2003 37 Avenue, Vernon, BC V1T2W9 – 10346557 - Katie Van Nes

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Katie Van Nes

katie@mostreferred.expert +1(604) 855-8228

$ 1,800,000

Est. payment | -/mo

0.49 Acres Lot

Save

$ 1,800,000

Est. payment | -/mo

Save

0.49 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Subdivision East Hill

MLS® Listing ID 10346557

Lot Size 0.490 Acres

Acres 0.49

Property Sub-Type Freehold

Source Association of Interior REALTORS®

Property Description

Rare re-development acquisition opportunity for just under half an acre of multi-unit zoned residential development land. One of the few redevelopment sites ever offered on the East Hill in Vernon. Excellent location, close to town, this rectangular 120 by 182-foot, 0.49-acre, 21,344 SF site with 117 ft of frontage comes improved with a 5,569 square foot, 2-storey, 8-suite, multifamily apartment building that produces good holding income with a suite mix of five (5) 1-bedroom suites and three (3) studios. The new MUS - Multi-unit: Small Scale zoning allows for a range of small-scale housing development up to 3 Storeys in Height, including detached, attached, and multi-unit housing on lots under 4,050 square meters (1 acre) Zoning permits up to 24 Dwelling Units per acre which makes the site suitable for 12 Strata Title Units. Property not in Heritage Registry. Don't miss this rare opportunity. (id:24570)

Location

Province BC

Zoning Unknown

Rooms

Kitchen 0.0

Exterior

Parking Features No

Community Features Family Oriented

View Y/N Yes

View City view, Mountain view

Private Pool No

Building

Lot Description Landscaped

Sewer Municipal sewage system

Others

Ownership Freehold

Listed by NAI Commercial Okanagan Ltd.

"Unlock the door to your dream home with Katie, where professionalism meets passion in the world of real estate. We don't just sell properties; we curate lifestyles. Let us guide you through the doorway to exceptional living, turning houses into homes and dreams into addresses. Your key to a brighter future starts here – because home is where the heart is, and we're here to help you find yours. Trust [Your Name] for a seamless journey to your next chapter. Welcome home!"

+1(604) 855-8228

katie@mostreferred.expert

202-15388 24th Avenue, Surrey, V4A, 2J2, Canada

2003 37 Avenue Vernon, BC V1T2W9