Area: British Columbia
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A rare and exciting development opportunity in a prime location! This lot offers incredible potential with zoning recently upgraded from RM1 (Row Housing Residential) to MUM (Multi-Unit: Medium Scale), allowing for greater density and up to 15 meters in height. Previously, preliminary plans were in place for a 3-storey, 6-unit row townhouse project, each offering 2,200 square feet, including a garage. With the new zoning, a condo building with ground-floor parking could now be considered, offering even more possibilities for future development. The Development Permit (DP) and Development Variance Permit (DVP) have expired, so a buyer will need to conduct due diligence with the City of Vernon to develop their own concept, but this is a fantastic investment opportunity with immense potential. Don’t miss out on the chance to develop in this rapidly evolving area. (Photos of the original townhouse concept provided for reference.) (id:44056)

Property Details

Full Address:
3708 25TH Avenue, Vernon, British Columbia
Price:
$ 749,000
MLS Number:
10338341
List Date:
March 21st, 2025
Lot Size:
0.49 ac
Taxes:
$ 2,989

Interior Features

Building Features

Sewer:
Municipal sewage system
Water:
Municipal water
Zoning:
Multi-Family
Ownership Type:
Freehold
Taxes:
$ 2,989

Floors

Land

Lot Size:
0.49 ac
Road Type:
Gravel road

Neighbourhood Features

Amenities Nearby:
High Traffic Area, Pets Allowed, Rentals Allowed

Ratings

Commercial Info

Neighbourhood Details

Location

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Hank Prebushewski Coldwell Banker Executives Realty
 250-308-4337
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Listing Agent(s)

Listing: Hank Prebushewski
Coldwell Banker Executives Realty

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