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2003 37 Avenue, Vernon
2026-05-28
Quick Summary
- Location
- 2003 37 Avenue, Vernon, British Columbia V1T2W9
- Price
- $1,799,000
- Status:
- For Sale
- Property Type:
- Multi-family
- Area:
- 5569 sqft
- Garages:
- 8
- Year of Construction:
- 1910
MLS®#10387848
Property Description
Rare re-development acquisition opportunity for just under half an acre of multi-unit zoned residential development land. New architect renderings for three (3) new development options for townhomes and multifamily apartments with expansive city & lake views. One of the few redevelopment sites ever offered on the East Hill in Vernon. Excellent location, close to town, this rectangular 120 by 182-foot, 0.49-acre, 21,344 SF site with 117 ft of frontage comes improved with a 5,569 square foot, 2-storey, 8-suite, multifamily apartment building that produces good holding income with a suite mix of Five (5) 1-bedroom suites and three (3) studios. The new MUS - Multi-unit: Small Scale zoning allows for a range of small-scale housing development up to 3 Storeys in Height, including detached, attached, and multi-unit housing on lots under 4,050 square meters (1 acre) Zoning permits up to 24 Dwelling Units per acre which makes the site suitable for 12 Strata Title Units. Property not in Heritage Registry. Foundation is poured concrete encased rock, interior finishes include painted wood panel with wainscot/chair railed areas and a mix of carpet, vinyl, laminate, hardwood & tile flooring. Don't miss this rare opportunity. (id:32467)
Property Features
Ammenities Near By
- Ammenities Near By: Public Transit, Park, Recreation, Schools, Shopping
Building
- Architectural Style: Multi-level
- Exterior Finish: Cedar Siding, Wood siding
- Fireplace: No
- Flooring Type: Carpeted, Mixed Flooring, Wood
- Interior Size: 5569 sqft
- Building Type: Multi-Family
- Stories: 1.5
- Utility Water: Municipal water
Features
- Feature: Private setting, Treed
Land
- Land Size: 0.49 ac|under 1 acre
- Sewer: Municipal sewage system
Ownership
- Type: Freehold
Information entered by Business Finders Canada
Listing information last updated on: 2026-05-28 02:32:51
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How much could you save in commission selling with One Percent Realty?
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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
Yes, and yes.
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