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Investment signal

$949,000

496 Silversage Place Unit# 1

Save this home

Beds

3

Baths

3

Sqft

Year

2021

Type

Single Family

Suite

Investment signal

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

Experience elevated Okanagan living in this custom designed half duplex that captures some of the most breathtaking lake, valley & mountain views. Thoughtfully built alongside the builder w/ enhanced finishes & design details, this home offers a rare combination of luxury, comfort & everyday functionality. Step inside & you are immediately welcomed by a stunning floor to ceiling tiled gas fireplace & the wall of windows that fill the home w/ natural light. The heart of the home is the gorgeous kitchen, featuring custom cabinetry, a quartz waterfall island, gas range & plenty of space. The main floor primary bedroom offers a peaceful retreat w/ its own fireplace, a patio door, walk-in closet & spa-inspired ensuite complete with dual sinks, a tiled shower w/ double shower heads & a bidet toilet. The main level also features laundry & an additional bathroom. Off the living room leads to the covered deck, where morning coffee or BBQs can be enjoyed while taking in the sweeping views, w/ a gas hookup. The walkout lower level offers additional space w/ a family room featuring another floor to ceiling fireplace, 2 more bedrooms & a full bathroom w/ fireplace. Step outside to the lower patio & relax in the hot tub beneath the Okanagan sky. Additional highlights include hot water on demand, an attached double garage & extra parking. Just minutes from The Rise Golf Course, Silver Star Mountain Resort, Okanagan Lake & some of the region’s best wineries. (id:65958)

Subtype
Single Family
Architectural style
Ranch
Structure
Duplex
Community
Bella Vista
Common interest
Freehold
Living area
2,273 square feet
Lot size
0.2 acres
Lot dimensions
0.2
Parking
5 total
Stories
1
Fireplace
4
On market
Mar 10, 2026
Status changed
Apr 24, 2026
Annual tax
$4,333.46
Photos
61
MLS#
10378870
Area
VERNON

Features and systems

Parking

Attached GarageAdditional Parking

Heating

Forced airSee remarks

Cooling

Central air conditioning

Exterior

StoneStucco

Roof

Asphalt shingleUnknown

Lot

Central islandBalcony

Community

Pets Allowed
Negative cash flow ~$1,035/mo at these assumptions

Cash on cash

-6.55%

Cap rate

3.55%

GRM

16.6

Break-even rent

$5,840

Financing

Down payment$189,800
Loan amount$759,200
Mortgage$3,847/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$435
Insurance$80
Maintenance$791
CapEx reserve$395
Vacancy loss$238

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 $3,847/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 24, 2026.

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