Don Rae Realtor


  • &address&
  • &address&
  • &address&
  • &address&
  • &address&
  • &address&
  • 3802 32 Avenue Vernon V1T2N3

    Price : $449,900 Listing ID : 10393527
    Bedrooms Bathrooms
    Property Type : Single Family Building Type : House
    Title : Freehold Finished Area : 1306 sqft
    Built in : 1908 Total Parking Spaces : 1
    An exceptional opportunity for First time Buyer's, Single adults, those looking to increase their Real Estate porfolio and forward-thinking investors. The home presents comfort character & charm along with a large private city lot. 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 areas. Whether you're looking to live in, ready to build or secure a high-upside land holding, this property provides flexibility & 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 over 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. Live comfortably close to work and town, future development or holding value 3802 32 Ave has it!! (id:56537)

    Call (250)-864-7337 for showing information.
    Details
    Amenities Nearby : - Access : - Appliances Inc : Refrigerator, Dryer, Oven - Electric, Washer
    Community Features : Pets Allowed, Rentals Allowed Features : - Structures : -
    Total Parking Spaces : 1 View : - Waterfront : -
    Zoning Type : -
    Building
    Architecture Style : Ranch Bathrooms (Partial) : 0 Cooling : -
    Fire Protection : - Fireplace Fuel : Unknown Fireplace Type : Decorative
    Floor Space : - Flooring : Linoleum, Wood, Tile Foundation Type : -
    Heating Fuel : - Heating Type : Baseboard heaters Roof Style : Unknown
    Roofing Material : Asphalt shingle Sewer : Municipal sewage system Utility Water : Municipal water
    Basement
    Type : Full Development : - Features : -
    Land
    Landscape Features : -
    Rooms
    Level : Type : Dimensions :
    Main level 4pc Bathroom 9' x 7'
    Dining room 6' x 6'
    Foyer 5'6'' x 4'
    Kitchen 14' x 7'
    Laundry room 6' x 5'6''
    Living room 14' x 12'
    Other 8' x 7'8''
    Primary Bedroom 10'8'' x 9'
    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.