Area: British Columbia
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Welcome to 1524 40th Street — a spacious and versatile home in a desirable Vernon neighbourhood, offering panoramic views and excellent income potential. This well-maintained property features 4 bedrooms plus a den and 3 full bathrooms, thoughtfully divided into two self-contained living spaces. The main floor offers 3 bedrooms and 2 full baths, perfect for families or long-term tenants. The current upper-level tenants are on a fixed-term lease until summer 2026, paying $3,200 per month plus utilities, providing stable income for the new owner. The lower-level suite includes 1 bedroom plus a den and 1 full bath, and is vacant and ready to rent or owner-occupied—ideal for extended family, guests, or generating additional revenue. A standout feature of this home is the professionally divided double garage, providing independent single-car garages for both the upper and lower suites. Whether you're an investor seeking a turn-key rental property or a homeowner looking for a versatile mortgage helper, 1524 40th Street offers comfort and flexibility. (id:44056)

Property Details

Full Address:
1527 40 Street, Vernon, British Columbia
Price:
$ 819,000
MLS Number:
10371012
List Date:
December 12th, 2025
Lot Size:
0.18 ac
Year Built:
1991
Taxes:
$ 3,733

Interior Features

Bedrooms:
4
Bathrooms:
3
Air Conditioning:
Central air conditioning
Heating:
Forced air, See remarks
Basement:
Full

Building Features

Storeys:
2
Sewer:
Municipal sewage system
Water:
Municipal water
Roof:
Asphalt shingle, Unknown
Exterior:
Stucco
Garage:
Attached Garage
Garage Spaces:
4
Ownership Type:
Freehold
Taxes:
$ 3,733

Floors

Finished Area:
2061 sq.ft.

Land

View:
City view, Mountain view, Valley view, View (panoramic)
Lot Size:
0.18 ac

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

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Dan Reinhardt Personal Real Estate Corporation Royal LePage Downtown Realty
 250-309-9111
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Listing Agent(s)

Listing: Dan Reinhardt
Royal LePage Downtown Realty
Co-Listing: Robert McGloin
Royal LePage Downtown Realty

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