Vernon, British Columbia V1T7M1
$1,569,000
MLS® 10376026
5
Bedrooms
5
Bathrooms
3,600 square feet
Living Area
1971
Year Built
Single Family
Type
2 acres
Lot Size
1
Parking
2
Stories
RM2 ZONING • 1.55 ACRES • STRONG INFILL CORRIDOR Positioned in the heart of Vernon, a short walk to Kalamalka Beach and neighbouring the Vernon Golf & Country Club, this 1.55-acre property offers an exceptional development opportunity in a peaceful residential setting. Zoned MUM Multi-Unit, Medium Scale, the property is well positioned for small-scale multi-unit development. The zoning supports two-family dwellings, four-plex configurations and other medium-density forms subject to City of Vernon guidelines, opening the door to a range of development possibilities. The existing fully livable approx. 3,600 sq. ft. home offers 5 bedrooms and 5 bathrooms, with a 4-bedroom main residence plus a 1-bedroom suite, providing holding income potential while future plans take shape. Excellent frontage, gentle grade and predictable servicing create favourable conditions for efficient design and construction. Walk to Kalamalka Beach, shopping, transit and Okanagan College, with downtown Vernon just minutes away. Whether considering a purpose-built rental, stratified multi-unit build, senior housing or phased redevelopment strategy, this property offers the location, land and flexibility to bring a compelling vision to life. **Property tax amount is subject to verification and should be independently confirmed by the buyer. (id:65701)
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