- Active
- Open house Sun, Oct 18
7261 Silver Ridge Drive
Vernon · Single Family
- Beds
- 4
- Baths
- 3
- Sqft
- 2,744
- Built
- 2011
Listed by 3 Percent Realty Inc. · MLS® 10397148
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About this home
Welcome to Silver Ridge. The place where Community, Adventure & Vista Views converge! This 2750 sq/ft home imbues craftsmanship like T&G wood soffitting, a covered entry, stamped & coloured concrete for the driveway, 25'x10' lower patio and 26' x 12' covered deck for starters. Upon entering this 4 bed, 3 bath home your senses are greeted by outside views in an open concept layout. THEN... double take as you view the custom designed master class kitchen you'd expect in a home twice this price; the real heart of this home. Black & white quartz adorn the surfaces with a 4 person 48""x 110"" island, 2 tone smooth face cabinets, a barista nook, cook induction, overhead range, wall oven, steamer, dishwasher and an large refrigerator say it all!! Once you're done visualizing your time here, you make your way to the large primary bedroom with a spacious 5 piece ensuite, walk-in shower and walk in closet. Then downstairs provides 2 bedrooms, family room, full 4 pce bathroom and 2 extra rooms for office space, games room, work out room or whatever you have in mind. The lower patio and backyard have a new black chain link fencing to keep the pets and kids from wandering. Enjoy the hot tub after your adventures. Trailer parking alongside the driveway. New Heat Pump installed in 2023. Silver Star Mountain Resort for skiing and mountain biking is 15 minutes away. Heading to Vernon your schools, shopping and amenities are only 10 minutes away. Welcome to life on Silver Ridge Drive!
Home facts
- Bedrooms
- 4
- Bathrooms
- 3 full
- Interior
- 2,744 sq ft
- Year built
- 2011
- Storey
- 1
- Parking
- 5
- Property type
- Single Family
- Basement
- Full
- Garage
- Yes
- Fireplaces
- 2
- Area
- Foothills
- Style
- Ranch
- Listed
- August 10, 2026
- Structure
- House
- Frontage
- 60 feet
- PID
- 027-459-934
- Common interest
- Freehold
Highlights
- Mountain view
- Patio
- Private yard
- Hot tub
Features and inclusions
- Heating
- Forced air, Electric
- Cooling
- Central air conditioning, Heat Pump
- Flooring
- Hardwood, Carpeted
- Roof
- Asphalt shingle, Unknown
- Parking
- Attached Garage, RV, Additional Parking
- Lot
- Central island, One Balcony
- Community
- Family Oriented, Rentals Allowed
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
- $4,498
- Property tax
- $275/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $4,923
Purchase snapshot
- List price
- $949,000
- Down payment
- $189,800 (20%)
- Estimated mortgage
- $759,200
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
- $5,692
- 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
- $2,052 a month
- Gross yield
- 2.6%
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
Detached · 68%
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.