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| 4702 20 Street Vernon V1T4E5 |
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| Price : $1,695,000 |
Listing ID : 10367263
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6
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3
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| Property Type : Single Family |
Building Type : House |
| Title : Freehold |
Finished Area : 2746 sqft |
| Built in : 1944 |
Total Parking Spaces : 6 |
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Prime Redevelopment & Investment Opportunity! Discover the exceptional potential of this expansive 0.83-acre property located in one of the area’s most sought-after, high-growth neighborhoods. Zoned MSH (Medium Scale Housing), this property is perfectly positioned for multi-family development, townhomes, row housing, fourplex or sixplex builds (buyer to verify), making it an ideal investment for builders, developers, and long-term strategic investors. The property currently features a well-maintained 6-bedroom, 3-bathroom home with numerous updates, move-in ready, and generating immediate rental income. Five rooms are presently rented month-to-month, providing a steady cash flow while you navigate planning, design, zoning, and development approvals. An accessory outbuilding offers storage and functionality for contractors, hobbyists, or equipment, and there is ample parking for RVs, boats, and recreational vehicles. This generational investment is set in a walkable, family-friendly area, just minutes to shopping centers, schools, transit routes, parks, and recreation. This redevelopment parcel availability is a rare opportunity to secure a high-value land holding with future appreciation upside. Whether you choose to redevelop now, phase construction, or hold for long-term capital growth, this property delivers extraordinary versatility and lasting value. (id:56537)
Call (250)-864-7337 for showing information. |
| Details |
| Amenities Nearby : Golf Nearby, Public Transit, Park, Recreation, Schools, Shopping, Ski area |
Access : Easy access |
Appliances Inc : Refrigerator, Dishwasher, Dryer, Range - Electric, Range - Gas, Microwave, Washer |
| Community Features : Family Oriented |
Features : Level lot, Central island, One Balcony |
Structures : - |
| Total Parking Spaces : 6 |
View : - |
Waterfront : - |
| Zoning Type : - |
| Building |
| Architecture Style : - |
Bathrooms (Partial) : 0 |
Cooling : Central air conditioning |
| Fire Protection : - |
Fireplace Fuel : Gas |
Fireplace Type : Unknown |
| Floor Space : - |
Flooring : Carpeted, Vinyl |
Foundation Type : - |
| Heating Fuel : - |
Heating Type : Forced air, See remarks |
Roof Style : Unknown |
| Roofing Material : Asphalt shingle |
Sewer : Municipal sewage system |
Utility Water : Municipal water |
| Basement |
| Type : Partial |
Development : - |
Features : - |
| Land |
| Landscape Features : Landscaped, Level, Underground sprinkler |
| Rooms |
| Level : |
Type : |
Dimensions : |
| Basement |
4pc Bathroom |
7'0'' x 8'6'' |
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Bedroom |
14'0'' x 10'1'' |
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Kitchen |
16'7'' x 8'7'' |
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Laundry room |
17'4'' x 5'8'' |
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Living room |
14'0'' x 11'10'' |
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Storage |
17'11'' x 6'0'' |
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Storage |
6'10'' x 6'0'' |
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Utility room |
7'5'' x 6'3'' |
| Main level |
3pc Ensuite bath |
8'1'' x 7'11'' |
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4pc Bathroom |
9'4'' x 6'0'' |
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Bedroom |
10'0'' x 11'5'' |
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Bedroom |
8'11'' x 8'0'' |
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Dining room |
15'9'' x 9'10'' |
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Foyer |
8'9'' x 6'0'' |
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Kitchen |
13'1'' x 17'6'' |
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Living room |
15'9'' x 13'5'' |
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Primary Bedroom |
11'6'' x 11'5'' |
| Second level |
Bedroom |
13'5'' x 11'9'' |
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Bedroom |
13'5'' x 23'8'' |
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Foyer |
5'10'' x 14'9'' |
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Data from sources believed reliable but should not be relied upon without verification. All measurements are
approximate.MLS®, Multiple Listing Service®, and all related graphics are trademarks of The Canadian Real Estate Association.
REALTOR®, REALTORS®, and all related graphics are trademarks of REALTOR® Canada Inc. a corporation owned by The Canadian Real Estate
Association and the National Association of REALTORS® .Copyright © 2023 Don Rae REALTOR® Not intended to solicit properties currently
under contract.
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