6699 Scott Road, Vernon

2026-04-14
 

Quick Summary

Location
6699 Scott Road, Vernon, British Columbia V1H1N4
Price
$949,000 CAD
Status:
For Sale
Property Type:
Vacant Land
Video Link:

MLS®#10383417

Property Description

INCOME TODAY. DEVELOPMENT POTENTIAL TOMORROW. 6699 Scott Road offers a combination of strong rental income and future redevelopment potential in one of Vernon's growing neighbourhoods. Currently generating approximately $75,338 per year in gross rental income, the property is fully tenanted and configured with multiple self-contained living areas, providing immediate cash flow while future plans are explored. Tenants contribute toward utilities. Buyers should verify all income, expenses, and tenancy arrangements. Situated on a 0.32-acre (1,295 m²) lot and zoned MUS (Multi-Unit Small Scale), the property offers long-term upside beyond its current income stream. Based on current density allowances, preliminary analysis suggests potential for approximately 6–7 units, subject to City of Vernon approvals. Buyers should complete their own due diligence regarding servicing, development requirements, and approvals. Located less than 1 km from Kin Beach and close to Okanagan Landing amenities, schools, parks, and transit, the property benefits from a location attractive to both tenants and future residents. Whether you are looking for a cash-flowing investment, a holding property with future upside, or a redevelopment opportunity, 6699 Scott Road offers income today with potential for tomorrow. Investor package including rent roll, pro forma, zoning summary, and servicing information available upon request. (id:32467)

Property Features

Ammenities Near By

  • Ammenities Near By: Park

Building

  • Fireplace: No
  • Building Type: Other
  • Utility Water: Municipal water

Features

  • Feature: Corner Site

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: 2026-05-29 23:20:10


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$500,000

Your One Percent Realty Commission savings

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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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