
$495,000
3408 16th Avenue, Vernon
2 bedrooms, 1 bathroom, 792 sq. ft. · MLS® 10400148
Tyler's listingSotheby's International Realty Canada
$548,000
Don’t miss this opportunity to build in some sweat equity!
Transfer tax, down payment and the monthly payment at your lender's rate, from $548,000.
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 calculatorPerfect to investors and first-time homebuyers. This 2,051 square foot home features three bedrooms, two full bathrooms, and being set on a fantastic 0.14 acre lot this property has lots to offer. On the main level are two bedrooms, one well-updated bathroom (with heated floors), kitchen, and living room.
Upstairs is a great loft area, perfect for an additional bedroom, home office, or flex room. Downstairs is generous space for storage & workshop, bedroom, full bathroom, and laundry area. Great potential to add valuable finished square footage in the basement!
Outside is a lovely covered porch & yard for entertaining, gardening space to spare, and three sheds for further storage & hobbies. New furnace and hot water tank (2022). Location and zoning offer strong future development potential.
Approximate, as the crow flies, from the listing's map point. The drive is longer.
Straight-line distances from the map point, rounded to the kilometre. The drive is longer, often around a lake.
Transfer tax, down payment and the monthly payment at your lender's rate, from $548,000.
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 calculator