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| 5565 Okanagan Landing Road Vernon V1T7A6 |
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| Price : $1,150,000 |
Listing ID : 10395031
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3 
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1 
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| Property Type : Single Family |
Building Type : House |
| Title : Freehold |
Finished Area : 1630 sqft |
| Built in : 1964 |
Total Parking Spaces : - |
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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:56537)
Call (250)-864-7337 for showing information. |
| Details |
| Amenities Nearby : - |
Access : - |
Appliances Inc : - |
| Community Features : - |
Features : - |
Structures : - |
| Total Parking Spaces : - |
View : - |
Waterfront : - |
| Zoning Type : - |
| Building |
| Architecture Style : Bungalow |
Bathrooms (Partial) : 0 |
Cooling : - |
| Fire Protection : - |
Fireplace Fuel : - |
Fireplace Type : - |
| Floor Space : - |
Flooring : - |
Foundation Type : - |
| Heating Fuel : - |
Heating Type : Forced air |
Roof Style : - |
| Roofing Material : - |
Sewer : Septic tank |
Utility Water : Municipal water |
| Basement |
| Type : - |
Development : - |
Features : - |
| Land |
| Landscape Features : - |
| Rooms |
| Level : |
Type : |
Dimensions : |
| Lower level |
Bedroom |
12' x 9' |
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Bedroom |
24' x 12' |
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Unfinished Room |
24' x 13' |
| Main level |
Dining room |
14' x 12' |
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Full bathroom |
Measurements not available |
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Kitchen |
12' x 8' |
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Laundry room |
7' x 5' |
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Living room |
23' x 12' |
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Primary Bedroom |
12' x 11' |
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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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