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Investment signal

$399,000

9981 Cathedral Drive

Save this home

Beds

Baths

Sqft

Year

Type

Vacant Land

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

Discover the ultimate mountain lifestyle with this exceptional ski-in/ski-out lot located at Silverstar Ski Resort! Boasting breathtaking views of Silverstar Mountain and the stunning Monashee Mountains, this prime piece of real estate is ready for your dream home. Architectural plans for a large duplex designed by 925R Designs Inc. are already in place, making this an incredible opportunity to create your perfect retreat. This lot is foreign buyer exempt and GST has been paid. Silverstar Resort offers an array of year-round activities, from exhilarating alpine and nordic skiing in the winter to extensive mountain biking and hiking during the summer months, all set in the picturesque family-friendly environment. Don't miss your chance to secure one of the last remaining lots in the sought-after Ridge development. Come and experience the charm of SIlverstar--your mountain paradise awaits! (id:65958)

Subtype
Vacant Land
Structure
Other
Community
Silver Star
Common interest
Freehold
Lot size
0.33 acres
Lot dimensions
0.33
On market
Dec 20, 2025
Status changed
Apr 25, 2026
Annual tax
$1,454.52
Photos
23
MLS#
10371406
Area
VERNON

Features and systems

Utilities

WaterNatural GasElectricityCableTelephone
Negative cash flow ~$99/mo at these assumptions

Cash on cash

-1.49%

Cap rate

4.57%

GRM

13.9

Break-even rent

$2,504

Financing

Down payment$79,800
Loan amount$319,200
Mortgage$1,617/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$183
Insurance$80
Maintenance$333
CapEx reserve$166
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 $1,617/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 25, 2026.

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