INVESTMENT ALERT! Exceptional 0.22-acre city lot with lane access in the heart of Vernon, offering character-filled living paired with massive development potential. Zoned MSH (Medium Scale Housing), this high-density parcel allows for Floor Area Ratio (FAR) up to 3.0, unlocking over 28,000 sq ft of buildable floor area for diverse multi-unit housing. The home offers warmth and charm providing immediate holding value, and could generate up to $2000/month in rental income. Inside, the character-filled main level boasts inviting 9-foot ceilings, sun-filled living spaces, updated windows, and a brand-new electrical panel. The basement expands your usable footprint with a dedicated den and a large built-in hobby workbench. Outside, this large, centrally-located city lot is fully fenced, beautifully landscaped, and exceptionally private. A detached garage provides secure storage, while dedicated RV hookups add ultimate convenience for travelers or extra vehicles. Much of the infrastructure groundwork is already completed including recently updated municipal roads, sidewalks, stable alley access, and critical services are already brought directly to the lot line. Location is unbeatable for future tenants—situated in an evolving residential growth zone just minutes walking distance from downtown Vernon, local boutique shopping, public transit, parks, and the Schubert Centre. This versatile, future- ready property offers true potential. (id:44056)

Property Details

Full Address:
3802 32 Avenue, Vernon, British Columbia
Price:
$ 439,000
MLS Number:
10403296
List Date:
October 9th, 2026
Neighbourhood:
City of Vernon
Lot Size:
0.22 ac
Year Built:
1908
Taxes:
$ 2,113

Interior Features

Bedrooms:
1
Bathrooms:
1
Appliances:
Washer, Refrigerator, Oven - Electric, Dryer
Flooring:
Tile, Linoleum, Wood
Heating:
Baseboard heaters
Fireplaces:
1
Fireplace Type:
Unknown, Decorative
Basement:
Full

Building Features

Architectural Style:
Ranch
Storeys:
1
Sewer:
Municipal sewage system
Water:
Municipal water
Roof:
Asphalt shingle, Unknown
Exterior:
Wood
Garage:
Detached Garage, Additional Parking
Garage Spaces:
5
Ownership Type:
Freehold
Taxes:
$ 2,113

Floors

Finished Area:
1306 sq.ft.

Land

Lot Size:
0.22 ac

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

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Listing Agent(s)

Listing: David Pusey
RE/MAX Vernon

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