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6699 Scott Road, Vernon
2026-03-30
Quick Summary
MLS®#10380440
Property Description
RARE HIGH-CASH-FLOW OPPORTUNITY WITH DEVELOPMENT UPSIDE (<1km to Kin Beach) 6699 Scott Road presents a compelling ""covered land play"" offering strong in-place income with future redevelopment potential. This 0.32-acre (1,295 m²) property is currently configured with multiple self-contained living areas and generates approximately $75,338/year in gross income. Property is fully tenanted with tenants contributing to utilities. Buyer to verify all financials and tenancy arrangements. Zoned MUS (Multi-Unit Small Scale), the property supports a range of small-scale multi-unit housing forms. Based on current density allowances (up to 60 units per hectare), preliminary analysis suggests potential for approximately 6–7 units, subject to City approvals. City-based documentation indicates sanitary sewer capacity for a potential 7-unit development based on current modeling. Buyers to verify servicing requirements, elevations, and development feasibility with the City. Ideally located in Vernon, within close proximity to Okanagan Landing and less than 1km to Kin Beach, offering strong appeal for both investors and future residents. Investor package including rent roll, pro forma, zoning summary, and servicing information available upon request. (id:32467)
Property Features
Building
- Appliances: Range, Refrigerator, Microwave, Washer & Dryer, Washer/Dryer Stack-Up
- Architectural Style: Ranch
- Construction Style: Detached
- Exterior Finish: Aluminum
- Fireplace: Yes
- Flooring Type: Laminate, Tile
- Interior Size: 2590 sqft
- Building Type: House
- Stories: 1
- Utility Water: Municipal water
Land
- Land Size: 0.32 ac|under 1 acre
- Sewer: Municipal sewage system
Ownership
- Type: Freehold
Information entered by Oakwyn Realty Okanagan
Listing information last updated on: 2026-03-30 16:52:33
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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.
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