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Opportunity knocks for investors and first-time buyers alike. This suited half duplex offers affordability, functionality, and mortgage-helping rental income. Featuring a shared entry with separate living spaces on both levels, the property includes a 2-bedroom main floor suite and a 2-bedroom basement suite, making it ideal for investors seeking cash flow or buyers looking to offset ownership costs with rental revenue. The main floor is currently tenant occupied on a month-to-month tenancy, generating $1,600 per month including utilities. The self-contained basement suite was previously rented for $1,400 per month including utilities, offering excellent income potential. Each level has its own full bathroom and separate laundry, including a new washer and dryer on the main floor and stacking washer and dryer in the basement. Recent improvements include a new roof, upgraded electrical panel to 200 amp, and interior updates throughout. Outside, the fully fenced yard is great for children and pets, while two storage sheds provide dedicated storage for each living space. Off-street parking accommodates up to four vehicles, with additional street parking available. Conveniently located near shopping, amenities, public transit, and walking trails. Whether you're looking to enter the market, build equity with rental income, or expand your investment portfolio, this versatile property presents an affordable opportunity with immediate income potential.
Updates mentioned by the listing
- RoofUpdated (year not given)“Recent improvements include a new roof, upgraded electrical panel to 200 amp, and interior updates throughout.”
- ElectricalUpdated (year not given)“Recent improvements include a new roof, upgraded electrical panel to 200 amp, and interior updates throughout.”
From the listing description. Ask Sean to confirm ages and receipts before you write an offer.
Highlights
- Two separate suites, each with its own full bathroom and laundry, sharing one entry, per the listing.
- The main floor is tenant occupied month-to-month at $1,600 per month including utilities, per the listing.
- A new roof and a 200 amp electrical panel upgrade are noted, per the listing.
- Fully fenced yard, two storage sheds, and off-street parking for up to four vehicles, per the listing.
- Vernon Jubilee Hospital is 1.4 km away, the town centre 1.9 km, and Mission Hill Elementary 890 m, straight-line.
Things to check
- Ask for the ages of the furnace and other major systems, since the home was built in 1972 and the listing doesn't give them.
- Ask the City of Vernon whether both suites are permitted under the zoning, and ask for current leases.
- Ask for the rent history of the basement suite, which the listing says was previously rented for $1,400 per month.
- The City has a development application on file within about 400 m. See City of Vernon map facts for details.
Sean Phillips’s notes from the listing and public information. Not part of the MLS® listing. Please confirm anything important.
Worth knowing: From November 2026, Vernon sits one hour behind Calgary all year, so a 7 p.m. puck drop in Calgary is 6 p.m. here. Moving from Calgary to Vernon →
Overall neighbourhood score 8.2 / 10; walk & bike score 6.4 / 10, from how close the nearest school, park or trail, rec centre and town centre are. Scores and distances are Sean Phillips’s own straight-line measures from this home to public B.C. map data. They are not part of the MLS® listing; driving distances are longer, so please check anything that matters to you.
- Grocery storeBuy Low Foods · 1.4 km17 min each way15 m uphill coming home · 14% tree shade
- CoffeeTim Hortons · 1.2 km15 min each way15 m uphill coming home · 16% tree shade
- Elementary schoolMission Hill Elementary School · 1.0 kmSchool walk check: Footpaths, sidewalks or quiet streets nearly all the way · no main-road crossings15 min there, 13 min home50 m uphill on the way there · 9% tree shade
- Park or playgroundPlayground · 0.6 km8 min each wayMostly flat · 23% tree shade
- Beach / lake accessLakeshore Beach · 4.6 km55 min there, 56 min home50 m uphill coming home · 7% tree shade
