- ©MLS 10384198
- Parkings 10
Description
2024 Appraisal on file for $950,000. Seller is licensed in the province of BC. Excellent multifamily, redevelopment opportunity across the road from Kin beach. Collect rent up and down while you wait to redevelop or go through the process. Or live a few steps from the beach. The main floor boasts a fully renovated 2-bedroom suite, complete with new flooring, new kitchen and fresh paint. The basement suite includes 2 bedrooms, 1 bathroom, and a generous family room. This property stands as a prime opportunity in the heart of Vernon's Waterfront Neighborhood Centre Plan that is up and coming in the near future. The city is open to Residential Medium Density zoning. offering unmatched flexibility for developers and investors alike. Zoning supports a broad range of high-return projects, all enhanced by panoramic lake views and immediate access to one of the region’s most scenic lakefront corridors. The value in this property is all about the potential. This whole corridor is slated for redevelopment. With a new high-rise apartment building just down the road, the potential has already started rising. (id:48970) Show More
Details
- Property Type: Other
- Type: Residential Commercial Mix
- Access Type: Easy access
- Neighbourhood: Okanagan Landing
Ammenities + Nearby
- Public Transit
- Park
- Recreation
- Schools
- Shopping
- Public Transit
- Park
- Recreation
- Schools
- Shopping
Features
- Level lot
- Family Oriented
- Baseboard heaters
Location
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Data provided by: Okanagan-Mainline Real Estate Board