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Investment signal

$899,000

6531 Longacre Drive

Beds

5

Baths

2

Sqft

Year

1970

Location

See the block, not just the house.

Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.

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About this home

Vacant and easy to view. Stunning Fully Renovated Home With Suite on Spacious 0.34-Acre Lot. Discover this impeccably updated residence in one of Vernon's most sought-after communities - Okanagan Landing. Now vacant & ready for immediate viewings, this home blends thoughtful modern renovations with prime location perks. The owner invested significantly in high-efficiency upgrades and contemporary finishes throughout. The bright main level features 3 generous bedrooms & downstairs access to a seamless laundry/storage area. The 2-bedroom suite offers independent living with its own laundry, storage & full kitchen. Ideal for multi-generational families, extended stays or flexible long-term/short-term rental income. Both kitchens shine with crisp white cabinetry, durable quartz countertops & complete appliance packages including gas ranges. Efficiency was a top priority: the home boasts an on-demand hot water system powering both domestic use & a high-efficiency hydronic furnace for reliable, cost-effective comfort. Step outside to a generous 0.34-acre yard perfect for relaxing or gardening - complete with a fire pit, mature fruit trees & a large dedicated garden space. Parking is abundant with a double attached garage plus a detached carport & a large driveway. Located just minutes from boat launches, sandy beaches & the vibrant Marshall Field Park (famous for its inclusive playground, sports fields, tennis, pickleball and community events). A private, paved walking/biking trail is also right nearby for year-round outdoor enjoyment. Currently on septic (with sewer connection available). This versatile property is perfectly positioned for today's lifestyles - whether as a primary home or income-generating setup. A complete list of renovations is available upon request. Contact your Agent or the Listing Agent for more information a viewing today! (id:65958)

Subtype
Single Family
Architectural style
Ranch
Structure
House
Community
Okanagan Landing
Common interest
Freehold
Living area
2,622 square feet
Lot size
0.35 acres
Lot dimensions
0.35
Parking
6 total
Stories
2
On market
Mar 20, 2026
Status changed
Apr 17, 2026
Annual tax
$4,845
Photos
41
MLS#
10380227
Area
VERNON

Features and systems

Parking

Attached GarageAdditional Parking

Basement

Full

Appliances

WasherRefrigeratorRange - GasDishwasherDryerMicrowave

Heating

Forced airSee remarksHot Water

Cooling

Heat Pump

Exterior

Stucco

Flooring

CarpetedLinoleumVinyl

Roof

Asphalt shingleUnknown

Lot

Private settingOne Balcony

Community

Family OrientedPets AllowedRentals Allowed

View

Lake viewMountain viewValley viewView (panoramic)

Security

Smoke Detector Only
Negative cash flow ~$1,753/mo at these assumptions

Cash on cash

-11.70%

Cap rate

3.55%

GRM

16.6

Break-even rent

$6,345

Financing

Down payment$179,800
Loan amount$719,200
Mortgage$4,412/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$412
Insurance$80
Maintenance$749
CapEx reserve$375
Vacancy loss$225

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Lifestyle nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Vernon. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $4,412/mo at 5.49% with 20% down, 25-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 17, 2026.

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