2100 32nd Street, Vernon, British Columbia V1T5L1

Listing courtesy of RE/MAX Vernon.

$579,900
2
BD
1
BA
914
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$579,900
MLS®
10397715
Days on Market
9
Status
ACTIVE
Type
Single Family Residential
Subtype
Single Family
Bedrooms
2
Bathrooms
1
Living Area
914
Lot Size Dimensions
0.17
Lot Size
7,405
Subdivision
Mission Hill

Property Description

DEVELOPMENT OPPORTUNITY VERNON, 6-PLEX SUPPORTED BY CITY, POTENTIAL FOR 8 UNITS. Exceptional opportunity for developers and investors at 2100 32nd Street in Vernon. 3 lots with 3 separate titles zoned MUM (Multi-Unit Medium Scale). Ideally positioned in a convenient central location, this property offers a compelling opportunity to capitalize on Vernon’s growing demand for multi-family housing. The City has indicated support for a 6-unit development concept, creating a clear path to pursue a purpose-built multi-unit project. Even more compelling, there may be potential to increase the project to 8 units, subject to municipal review, approvals and final site planning. For developers looking to secure a property with meaningful redevelopment potential, this is an opportunity to acquire the land today & move forward with a multi-unit project designed to maximize the site’s potential while gaining income from the existing home and detached garage through the planning & approval stages. The location provides excellent access to downtown Vernon, shopping, schools, hospital minutes walk away, transportation & amenities. Whether you're looking for your next development project, a long-term investment or an opportunity to create new rental housing in Vernon, 2100 32nd Street deserves a serious look. 6 units supported by the City • Potential 8-unit upside • Central Vernon location • Strong multi-family development potential. Bring your development team and explore the possibilities. (id:5764)

Additional Information

Ownership
Freehold
Garage
Yes
Subdivision
Mission Hill
Parking Spaces
8
Country
Canada
Flooring
Hardwood, Carpeted, Linoleum
Sewer
Municipal sewage system
Roof
Asphalt shingle, Unknown
Community Features
Pets Allowed, Rentals Allowed
Heating
Forced air, See remarks
Architectural Style
Ranch
Stories
1
Lot Size
7,405

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks