83 Peregrine Way Unit# 27
Adventure Bay, Vernon · MLS® 10402560
3 bed · 2 bath · 2,088 sq ft · 2 sq ft lot · 2 parking
Townhouse · Single Family · built 1997 · 2 days on market
Listed by Don Defeo, RE/MAX Vernon
Realtor's description
OPEN HOUSE: Sat Oct 10 12:30-2. The Okanagan lakeview and townhome complex you have been waiting for, Peregrine Point Estates is a one-of-a-kind townhome complex of 34 townhomes in 6 different buildings in a rural / recreational setting with lake access, hiking, recreation, and water all at your doorstep. The location, views and floorplan are perhaps the best in the complex. Top floor / penthouse unit in building 5 which has absolutely stunning lake views looking down the lake towards Kelowna and across to the West Side. The home is over 2100 sq on one level with 3 bedrooms and 2 full baths and an attached single garage. This home is immaculate, well cared for, and well maintained. Much more than a beautiful home and setting, Peregrine Point Estates is a lifestyle that is hard to beat and only 18 minutes & 14 km to downtown Vernon. Ownership in Peregrine Point Estates gives you Membership in LECA, Lakeview Estates Community Association with some of the best and most scenic hiking trails in the Okanagan Valley, community beach access, boat launch, tennis courts, pickleball courts, and potential for boat moorage. Live all year round, lock and leave, or with the new strata provisions, rent when you are not using it (sorry, no short term rentals allowed). On-site RV or boat parking may be available. Your new home is waiting for you! For more info, or to book a viewing, call Don Defeo at RE/MAX Vernon, 250-558-8762. Pet Restrictions: 2 dogs or 2 cats 18"" at shoulder or 1 of each.
Property details
- Type
- Townhouse, Single Family
- Bedrooms
- 3
- Bathrooms
- 2
- Living area
- 2,088 sq ft
- Lot
- 2 sq ft
- Parking
- 2
- Year built
- 1997
- Property tax
- $4,576 / yr
- Strata fee
- $686 / mo ($0.33 / sq ft)
- Strata rules
- Pet Restrictions
- Days on market
- 2
- MLS®
- 10402560
Features
- Private setting
- One Balcony
- Rural Setting
- Pet Restrictions
- Dishwasher
Monthly cost
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
If you rented it out
- Rent
- $1,826/mo
- After all costs
- −$2,741/mo
- Cap rate
- 0.7%
- yearly net rent ÷ price
Costs: mortgage $3,178 · tax $381 · strata $686 · insurance ~$175 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 3+ bedroom in Vernon (CMHC Rental Market Survey, October 2025). Averages include long-time tenants, so new leases usually ask more; houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.
BC rules for landlords
- Short-term rentals are limited to the host's principal residence in most communities. gov.bc.ca
- Rent increases are capped once a year at the province's set amount. gov.bc.ca
- The speculation and vacancy tax applies in many areas to homes not lived in or rented out. gov.bc.ca
- Selling within two years of buying can trigger the BC home flipping tax. gov.bc.ca
Location
Schools
Catchment schools, Vernon School District 22
- Elementary Okanagan Landing Elementaryhomes in this catchment
5.5 km away · 7322 Grant Rd, Vernon · 250-542-1181
- Secondary Clarence Fulton Secondaryhomes in this catchment
7.8 km away · 2301 Fulton Rd, Vernon · 250-545-1348
From the Vernon School District 22's published catchment maps. A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.
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