021 Census of Population. 335 dwellings.
Statistics Canada area 59370183 · Vernon
Source: Statistics Canada, 2021 Census Profile, dissemination area 59370183.
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For investors
Estimated rent from Statistics Canada rents for this area, scaled to the bedrooms. Gross yield is 12 months of that rent over the asking price, before costs.
Property tax
Municipal, regional, hospital and school rates combined.
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
Climate
Ten year average, 2016–2025.
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
Borrowing costs
The rates behind any payment estimate on this page.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
Source: Bank of Canada. As of 2026-10-29
Land and hazards
Provincial designations and mapped natural hazards at this location.
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)