- DowntownDowntown Vernon · 2.3 km29 min there, 27 min home35 m uphill on the way there · 2% tree shade
- Rail trailOkanagan Rail Trail · 5.3 km1 hr 7 min there, 1 hr 5 min home95 m uphill on the way there · 14% tree shade
- HospitalVernon Jubilee Hospital · 1.8 km24 min there, 21 min home45 m uphill on the way there · 18% tree shade
- GolfVernon Golf Club · 3.0 km39 min there, 38 min home60 m uphill on the way there · 38% tree shade
- Grocery storeBuy Low Foods · 1.4 km7 min each way10 m uphill coming home · 4% tree shade
- CoffeeTim Hortons · 1.3 km6 min each way10 m uphill coming home · 5% tree shade
- Elementary schoolMission Hill Elementary School · 1.3 km11 min there, 7 min home55 m uphill on the way there · 5% tree shade
- Park or playgroundPlayground · 0.6 km4 min each wayMostly flat · 23% tree shade
- Beach / lake accessLakeshore Beach · 4.6 km18 min there, 20 min home45 m uphill coming home · 4% tree shade
- DowntownDowntown Vernon · 2.4 km12 min there, 9 min home30 m uphill on the way there · 7% tree shade
- Rail trailOkanagan Rail Trail · 5.3 km26 min there, 22 min home90 m uphill on the way there · 17% tree shade
- HospitalVernon Jubilee Hospital · 1.8 km12 min there, 7 min home45 m uphill on the way there · 19% tree shade
- GolfVernon Golf Club · 3.3 km16 min there, 13 min home45 m uphill on the way there · 10% tree shade
- Grocery storeBuy Low Foods · 1.4 km5 min each way10 m uphill coming home · 4% tree shade
- CoffeeTim Hortons · 1.3 km5 min each way10 m uphill coming home · 5% tree shade
- Elementary schoolMission Hill Elementary School · 1.3 km7 min there, 5 min home55 m uphill on the way there · 5% tree shade
- Park or playgroundPlayground · 0.6 km3 min each wayMostly flat · 23% tree shade
- Beach / lake accessLakeshore Beach · 4.6 km13 min there, 14 min home50 m uphill coming home · 4% tree shade
- DowntownDowntown Vernon · 2.4 km8 min there, 7 min home30 m uphill on the way there · 7% tree shade
- Rail trailOkanagan Rail Trail · 5.3 km16 min there, 15 min home90 m uphill on the way there · 16% tree shade
- HospitalVernon Jubilee Hospital · 1.8 km7 min there, 6 min home45 m uphill on the way there · 18% tree shade
- GolfVernon Golf Club · 3.3 km10 min each way45 m uphill on the way there · 10% tree shade
Sean Phillips’s own estimate, not part of the MLS® listing. Real routes on public map paths and roads, with the hills counted both ways, to the quickest-to-reach place of each kind. Times are averages for a relaxed pace; please check anything that matters to you. Map data © OpenStreetMap contributors. How HillSmart ratings work →
Main level
- 4pc Bathroom7'2" x 6'9"
- Bedroom10' x 10'6"
- Primary Bedroom10' x 10'6"
- Dining room7'7" x 9'6"
- Kitchen7'8" x 9'8"
- Living room17'2" x 11'9"
Basement
- Utility room3'8" x 8'1"
- 4pc Bathroom8'3" x 11'4"
- Bedroom12' x 9'1"
- Bedroom11'11" x 9'
- Kitchen11'7" x 11'4"
- Living room13'11" x 10'6"
- Price
- $499,900
- MLS® number
- 10392140
- Property type
- Townhome · duplex
- Ownership
- Freehold
- Bedrooms
- 4
- Bathrooms
- 2
- Living area
- 1,485 sq ft
- Lot size
- 0.11 acres
- Frontage
- 36 feet
- Year built
- 1972
- Storeys
- 2
- Parking spaces
- 4
- Annual taxes
- $3,085
- Community
- South Vernon, Vernon
- Style
- Multi-level
- Basement
- Full
- Heating
- Forced air
- Parking
- Street
- Flooring
- Laminate, Vinyl
- Roof
- Asphalt shingle
- Exterior
- Stucco, Aluminum
- Appliances
- Washer, Refrigerator, Range - Electric, Dryer, Washer/Dryer Stack-Up
- Water
- Municipal water
- Sewer
- Municipal sewage system
- Fencing
- Fence
- Parking details
- 4 spaces in total · Street · street parking (description)
From the City of Vernon’s public maps, checked October 26, 2026. Not part of the MLS® listing. Please confirm anything important with the City.
- 2311 43A ST: This application has been submitted for the development of two light industrial-use buildings on the subject site. Building A will comprise nine units, while Building B will consist of four units, for a total of 15 units. Application
A nearby fire hall matters for home insurance and emergencies; firefighters are often first on scene for medical calls too.
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