4203 34 Street, Vernon, British Columbia V1B 3A7
$399,000
- 2 bedrooms
- 1 bathroom
- 1,506 Square Feet
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 ... read more
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:39198)
- Listing ID: 10401493
- Property Type: Single Family
- Year Built: 1937
| Property | |
|---|---|
| Ownership: | Freehold |
| Lot Size: | 0.14 Ac (Under 1 Acre) Rail and Level |
| Parking: | Surfaced |
| Building | |
|---|---|
| Type: | Single Family House |
| HVAC: | Fireplace and See Remarks |
| Utilities: | Sewer and Municipal Sewage System |
| Location | |
|---|---|
| Town: | Vernon |
| Province: | British Columbia |
| Nearby Amenities: | Public Transit, Recreation, Schools and Shopping |
| Rooms | Level | Dimensions |
|---|---|---|
| Bedroom | Main level | ' x ' |
| Living room | Main level | ' x ' |
| Full bathroom | Main level | ' x ' |
| Primary Bedroom | Main level | ' x ' |
| Kitchen | Main level | ' x ' |
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