- Active
5503 South Vernon Court
Vernon · Single Family
- Beds
- 2
- Baths
- 1
- Sqft
- 1,073
- Built
- 1983
Listed by RE/MAX Vernon Salt Fowler · MLS® 10403389
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Sign inAbout this home
Discover comfortable South Vernon living in this well-maintained rancher on a quiet cul-de-sac, within walking distance of elementary and secondary schools, shopping, and the mall. Set in a welcoming, family- and pet-friendly neighbourhood, this home offers 1,073 sq. ft. of single-level living with two bedrooms, engineered hardwood flooring, stainless steel appliances, and a practical layout. The versatile laundry room doubles as a home office, providing flexible space for remote work, crafts, or household organization. Two powered workshops offer room for hobbies, woodworking, creative projects, and storage, with soundproofing in one workshop adding versatility. Enjoy useful upgrades including 200-amp electrical service, a 50-amp EV charger, central air conditioning, on-demand hot water, and a water softener. A 3.5-foot-high crawl space provides additional storage for seasonal belongings. Outside, the fully fenced yard offers space for pets, gardening, and relaxation, while the covered patio is perfect for warm Okanagan evenings. RV parking and electrical connections for an RV and hot tub add convenience. Situated on a level, approximately 0.13-acre lot, this inviting property combines neighbourhood charm with everyday functionality. Whether you're buying your first home, downsizing, or looking for space to work and create, this South Vernon home has plenty to offer.
Home facts
- Bedrooms
- 2
- Bathrooms
- 1 full
- Interior
- 1,073 sq ft
- Year built
- 1983
- Storey
- 1
- Parking
- 4
- Property type
- Single Family
- Basement
- Crawl space
- Carport
- Yes
- Fireplace
- 1
- Area
- South Vernon
- Style
- Ranch
- Listed
- October 10, 2026
- Structure
- House
- Frontage
- 59 feet
- PID
- 003-513-319
- Common interest
- Freehold
Highlights
- EV charging
- Air conditioning
- Patio
- Private yard
- Hot tub
- Hardwood floors
Features and inclusions
- Appliances
- Refrigerator, Water softener, Range - Electric, Dishwasher, Hot Water Instant, Washer & Dryer
- Heating
- Forced air, See remarks
- Cooling
- Central air conditioning
- Flooring
- Hardwood
- Roof
- Asphalt shingle, Unknown
- Parking
- Carport
- Lot
- Cul-de-sac, Level lot, Corner Site
Rooms and building
- Sewer
- Municipal sewage system
- Water
- Municipal water
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.
Monthly and upfront costs
Uses the posted 5-year rate (5.19%), 20% down and a 25-year amortization.
Monthly ownership costs
- Principal and interest
- $2,654
- Property tax
- $167/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $2,970
Purchase snapshot
- List price
- $559,900
- Down payment
- $111,980 (20%)
- Estimated mortgage
- $447,920
Estimates only. They leave out utilities, upkeep and closing costs.
Borrowing costs
What money costs right now
The rates behind any payment estimate on this page.
- Prime rate
- 4.45%
- Variable mortgages are quoted against this.
- 5 year bond yield
- 3.68%
- Fixed mortgage pricing follows this.
- Policy rate
- 2.25%
- Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
Source: Bank of Canada. As of 2026-09-29
Property tax
What the tax bill looks like
Municipal, regional, hospital and school rates combined.
- Estimated annual tax
- $3,358
- At 5.9974 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.
Source: Province of British Columbia, Local Government Statistics Schedule 702, 2026. As of 2026-01-01
For investors
As a rental
- Estimated rent
- $1,480 a month
- Gross yield
- 3.2%
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.
Neighbourhood
Estimated travel times. Map data © OpenStreetMap contributors.
Climate
What the weather is like in Vernon
Ten year average, 2016–2025.
- Average temperature
- 9.1°C
- Daily mean across the year.
- Yearly precipitation
- 345 mm
- 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.
Source: Environment and Climate Change Canada, monthly climate summaries
Land and hazards
What the maps say about this land
Provincial designations and mapped natural hazards at this location.
- Wildfire interface
- Extreme risk
- 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.
Source: BC Geographic Warehouse (Agricultural Land Commission, BC Wildfire Service)
Most listed
Townhouse · 25%
Who lives here
Documents
Pick the records you want. Ray Rasouli will email what the listing brokerage shares.
Availability is not guaranteed. Review documents with a professional.