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5895 Okanagan Avenue
Vernon · Vacant Land
Listed by Royal LePage Kelowna · MLS® 10397675
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Sign inAbout this home
17 acres on Okanagan Ave near Fulton Secondary School and a few minutes to Okanagan Lake. Only 2 acres can be developed. According to a recent ""Wetlands and Aquatic Habitat Assessment"" report most of the property is designated wetland, except for a 2 acre portion fronting Okanagan Ave. which, under the OCP will support a rezone to MUS (Multi-unit small) or MUM (Multi-unit Medium), 3-4 storeys in height. Vernon Creek borders the rear of the property. The property is rectangular with 350ft frontage and 1,400 ft avg. depth (measurements approximate). The whole site is vacant and in its natural state. Currently zoned AGRS - Agriculture & Rural: Small Block (Non-ALR). OCP designation is ""Suburban Neighborhood"". Possibly a great TH site. Services from neighboring subdivision (Canary Drive) to be confirmed. Permitted encumbrance is Under Surface Rights (Crown, 1979), otherwise clean title. New zoning may also allow supportive housing. Recent environmental engineer report available.
Home facts
- Property type
- Vacant Land
- Area
- South Vernon
- Listed
- August 13, 2026
- Structure
- Other
- PID
- 008-653-429
- Common interest
- Freehold
Highlights
- Mountain view
Features and inclusions
- Lot
- Level lot
Rooms and building
- Water
- Municipal water
- Utilities
- Water, Sewer, Natural Gas, Electricity, Cable
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
- $8,769
- Property tax
- $542/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $9,460
Purchase snapshot
- List price
- $1,850,000
- Down payment
- $370,000 (20%)
- Estimated mortgage
- $1,480,000
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
- $11,095
- 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
Townhouse · 26%
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.
