Vernon · V1T4M2
$5,798/mo
Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
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INVESTMENT OPPORTUNITY | 4 RENTAL UNITS | APPROX. 7.65% PROJECTED CAP RATE. A compelling income-producing opportunity in central Vernon offering four self-contained 2-bedroom rental units and multiple income streams. Three units are currently tenanted, with the fourth currently available for rent. Offering 8 bedrooms, 4 bathrooms and approximately 3,625 sq. ft. of finished living space, with private entrances, in-suite laundry and ample off-street parking. Seller reports $100,000+ invested in renovations and improvements during 2024–2025. Conveniently located near shopping, schools, parks, recreation and transit. An attractive opportunity for investors seeking an improved multi-unit rental property with strong income potential. Rent roll, financial information, floor plans and virtual tours available upon request.
8
Beds
3,625 ft²
Floor area
1971
Year built
Single Family
Type
East Hill
Area
Listed
August 21, 2026
Nearby & Commute
16 min
walk to Butcher Boys
3h 34m
bike to Orchard Park Exchange
11h 52m
walk to Orchard Park Exchange
11h 56m
drive to downtown Vancouver
Estimated travel times. Map data © OpenStreetMap contributors.
Most listed
Detached · 39%
| Detached | 90 | 39.3% |
| Townhouse | 53 | 23.1% |
| Condo / Apartment | 37 | 16.2% |
| Other | 24 | 10.5% |
| Land | 12 | 5.2% |
| Other | 13 | 5.7% |
| $15,000 to $19,999 | 10 | 2.9% |
| $20,000 to $24,999 | 15 | 4.3% |
| $25,000 to $29,999 | 20 | 5.7% |
| $30,000 to $34,999 | 20 | 5.7% |
| $35,000 to $39,999 | 15 | 4.3% |
| $40,000 to $44,999 | 25 | 7.1% |
| $45,000 to $49,999 | 20 | 5.7% |
| $50,000 to $59,999 | 25 | 7.1% |
| $60,000 to $69,999 | 30 | 8.6% |
| $70,000 to $79,999 | 25 | 7.1% |
| $80,000 to $89,999 | 40 | 11.4% |
| $90,000 to $99,999 | 20 | 5.7% |
| $100,000 to $124,999 | 30 | 8.6% |
| $125,000 to $149,999 | 20 | 5.7% |
| $150,000 to $199,999 | 25 | 7.1% |
| $200,000 and over | 10 | 2.9% |
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Relta requests these from the listing agent and strata and follows up with what is available. Availability is not guaranteed. Review any documents with the appropriate professionals.
A clearer view of the monthly and upfront costs connected to this home.
Monthly ownership costs
Estimated monthly total
Calculated estimate
$5,798
Principal and interest
Calculated estimate
$5,315
Property tax
Calculated estimate
$333/mo
Home insurance
Assumption
$150/mo
Purchase snapshot
List price
Listing data
$1,149,000
Down payment
Calculated estimate
$229,800 (20%)
Estimated mortgage
Calculated estimate
$919,200
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
$5,798
/mo
Rate
%
Amortization
Principal and interest
$5,315
Property tax (est.)
$333
P&I
Tax
Down payment
$229,800 (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 $229,800 down (20%) on $1,149,000, 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.
