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5565 Okanagan Landing Road, Vernon
2026-07-22
Quick Summary
- Location
- 5565 Okanagan Landing Road, Vernon, British Columbia V1T7A6
- Price
- $1,150,000
- Status:
- For Sale
- Property Type:
- Single Family
- Area:
- 1630 sqft
- Bedrooms:
- 3
- Bathrooms:
- 1
- Year of Construction:
- 1964
MLS®#10395031
Property Description
Outstanding investment and redevelopment opportunity on approximately 0.55 acres with Medium Scale Housing zoning, offering excellent potential for a 32-unit apartment development (buyer to verify development plans with the City of Vernon).The property includes a well-maintained 3-bedroom home currently rented for $2,600 per month to clean, reliable tenants, providing immediate cash flow while development plans are finalized. This is an ideal holding property for developers and investors looking to generate income throughout the planning process. Strategically located on Okanagan Landing Road, the property is just minutes from Okanagan Lake, schools, parks, shopping, public transit, and downtown Vernon. Positioned within one of Vernon's fastest-growing areas, this site benefits from strong demand for higher-density housing and excellent access to amenities. Whether you're an experienced developer or an investor seeking a high-potential land holding, this property offers an exceptional opportunity to secure a Medium Scale Housing development site with existing rental income in a highly desirable location. (id:32467)
Property Features
Building
- Architectural Style: Bungalow
- Construction Style: Detached
- Fireplace: No
- Interior Size: 1630 sqft
- Building Type: House
- Stories: 1
- Utility Water: Municipal water
Land
- Land Size: 0.55 ac|under 1 acre
- Sewer: Septic tank
Ownership
- Type: Freehold
Information entered by Coldwell Banker Executives Realty
Listing information last updated on: 2026-07-22 03:52:44
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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
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