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3708 25 Avenue, Vernon
2026-02-03
Quick Summary
- Location
- 3708 25 Avenue, Vernon, British Columbia V1T1P3
- Price
- $550,000
- Status:
- For Sale
- Property Type:
- Single Family
- Area:
- 2962 sqft
- Bedrooms:
- 4
- Bathrooms:
- 2
- Year of Construction:
- 1930
MLS®#10374066
Property Description
(Holding property with redevelopment potential). This 0.29-acre rectangular lot—measuring 74.88 feet wide by 170 feet deep (12,831 sq. ft.)—offers exceptional redevelopment potential following a recent rezoning to MUM (Multi-Unit: Medium Scale). The new zoning permits increased density and building heights up to 15 meters, significantly enhancing the site’s development capacity. Previously, the property had preliminary plans for a 3-storey, 6-unit row townhouse project, with each unit designed at approximately 2,200 sq. ft. including a garage. Situated in a rapidly evolving neighborhood. Concept images of the original townhouse design are available upon request. Additionally, assembly with the neighboring property creates the potential for a 54–72 unit apartment development, substantially increasing overall project scale and value. Acquiring both parcels together represents a significant value-add opportunity for developers and investors. (The interior needs a substantial update, the exterior appears to be in reasonable condition). Renovation potential, rental potential, value-add opportunity, ready for your vision. (id:32467)
Property Features
Ammenities Near By
- Ammenities Near By: Public Transit, Recreation
Building
- Basement Type: Full
- Construction Style: Detached
- Exterior Finish: Other
- Fireplace: Yes
- Interior Size: 2962 sqft
- Building Type: House
- Stories: 1.5
- Utility Water: Municipal water
Land
- Land Size: 0.29 ac|under 1 acre
- Sewer: Municipal sewage system
Ownership
- Type: Freehold
Information entered by Coldwell Banker Executives Realty
Listing information last updated on: 2026-02-02 23:03:25
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
7% on the first 100k & 2.5% on the balance + GST. Not all agents charge the same.
Savings shown are illustrative only. Actual commission costs depend on the commission structure negotiated with your agent.
One Percent Realty's top FAQs
Each agent sets their own commission structure, subject to a maximum of 1% for listing services and up to 1% payable to cooperating brokerages. Homes under $500,000 are subject to a minimum charge of $9,950
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