Vernon · v1b3a7
$2,112/mo
Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
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Prime redevelopment opportunity in the heart of Vernon! This 50’ x 125’ (6,250 sq ft) lot is zoned MUS (Multi-Unit Small Scale), allowing for a variety of small-scale multi-unit housing options up to 3 storeys. The property is currently in process with the City of Vernon, with 4-plex plans available and soft approval underway, offering a valuable head start for builders and investors. Situated in a highly walkable neighbourhood, this property is just steps to Safeway, Alexis Park Elementary, Kal Tire Place, and the new recreation centre currently under construction. With flexible zoning and strong infill potential, this is an excellent opportunity to hold or move forward with development in a growing central location.
2
Beds
1937
Year built
Single Family
Type
Alexis Park
Area
Listed
May 13, 2026
Nearby & Commute
4 min
walk to Safeway
3h 32m
bike to Orchard Park Exchange
11h 46m
walk to Orchard Park Exchange
11h 52m
drive to downtown Vancouver
Estimated travel times. Map data © OpenStreetMap contributors.
Most listed
Detached · 33%
| Detached | 87 | 33.0% |
| Townhouse | 62 | 23.5% |
| Condo / Apartment | 38 | 14.4% |
| Other | 25 | 9.5% |
| Land | 24 | 9.1% |
| Other | 28 | 10.6% |
| Under $5,000 | 5 | 2.1% |
| $15,000 to $19,999 | 10 | 4.2% |
| $20,000 to $24,999 | 25 | 10.4% |
| $25,000 to $29,999 | 15 | 6.3% |
| $30,000 to $34,999 | 10 | 4.2% |
| $35,000 to $39,999 | 25 | 10.4% |
| $40,000 to $44,999 | 20 | 8.3% |
| $45,000 to $49,999 | 15 | 6.3% |
| $50,000 to $59,999 | 20 | 8.3% |
| $60,000 to $69,999 | 20 | 8.3% |
| $70,000 to $79,999 | 15 | 6.3% |
| $80,000 to $89,999 | 20 | 8.3% |
| $90,000 to $99,999 | 10 | 4.2% |
| $100,000 to $124,999 | 25 | 10.4% |
| $150,000 to $199,999 | 5 | 2.1% |
Pick the records that matter for this property. Relta inquires with the listing agent and strata on your behalf, then tells you what came back. Some documents cannot always be obtained.
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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
$2,112
Principal and interest
Calculated estimate
$1,846
Property tax
Calculated estimate
$117/mo
Home insurance
Assumption
$150/mo
Purchase snapshot
List price
Listing data
$399,000
Down payment
Calculated estimate
$79,800 (20%)
Estimated mortgage
Calculated estimate
$319,200
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
$2,112
/mo
Rate
%
Amortization
Principal and interest
$1,846
Property tax (est.)
$117
P&I
Tax
Down payment
$79,800 (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 $79,800 down (20%) on $399,000, 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.
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.
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.
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.
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.
