- Active
562 Meadowlark Avenue
Vernon · Single Family
- Beds
- 2
- Baths
- 2
- Sqft
- 1,900
- Built
- 2005
Listed by RE/MAX Vernon · MLS® 10392235
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Sign inAbout this home
Welcome to 562 Meadowlark Avenue, a beautifully updated rancher in the lakeside community of Parker Cove, just a short walk from Okanagan Lake and the community beach. This move-in-ready home offers modern updates, comfortable living spaces, and a low-maintenance lifestyle. Step inside to a bright open-concept floor plan where the spacious living area flows seamlessly into the stunning kitchen. Designed for both everyday living and entertaining, the kitchen features a large island, quartz countertops, black stainless steel appliances, abundant cabinetry, and a convenient coffee station. The adjoining dining area easily accommodates a large table, making it perfect for family gatherings and entertaining guests. The primary bedroom is a private retreat with a walk-in closet, full ensuite, and sliding doors leading directly to the covered back patio. The second bedroom offers built-in cabinetry and plenty of room for guests or family. A separate family room has been transformed into a stylish bar and entertainment area, creating the perfect space for hosting friends. Recent upgrades include a new furnace in 2021 and two heat pumps, providing year-round comfort and efficiency. Crown moulding throughout the home adds an elegant finishing touch. Outside, you'll appreciate the fully fenced yard with durable vinyl fencing, artificial turf, and a covered patio ideal for relaxing or outdoor dining. RV owners will love the 30-amp service and sani-dump connection, while the dedicated generator plug provides added peace of mind. The property is situated on leased land with a registered lease until 2043. The current annual lease payment is $4,394.34. Whether you're looking for a year-round residence, retirement home, or vacation getaway, this beautifully maintained property offers exceptional value and an outstanding Okanagan lifestyle. Book your private viewing today!
Home facts
- Bedrooms
- 2
- Bathrooms
- 2 full
- Interior
- 1,900 sq ft
- Year built
- 2005
- Storey
- 1
- Parking
- 4
- Property type
- Single Family
- Basement
- Crawl space
- Fireplace
- 1
- Area
- Okanagan North
- Style
- Ranch
- Listed
- June 22, 2026
- Structure
- House
- Frontage
- 75 feet
- PID
- 000-000-000
- Common interest
- Leasehold
Highlights
- Patio
- Private yard
Features and inclusions
- Appliances
- Washer, Refrigerator, Range - Electric, Dishwasher, Dryer, Microwave
- Heating
- Forced air, Electric
- Cooling
- Heat Pump
- Flooring
- Laminate, Ceramic Tile
- Roof
- Asphalt shingle, Unknown
- Lot
- Central island
Rooms and building
- Sewer
- Septic tank
- Water
- Private Utility
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
- $1,870
- Property tax
- $117/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $2,137
Purchase snapshot
- List price
- $394,500
- Down payment
- $78,900 (20%)
- Estimated mortgage
- $315,600
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
- $2,366
- 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
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
Land · 46%
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.
