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Vernon,BC V1T1P3
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 2,962 sqft
Price per Sqft $202
Subdivision City Of Vernon
MLS Listing ID 10356415
Bedrooms 4
Half Baths 1
Year Built 1930
Lot Size 0.290 Acres
Acres 0.29
Property Sub-Type Freehold
Source Association of Interior REALTORS®
Property Description
This 0.29-acre rectangular lot—measuring 74.88 feet wide by 170 feet deep (12,831 square feet)—offers outstanding potential following a recent zoning change to MUM (Multi-Unit: Medium Scale). This new designation allows for increased density and building heights up to 15 meters. Previously, the property had preliminary plans for a 3-storey, 6-unit row townhouse project, with each unit offering 2,200 square feet including a garage. However, with the updated zoning, a 12-unit condominium building with ground-floor or underground parking is now a viable option—unlocking even greater value. The lot features a gentle front-to-back slope, making underground parking both feasible and cost-effective while optimizing the buildable height. Located in a rapidly evolving neighborhood, this is a rare opportunity to capitalize on Vernon's growing demand for multi-family housing. Photos of the original townhouse concept are available upon request. (id:24570)
Location
State BC
Zoning Multi-Family
Rooms
Kitchen 1.0
Extra Room 1 Second level 10'1'' x 8'1'' Foyer
Extra Room 2 Second level 10'1'' x 10'1'' Bedroom
Extra Room 3 Second level 10'1'' x 13'4'' Bedroom
Extra Room 4 Basement 38'8'' x 28'7'' Unfinished Room
Extra Room 5 Basement 20'9'' x 25'1'' Other
Extra Room 6 Main level 21'7'' x 18'7'' Other
Interior
Heating Forced air,See remarks
Exterior
Parking Features Yes
Garage Spaces 2.0
Garage Description 2
Fence Chain link,Other
Community Features High Traffic Area,Rural Setting
View Y/N No
Roof Type Unknown
Total Parking Spaces 2
Private Pool No
Building
Story 1.5
Sewer Municipal sewage system
Others
Ownership Freehold