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4309 22 Street

Single Family For Sale in Vernon, British Columbia

$750,000
  • 5 Beds
  • 2 Baths
  • 1,697 Sq. Ft.
  • Built 1955
Attention developers and builders! Here's your chance to capitalize on an exceptional opportunity with this 7200 square foot lot boasting MUS zoning. Nestled in a sought- after neighborhood, this property presents a lucrative investment prospect with immense potential for redevelopment. Zoning allows for the construction of 4 units, providing a solid foundation for development opportunities. Stay ahead of the curve with the possibility of more units when the new BC Govt regulations come into full effect, maximizing the return on your investment. This properties prime location offers easy access and walking distance to amenities, transportation & schools, making it an attractive choice for prospective homeowners or tenants. The existing 1955 home, in need of updating, offers a solid base with 5 bedrooms and 2 bathrooms. While the value lies primarily in the land for redevelopment, the current home presents a potential revenue stream during the planning and permitting stages. Enhancing the property is a detached garage with a workshop area or as a garden shed. Enjoy the charm of raised gardens in the backyard, providing a tranquil retreat or potential green space for future residents. Unlock the full potential of this property and capitalize on the burgeoning demand for housing in this desirable area. Whether you're looking to build multi-family units, explore alternative development options or update the existing home, this is a rare opportunity not to be missed, as is where is. (id:4069)
Address 4309 22 Street
List Price $750,000
Property Type Single Family
Type of Dwelling House
Area British Columbia
Sub-Area Vernon
Bedrooms 5
Bathrooms 2
Floor Area 1,697 Sq. Ft.
Lot Size 0.17 Sq. Ft.
Year Built 1955
MLS® Number 10308397
Listing Brokerage RE/MAX Vernon Salt Fowler
Basement Area Full
Postal Code V1T4J3
Site Influences Public Transit, Park, Schools, Shopping
Features Cul-de-sac, Level lot

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Tarynn Liv Parker

Oakwyn Realty

473 Bernard Ave. Kelowna BC V1Y 6N8

Mobile: 250-215-4076

tarynn@thefieldguide.ca