4309 22 Street, Vernon

2024-03-28
 

Quick Summary

Location
4309 22 Street, Vernon, British Columbia V1T4J3
Price
$750,000 CAD
Status:
For Sale
Property Type:
Single Family
Area:
1697ft2
Bedrooms:
5
Bathrooms:
2
Year of Construction:
1955
Video Link:

MLS®#10308397

Property Description

Attention developers and builders! Here's your chance to capitalize on an exceptional opportunity with this 7200 square foot lot boasting MUS zoning. Nestled in a sought-after neighborhood, this property presents a lucrative investment prospect with immense potential for redevelopment. Zoning allows for the construction of 4 units, providing a solid foundation for development opportunities. Stay ahead of the curve with the possibility of more units when the new BC Govt regulations come into full effect, maximizing the return on your investment. This properties prime location offers easy access and walking distance to amenities, transportation & schools, making it an attractive choice for prospective homeowners or tenants. The existing 1955 home, in need of updating, offers a solid base with 5 bedrooms and 2 bathrooms. While the value lies primarily in the land for redevelopment, the current home presents a potential revenue stream during the planning and permitting stages. Enhancing the property is a detached garage with a workshop area or as a garden shed. Enjoy the charm of raised gardens in the backyard, providing a tranquil retreat or potential green space for future residents. Unlock the full potential of this property and capitalize on the burgeoning demand for housing in this desirable area. Whether you're looking to build multi-family units, explore alternative development options or update the existing home, this is a rare opportunity not to be missed, as is where is (id:32467)

Property Features

Ammenities Near By

  • Ammenities Near By: Public Transit, Park, Schools, Shopping

Building

  • Basement Type: Full
  • Construction Style: Detached
  • Cooling Type: Central air conditioning
  • Exterior Finish: Stucco, Wood
  • Fireplace: Yes
  • Flooring Type: Mixed Flooring
  • Interior Size: 1697 sqft
  • Building Type: House
  • Stories: 2
  • Utility Water: Municipal water

Features

  • Feature: Cul-de-sac, Level lot

Land

  • Land Size: 0.17 ac|under 1 acre
  • Sewer: Municipal sewage system

Ownership

  • Type: Freehold

Information entered by RE/MAX Vernon Salt Fowler
Listing information last updated on: 2024-09-05 15:42:19


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$500,000

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Dr. Darko Pibrovec, Ph.d REALTOR®

Phone:
778 805 4043
Email:
synergyman51@gmail.com
Support Area:
Lake Country, Winfield, Kelowna, Vernon

I am a former 20 year special education specialist with a solution focused approach to max ...

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