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3802 32 Avenue, Vernon
2026-07-05
Quick Summary
- Location
- 3802 32 Avenue, Vernon, British Columbia V1T2N3
- Price
- $449,900
- Status:
- For Sale
- Property Type:
- Single Family
- Area:
- 696 sqft
- Bedrooms:
- 1
- Bathrooms:
- 1
- Garages:
- 1
- Year of Construction:
- 1908
MLS®#10393527
Property Description
An exceptional opportunity for developers, builders, and forward-thinking investors. A strategically located property in the heart of Vernon, 3802 32nd Avenue is zoned MUS (Multi-Unit Small Scale), with recently updated roads, sidewalks, alley way & services at lot line it offers tremendous redevelopment potential in one of the City's evolving growth corridors. Whether you're ready to build immediately or looking to secure a high-upside land holding, this property provides flexibility and future value. The existing home can generate rental income while completing development planning. The zoning & development potential make it the perfect candidate for higher-density housing. Buyers are encouraged to explore opportunities under the CMHC MLI Select financing program, which may offer attractive financing options for qualifying purpose-built rental developments. The property offers the potential for a Floor Area Ratio (FAR) of up to 3.0, allowing for approximately 28,000 sq. ft. of buildable floor area. Located just minutes from downtown Vernon, shopping, schools, transit, parks, and everyday amenities, this is a rare opportunity to acquire a redevelopment site in a community experiencing significant residential growth & increasing demand for new housing. Whether your vision is a purpose-built rental project, multi-family development, or a strategic land investment, 3802 32nd Avenue offers the location, zoning, and long-term potential to make your next project a success. (id:32467)
Property Features
Building
- Appliances: Refrigerator, Dryer, Oven - Electric, Washer
- Architectural Style: Ranch
- Basement Type: Full
- Construction Style: Detached
- Exterior Finish: Wood
- Fireplace: Yes
- Flooring Type: Linoleum, Wood, Tile
- Interior Size: 696 sqft
- Building Type: House
- Stories: 1
- Utility Water: Municipal water
Land
- Land Size: 0.22 ac|under 1 acre
- Sewer: Municipal sewage system
Ownership
- Type: Freehold
Information entered by RE/MAX Vernon
Listing information last updated on: 2026-07-03 15:48:06
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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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