3708 25 Avenue Vernon, British Columbia V1T 1P3
$550,000
(Holding property with redevelopment potential). This 0.29-acre rectangular lot—measuring 74.88 feet wide by 170 feet deep (12,831 sq. ft.)—offers exceptional redevelopment potential following a recent rezoning to MUM (Multi-Unit: Medium Scale). The new zoning permits increased density and building heights up to 15 meters, significantly enhancing the site’s development capacity. Previously, the property had preliminary plans for a 3-storey, 6-unit row townhouse project, with each unit designed at approximately 2,200 sq. ft. including a garage. Situated in a rapidly evolving neighborhood. Concept images of the original townhouse design are available upon request. Additionally, assembly with the neighboring property creates the potential for a 54–72 unit apartment development, substantially increasing overall project scale and value. Acquiring both parcels together represents a significant value-add opportunity for developers and investors. (The interior needs a substantial update, the exterior appears to be in reasonable condition). Renovation potential, rental potential, value-add opportunity, ready for your vision. (id:55236)
Property Details
| MLS® Number | 10374066 |
| Property Type | Single Family |
| Neigbourhood | City of Vernon |
| Amenities Near By | Public Transit, Recreation |
| Community Features | High Traffic Area, Rural Setting, Pets Allowed, Rentals Allowed |
| Parking Space Total | 4 |
Building
| Bathroom Total | 2 |
| Bedrooms Total | 4 |
| Basement Type | Full |
| Constructed Date | 1930 |
| Construction Style Attachment | Detached |
| Exterior Finish | Other |
| Fireplace Present | Yes |
| Fireplace Total | 1 |
| Half Bath Total | 1 |
| Heating Type | Forced Air, See Remarks |
| Roof Material | Asphalt Shingle |
| Roof Style | Unknown |
| Stories Total | 2 |
| Size Interior | 2,962 Ft2 |
| Type | House |
| Utility Water | Municipal Water |
Parking
| R V | 1 |
Land
| Access Type | Highway Access |
| Acreage | No |
| Fence Type | Chain Link, Other |
| Land Amenities | Public Transit, Recreation |
| Sewer | Municipal Sewage System |
| Size Frontage | 76 Ft |
| Size Irregular | 0.29 |
| Size Total | 0.29 Ac|under 1 Acre |
| Size Total Text | 0.29 Ac|under 1 Acre |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Foyer | 10'1'' x 8'1'' | ||
| Second Level | Bedroom | 10'1'' x 10'1'' | ||
| Second Level | Bedroom | 10'1'' x 13'4'' | ||
| Basement | Unfinished Room | 38'8'' x 28'7'' | ||
| Main Level | Other | 21'7'' x 18'7'' | ||
| Main Level | Foyer | 5'5'' x 15'6'' | ||
| Main Level | Living Room | 15'6'' x 16'7'' | ||
| Main Level | Bedroom | 13'1'' x 13'10'' | ||
| Main Level | Full Bathroom | 7'3'' x 9'3'' | ||
| Main Level | Foyer | 8'9'' x 3'1'' | ||
| Main Level | Partial Bathroom | 9'3'' x 7'3'' | ||
| Main Level | Primary Bedroom | 15'5'' x 13'1'' | ||
| Main Level | Dining Room | 15'4'' x 7'4'' | ||
| Main Level | Kitchen | 10'9'' x 15'7'' | ||
| Main Level | Living Room | 16'7'' x 15'6'' |
Utilities
| Cable | Available |
| Electricity | Available |
| Natural Gas | Available |
| Telephone | Available |
| Sewer | Available |
| Water | Available |
https://www.realtor.ca/real-estate/29315429/3708-25-avenue-vernon-city-of-vernon
Contact Us
Contact us for more information
Hank Prebushewski
102-2901 32 St
Vernon, British Columbia V1T 5M2
(250) 549-2103
(250) 549-2106
thebchomes.com/
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