1 / 42

Investment signal

$874,000

4002 15 Street

Save this home

Beds

Baths

4 full + 1 half

Sqft

—

Year

1981

Type

Single Family

Suite

Suite potential

Text Hasan Open map Ask a question

Location 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.

About this home

Beautifully updated 5 bedroom 4 bathroom west coast styled home with a legal daylight 2 bedroom suite in a prime East Hill location close to parks and schools. Nice lot backing onto some green space and providing plenty of parking with easy access to the lower yard and suite entrance. Property has undergone approximately $250,000 in many substantial upgrades including main kitchen, flooring throughout, ensuite, appliances, windows, doors, extended entrance, furnace, AC, hot water tank, paint and much more! The lower suite (which has separate entrance, laundry, and interconnected smoke/co2 detectors) was remodelled from the studs including electrical upgrade to 200amp to provide excellent flexibility for family or rental income! Main floor offers vaulted ceiling and a semi open layout with a large kitchen leading to the half covered deck to enjoy the Okanagan weather. This home is a must see! (id:65958)

Subtype: Single Family
Architectural style: Other, Multi-level
Structure: House
Community: East Hill
Common interest: Freehold
Living area: 2,897 square feet
Lot size: 0.16 acres
Lot dimensions: 0.16
Stories: 3
Fireplace: 3
On market: Mar 6, 2026
Status changed: Apr 23, 2026
Annual tax: $5,045.02
Photos: 42
MLS#: 10378351
Area: VERNON

Features and systems

Parking

Attached GarageAdditional Parking

Basement

Full

Appliances

WasherRefrigeratorRange - GasDishwasherDryer

Heating

Forced airSee remarks

Cooling

Central air conditioning

Exterior

Wood siding

Flooring

LaminateCarpetedVinyl

Roof

Asphalt shingleUnknown

Lot

Irregular lot sizeOne Balcony

Negative cash flow ~$960/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-6.59%

Cap rate

3.55%

GRM

16.6

Break-even rent

$5,385

Financing

Down payment$174,800

Loan amount$699,200

Mortgage$3,543/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$401

Insurance$80

Maintenance$728

CapEx reserve$364

Vacancy loss$219

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 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.

Mortgage estimate

Estimated $3,543/mo at 4.5% with 20% down, 30-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 23, 2026.