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Investment signal

$1,595,000

9353 Eastside Road

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Type

Vacant Land

Suite

Investment signal

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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

Prestigious 1.13-Acre Waterfront Lot – Vernon, BC. A rare and remarkable opportunity to build a custom lakefront estate on 1.13 acres and offering approximately 330 feet of pristine Okanagan Lake shoreline. This expansive property captures sweeping panoramic views of the lake and surrounding mountains, offering an exceptional backdrop for an elegant and thoughtfully designed home. Zoned for a single-family residence or a semi-attached duplex, the lot provides impressive flexibility for your future vision. Services are available at the lot line, and concept plans can be provided to help streamline the planning and building process. The generous size of the property provides ample room fora private outdoor living area, complemented by direct lake access. The dock is shared with the neighbouring property to the north. Additionally, the lot offers potential for future subdivision, presenting added long-term value and flexibility. GST MAY BE APPLICABLE. Sewer connection at lot line. (id:65958)

Subtype: Vacant Land
Structure: Other
Community: Okanagan Landing
Common interest: Freehold
Lot size: 1.13 acres
Lot dimensions: 1.13
On market: Apr 23, 2026
Status changed: Apr 23, 2026
Annual tax: $3,665
Photos: 31
MLS#: 10384554
Area: VERNON

Features and systems

View

Lake viewMountain view

Waterfront

Waterfront nearby

Utilities

WaterNatural GasElectricityCableTelephone

Negative cash flow ~$1,694/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

-6.37%

Cap rate

3.59%

GRM

16.7

Break-even rent

$9,758

Financing

Down payment$319,000

Loan amount$1,276,000

Mortgage$6,465/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$731

Insurance$80

Maintenance$1,329

CapEx reserve$665

Vacancy loss$399

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 $6,465/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.