Exceptional infill development opportunity in a convenient central Vernon location, offered at a price below the current City-assessed value. Situated on a 50’ x 125’ lot (approximately 6,250 sq. ft.), this property features MUS (Multi-Unit Small Scale) zoning, providing flexibility for a range of small-scale multi-unit residential development options up to three storeys. With potential to develop a 4-plex, this centrally located property presents an attractive opportunity for builders, developers, and investors looking for redevelopment potential at a competitive price point below assessed value. The location offers excellent everyday convenience within a well-established and highly walkable neighbourhood. Safeway, Alexis Park Elementary, Kal Tire Place, shopping, services, and the new recreation centre currently under construction are all nearby. Whether you are looking to develop in the near term or secure a centrally located property with future redevelopment potential, this site offers an attractive combination of flexible zoning, multi-unit potential, central location, and compelling land value. An excellent opportunity to secure a potential multi-unit development property in the heart of Vernon at an attractive price. ""Value is primarily in the land and redevelopment potential"" (id:47466)
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA" MLS®, REALTOR®, and the associated logos are trademarks of The Canadian Real Estate Association. This website is operated by a brokerage or salesperson who is a member of The Canadian Real Estate Association. The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, “screen scraping”, “database scraping”, and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or displayed on this website.
Multiple Listing Service (MLS) trademark® The MLS® mark and associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. ©2017 The Canadian Real Estate Association. All rights reserved. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.
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The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA" MLS®, REALTOR®, and the associated logos are trademarks of The Canadian Real Estate Association. This website is operated by a brokerage or salesperson who is a member of The Canadian Real Estate Association. The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, “screen scraping”, “database scraping”, and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or displayed on this website.
Multiple Listing Service (MLS) trademark® The MLS® mark and associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. ©2017 The Canadian Real Estate Association. All rights reserved. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.