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Investment signal

$199,000

9394 Westside Road

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Type

Vacant Land

Suite

Suite potential

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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

Build your dream home in a peaceful, natural setting just 40 minutes from downtown Kelowna. This serene 0.54-acre lot offers the perfect balance of privacy and accessibility, with a paved road leading right to the property and a scenic drive that showcases the beauty of the area. Zoned RU5, one of the few in the neighbourhood, this property presents a rare opportunity. With the proper permits, you have the potential to build two homes, making it ideal for multi-generational living or adding a secondary dwelling for rental income. Enjoy easy access to nearby trails and beach access, with Killiney Beach just minutes away. Selective tree clearing could open up stunning lake views, further enhancing the property’s appeal. Located less than 30 minutes from Vernon, this is an excellent opportunity for those seeking a tranquil lifestyle with endless recreational options, whether you’re looking to build now or hold as a future investment. (id:65958)

Subtype: Vacant Land
Structure: Other
Community: Westside Road
Common interest: Freehold
Lot size: 0.54 acres
Lot dimensions: 0.54
On market: Apr 23, 2026
Status changed: Apr 23, 2026
Annual tax: $565
Photos: 8
MLS#: 10384461
Area: VERNON

Features and systems

Lot

TreedSloping

Community

Rural Setting

View

Lake viewMountain view

Utilities

WaterNatural GasElectricityCableTelephone

Positive cash flow ~$1,053/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

31.76%

Cap rate

11.22%

GRM

6.9

Break-even rent

$1,291

Financing

Down payment$39,800

Loan amount$159,200

Mortgage$807/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$91

Insurance$80

Maintenance$166

CapEx reserve$83

Vacancy loss$120

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 $807/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.