6999 Cummins Road, Vernon, British Columbia V1H 1M9
$2,480,000
Attention: Developers, Builders & Investors! Outstanding opportunity at 6999 Cummins Street in Vernon. This substantial site is zoned MUA – Multi-Unit Acreage: Small Scale, allowing detached, attached and multi-unit residential development up to 3 storeys. Under qualifying Class 4 servicing and Urban Containment Boundary conditions, density may reach 60 units/ha (24 units/acre). Preliminary planning has explored multiple development paths including a 2-parcel subdivision, ground-oriented townhomes and further subdivision concepts for the “handle” portion. Develop now, phase over time, subdivide or hold for future growth. A rare opportunity to ... read more
Attention: Developers, Builders & Investors! Outstanding opportunity at 6999 Cummins Street in Vernon. This substantial site is zoned MUA – Multi-Unit Acreage: Small Scale, allowing detached, attached and multi-unit residential development up to 3 storeys. Under qualifying Class 4 servicing and Urban Containment Boundary conditions, density may reach 60 units/ha (24 units/acre). Preliminary planning has explored multiple development paths including a 2-parcel subdivision, ground-oriented townhomes and further subdivision concepts for the “handle” portion. Develop now, phase over time, subdivide or hold for future growth. A rare opportunity to secure a sizeable Vernon development property with multiple potential exit strategies. Development concepts are preliminary and subject to City approvals, servicing and buyer due diligence. (id:39198)
- Listing ID: 10400823
- Property Type: Vacant Land
| Property | |
|---|---|
| Ownership: | Freehold |
| Land Size: | 3.1 Ac (1 - 5 Acres) Level |
| Building | |
|---|---|
| Type: | Vacant Land Other |
| HVAC: | Fireplace |
| Utilities: | Cable, Electricity, Natural Gas, Sewer, Water and Municipal Sewage System |
| Location | |
|---|---|
| Town: | Vernon |
| Province: | British Columbia |
| Nearby Amenities: | Airport, Golf Nearby, Recreation and Schools |
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