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8354 Okanagan Landing Road
Vernon · Vacant Land
Listed by Chamberlain Property Group · MLS® 10401934
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Sign inAbout this home
Panoramic Views!! Rare opportunity to secure a nearly 1-acre lot overlooking Okanagan Lake. Exceptional development potential with the possibility to build **2 duplexes** on this spacious parcel—maximize both density and investment value in a highly desirable location. Ideally situated close to all amenities including the Yacht Club, boat launch, picnic areas, tennis and basketball courts, golf courses, rail trail, pickleball courts, beaches, and schools. Whether you choose to build a stunning private estate or develop two duplexes for income or resale, this property offers flexibility and incredible upside. Power available at the lot line.
Home facts
- Property type
- Vacant Land
- Area
- Okanagan Landing
- Listed
- September 28, 2026
- Structure
- Other
- Frontage
- 80 feet
- PID
- 025-107-763
- Common interest
- Freehold
Highlights
- Mountain view
Rooms and building
- Sewer
- No sewage system
- Water
- Municipal water
- Utilities
- Water, Natural Gas, Electricity, Cable, Telephone
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
- $3,929
- Property tax
- $242/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $4,321
Purchase snapshot
- List price
- $829,000
- Down payment
- $165,800 (20%)
- Estimated mortgage
- $663,200
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
- $4,972
- 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
- $1,560 a month
- Gross yield
- 2.3%
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 · 38%
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.
