Don Rae Realtor


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  • 6699 Scott Road Vernon V1H1N4

    Price : $1,100,000 Listing ID : 10380440
    Bedrooms Bathrooms
    Property Type : Single Family Building Type : House
    Title : Freehold Finished Area : 2590 sqft
    Built in : 1975 Total Parking Spaces : 1
    RARE HIGH-CASH-FLOW OPPORTUNITY WITH DEVELOPMENT UPSIDE (<1km to Kin Beach) 6699 Scott Road presents a compelling ""covered land play"" offering strong in-place income with future redevelopment potential. This 0.32-acre (1,295 m²) property is currently configured with multiple self-contained living areas and generates approximately $75,338/year in gross income. Property is fully tenanted with tenants contributing to utilities. Buyer to verify all financials and tenancy arrangements. Zoned MUS (Multi-Unit Small Scale), the property supports a range of small-scale multi-unit housing forms. Based on current density allowances (up to 60 units per hectare), preliminary analysis suggests potential for approximately 6–7 units, subject to City approvals. City-based documentation indicates sanitary sewer capacity for a potential 7-unit development based on current modeling. Buyers to verify servicing requirements, elevations, and development feasibility with the City. Ideally located in Vernon, within close proximity to Okanagan Landing and less than 1km to Kin Beach, offering strong appeal for both investors and future residents. Investor package including rent roll, pro forma, zoning summary, and servicing information available upon request. (id:56537)

    Call (250)-864-7337 for showing information.
    Details
    Amenities Nearby : - Access : - Appliances Inc : Range, Refrigerator, Microwave, Washer & Dryer, Washer/Dryer Stack-Up
    Community Features : - Features : - Structures : -
    Total Parking Spaces : 1 View : - Waterfront : -
    Zoning Type : -
    Building
    Architecture Style : Ranch Bathrooms (Partial) : 0 Cooling : -
    Fire Protection : - Fireplace Fuel : Wood Fireplace Type : Conventional
    Floor Space : - Flooring : Laminate, Tile 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 : - Development : - Features : -
    Land
    Landscape Features : -
    Rooms
    Level : Type : Dimensions :
    Additional Accommodation Kitchen 6'6'' x 14'7''
    Main level Bedroom 10'1'' x 10'10''
    Bedroom 11'5'' x 12'11''
    Bedroom 12'3'' x 11'8''
    Bedroom 13'1'' x 10'10''
    Bedroom 9'0'' x 11'9''
    Dining room 11'6'' x 17'1''
    Dining room 13'7'' x 6'8''
    Family room 11'0'' x 13'0''
    Family room 13'7'' x 8'5''
    Foyer 9'10'' x 8'2''
    Full bathroom 9'0'' x 8'11''
    Full bathroom 9'10'' x 8'2''
    Full bathroom 9'6'' x 4'7''
    Kitchen 13'7'' x 13'11''
    Kitchen 6'11'' x 9'1''
    Laundry room 6'7'' x 13'2''
    Living room 12'2'' x 15'10''
    Office 6'11'' x 11'8''
    Pantry 5'1'' x 6'5''
    Primary Bedroom 13'8'' x 9'2''
    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.