1311 25TH Avenue, Vernon, British Columbia V1T7L5

Listing courtesy of REMAX Kelowna.

$550,000
5
BD
3
BA
1,199
SqFt

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List Price
$550,000
MLS®
10401688
Days on Market
2
Status
ACTIVE
Type
Single Family Residential
Subtype
Single Family
Bedrooms
5
Bathrooms
3
Living Area
1,199
Lot Size Dimensions
0.17
Lot Size
7,405
Subdivision
East Hill

Property Description

INVESTOR & DEVELOPMENT POTENTIAL! PRICED $250,000 BELOW ASSESSED VALUE, WITH THE LAND ALONE ASSESSED AT $340,000! Bring your ideas, builder, and contractor to this exciting opportunity in Vernon’s desirable East Hill neighbourhood. Offering approximately 2,320 sq. ft. of total living space, this property is zoned MUS (Multi-Unit: Small Scale), providing an opportunity to explore a variety of residential redevelopment possibilities, subject to City of Vernon requirements, approvals, lot characteristics, and applicable development regulations. The existing home offers 5 bedrooms, with 3 on the main level and 2 downstairs, plus a separate basement entrance offering excellent suite potential. Inside, you’ll find hardwood flooring through the kitchen and dining area, dark maple cabinetry, and a sunken living room with a decorative fireplace. Recent upgrades include a brand-new hot water tank (2026) and a brand-new garage roof (2026). Located within walking distance of Silver Star Elementary and Vernon Secondary School, with transit nearby and convenient access to downtown Vernon and everyday amenities. Whether you’re looking for a renovation project, investment property, or future development opportunity, bring your ideas and explore the possibilities! Buyers to complete their own due diligence regarding zoning, permitted uses, density, development potential, and approvals with the City of Vernon. (id:5764)

Additional Information

Ownership
Freehold
Garage
Yes
Subdivision
East Hill
Parking Spaces
4
Fireplaces
2
Cooling
Central air conditioning
Country
Canada
Flooring
Concrete, Hardwood, Carpeted
Sewer
Municipal sewage system
Roof
Asphalt shingle, Unknown
Heating
Baseboard heaters
Lot Features
Level lot, Corner Site, Central island
Architectural Style
Ranch
Stories
1
Lot Size
7,405

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Calculator source: Real Geeks