Prime Redevelopment Opportunity in a Thriving Location! Seize this rare investment opportunity with an expansive 0.83-acre property, perfectly zoned MSH (Medium Scale Housing), offering incredible potential for redevelopment, multi-family housing projects, or long-term investment. Nestled in a highly desirable, well-developed neighborhood, this property is ideal for builders, developers, or investors looking to capitalize on its zoning, strategic location, and lot dimension. The existing 6-bedroom, 3-bathroom home is move-in ready with numerous updates, making it perfect for immediate occupancy or rental income. Currently, five rooms are shared/rented by the seller on a month-to-month basis, providing rental income while you plan your next move. A large shop and additional outbuilding offer ample storage, and parking space for RVs, boats, jet skis, and more, adding further value to the property. Located just minutes from shopping centers, schools, and public transit, this property ensures convenience while promising strong future appreciation. Whether you choose to redevelop, expand, or hold a high-potential investment, this is an opportunity you don’t want to miss. (id:44056)

Property Details

Full Address:
4702 20 Street, Vernon, British Columbia
Price:
$ 1,919,000
MLS Number:
10338524
List Date:
March 28th, 2025
Lot Size:
0.83 ac
Year Built:
1944
Taxes:
$ 333

Interior Features

Bedrooms:
6
Bathrooms:
3
Appliances:
Washer, Refrigerator, Range - Gas, Range - Electric, Dishwasher, Dryer, Microwave
Flooring:
Carpeted, Vinyl
Air Conditioning:
Central air conditioning
Heating:
Forced air, See remarks
Fireplaces:
1
Fireplace Type:
Gas, Unknown
Basement:
Partial

Building Features

Storeys:
2
Sewer:
Municipal sewage system
Water:
Municipal water
Roof:
Asphalt shingle, Unknown
Zoning:
Unknown
Exterior:
Stucco
Garage:
Detached Garage, Oversize, Additional Parking
Garage Spaces:
6
Ownership Type:
Freehold
Taxes:
$ 333

Floors

Finished Area:
2746 sq.ft.

Land

Lot Size:
0.83 ac

Neighbourhood Features

Amenities Nearby:
Family Oriented

Ratings

Commercial Info

Neighbourhood Details

Location

Mortgage Calculator

powered by Ratehub.ca
Is this your listing?Advertise With Us!

Listing Agent(s)

Listing: Edmer Gatchalian
eXp Realty (Kelowna)

Similar Listings

Copyright © Real Estate Guide 2021 | Legal Sitemap
Area Modal Trigger
X