Independent guide by Sean Phillips, REALTOR® · Coldwell Banker Executives Realty, Vernon BC

Cell 778-363-0542Hotline 604-227-4810

Silverton on the Lake7701 Okanagan Landing Rd Listing alerts

Sell

What's my Silverton unit worth?

A free, written opinion of value for your Silverton townhouse, a net-proceeds estimator, and the checklist that gets a 1990s waterfront strata unit ready for market.

Updated September 2026 · by Sean Phillips, REALTOR®

Request your unit's value

Online estimates are unreliable for a building like Silverton: there are only about 18 homes, sales are infrequent, and the portals often mislabel it as an apartment. A good valuation looks at what actually drives price here:

  • Your slip: its length, position and whether it has a lift
  • Direct-entry with yard, or walk-up
  • Floor area and bedroom count
  • Updates: heat pump, kitchen, bathrooms, windows, flooring
  • Lake view from the main living level
  • The strata's financial health: reserve fund, levies, deductibles
  • Recent sales at Silverton, Lakeside Residences, The Strand and other Okanagan Landing waterfront

Sean will review the comparables and send you a written opinion of value, usually within one business day. It's free, and there's no obligation to list.

Tell Sean about your unit

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Net proceeds estimator

What you might walk away with after closing. All amounts are yours to enter.

Enter the amount you've agreed to or been quoted. Commission is negotiable. GST is added automatically.

Ask your lender for a payout statement.

Moving, touch-ups, staging, any strata move-out fee.

Estimate only. Not financial, legal or tax advice. Verify with your lawyer or notary, lender and accountant.

Taxes sellers ask about

  • Principal residence: if the unit was your principal residence for every year you owned it, the gain is generally not subject to capital gains tax.
  • Second home or rental: capital gains tax usually applies. Talk to your accountant before you list.
  • Owned less than two years? The BC home flipping tax may apply: up to 20% of the net gain if sold within 365 days, declining to zero at 730 days, with life-event exemptions.
  • Non-resident sellers need a clearance certificate from the CRA, and the buyer's lawyer will hold back part of the proceeds until it's issued.

Sources: BC home flipping tax.

Silverton pre-listing checklist

Tick these off as you go. Your progress is not saved; print the page if you want a copy.

Paperwork buyers will ask for

Presentation

When to sell

Waterfront sells best when buyers can picture summer: listings that are ready for photos in late spring, with the docks in and the lawn green, get the most attention. But supply matters more than season at Silverton. With so few units, a well-priced listing in any month has little direct competition in the complex itself. The real competition is other waterfront townhouses and condos across Okanagan Landing.

The market in August 2026 was slow because of the wildfires, with North Okanagan sales down 26.6% and homes taking 94 days on average to sell. See the latest numbers on the market and news page.

Questions? Call or text

Ask about a specific Silverton unit

Strata fee for unit 12? Which slip goes with which townhouse? What the last depreciation report said? Sean Phillips is a REALTOR® with Coldwell Banker Executives Realty who lives full-time in Okanagan Landing. He can pull the documents and give you a straight answer, whether you are buying, selling or just curious.

778-363-0542Sean's direct cell · call or text

604-227-4810Info Hotline