$548,000
4204 29th Street, Vernon
3 bedrooms, 2 bathrooms, 1,327 sq. ft. · MLS® 10392258
Tyler's listingSotheby's International Realty Canada
$495,000
3408 16th Avenue, Vernon
Overview
Welcome to 3408 16th Avenue, Vernon – an excellent opportunity for first-time home buyers, downsizers, or savvy investors looking to add to their portfolio.
What it costs to buy
Transfer tax, down payment and the monthly payment at your lender's rate, from $495,000.
- Transfer tax
- $7,900
- Down payment
- $99,000
- Mortgage
- $396,000
- Monthly
- Enter a rate
Property transfer tax at the Province of British Columbia's rates, read 21 September 2026: 1 percent to $200,000, 2 percent to $2,000,000, 3 percent above, and a further 2 percent on residential value above $3,000,000. A first-time buyer may save up to $8,000 of it (less from $835,000, nothing from $860,000); the transfer tax calculator works it out. Under 20 percent down the mortgage includes CMHC's insurance premium, at CMHC's rates read 26 September 2026, and is held to 25 years unless it is a first purchase or a new build; from $1,500,000 no insurance is offered, so 20 percent down is the least. The monthly figure assumes semi-annual compounding and leaves out property tax, strata fees and utilities. Confirm every figure with your lender and lawyer.
Mortgage calculatorTransfer tax calculatorThis two bedroom, one bathroom rancher offers comfortable single-level living in the convenient Mission Hill location. The property enjoys added privacy and a peaceful setting while remaining close to schools, transit, shopping, healthcare services, and all of Vernon’s everyday amenities. The functional floor plan features approximately 792 square feet of living space, with a bright living area, practical kitchen and dining space, and two generously sized bedrooms.
Outside, you'll find a large rear deck perfect for relaxing or entertaining, a low- maintenance yard, and a storage shed for added convenience. A standout feature is the ample parking space, with room for multiple vehicles, an RV, boat, or recreational toys. Currently tenant occupied, this property presents an attractive investment opportunity with rental income already in place.
For first-time buyers, it's an affordable entry into the Vernon market with the flexibility to move in or continue generating income while planning for the future. Whether you're searching for your first home, a rental property, or a holding property, 3408 16th Avenue offers exceptional value in a growing Vernon neighbourhood.
Photos
Where it is
How far it is
- Kelowna International Airport (YLW)
- About 34 km
- UBC Okanagan
- About 36 km
- Downtown Kelowna (City Hall)
- About 43 km
Approximate, as the crow flies, from the listing's map point. The drive is longer.
Life nearby
Straight-line distances from the map point, rounded to the kilometre. The drive is longer, often around a lake.
- Vernon Golf and Country ClubGolf, Vernon. About 1 km, as the crow flies
- The Rise ResortGolf, Vernon. About 5 km, as the crow flies
- Predator RidgeGolf, Vernon. About 11 km, as the crow flies
- Kaloya Regional ParkPark. About 16 km, as the crow flies
- Pioneer ParkBeach. About 17 km, as the crow flies
- Rail trail at Pelmewash ParkwayRail trail access. About 18 km, as the crow flies
More I can send you
The plans and the paperwork3408 16th Avenue has no floor plan in its listing. Ask, and I will email you the plan and any documents I can get for it.
The book, by mailAsk for a printed book of 3408 16th Avenue: its photographs and facts on paper. Tell me where to send it and I will be in touch about it.
Watch this listingI will email you if the price of 3408 16th Avenue drops, or if it goes pending or leaves the market.
What it costs to buy
Transfer tax, down payment and the monthly payment at your lender's rate, from $495,000.
- Transfer tax
- $7,900
- Down payment
- $99,000
- Mortgage
- $396,000
- Monthly
- Enter a rate
Property transfer tax at the Province of British Columbia's rates, read 21 September 2026: 1 percent to $200,000, 2 percent to $2,000,000, 3 percent above, and a further 2 percent on residential value above $3,000,000. A first-time buyer may save up to $8,000 of it (less from $835,000, nothing from $860,000); the transfer tax calculator works it out. Under 20 percent down the mortgage includes CMHC's insurance premium, at CMHC's rates read 26 September 2026, and is held to 25 years unless it is a first purchase or a new build; from $1,500,000 no insurance is offered, so 20 percent down is the least. The monthly figure assumes semi-annual compounding and leaves out property tax, strata fees and utilities. Confirm every figure with your lender and lawyer.
Mortgage calculatorTransfer tax calculatorSimilar listings
$439,900
101 Village Centre Court Unit# 232 Lot# 6, Vernon
Condo, 2 bedrooms, 2 bathrooms, 1,018 sq. ft. · MLS® 10384027
Hall Cassie Marshall Group listingSotheby's International Realty Canada
$1,599,000
7769 Okanagan Landing Road Unit# 14, Vernon
3 bedrooms, 4 bathrooms, 2,940 sq. ft. · MLS® 10392369
Hall Cassie Marshall Group listingSotheby's International Realty Canada
