3708 25 Avenue, Vernon, British Columbia, V1T 1P3

MLS® # 10374066

House For Sale In Vernon, British Columbia

$550,000 QuickQuote^TM: $548K - $735K

4 Beds

2 Baths

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Standing on sidewalk looking East across the property. - 3708 25 Avenue, Vernon, BC - Outdoor

standing on the sidewalk looking west across the property. - 3708 25 Avenue, Vernon, BC - Outdoor

standing on the sidewalk looking down the driveway, which leads to the rear parking area. - 3708 25 Avenue, Vernon, BC - Outdoor

backyard. - 3708 25 Avenue, Vernon, BC - Outdoor

standing out front of the house looking north down the street. - 3708 25 Avenue, Vernon, BC - Outdoor With View

standing on the sidewalk looking south down the street. - 3708 25 Avenue, Vernon, BC - Outdoor With View

standing on the driveway looking north across the front yard. - 3708 25 Avenue, Vernon, BC - Outdoor

standing at the backyard fence looking North west. - 3708 25 Avenue, Vernon, BC - Outdoor

backyard parking area. - 3708 25 Avenue, Vernon, BC - Outdoor

front yard. - 3708 25 Avenue, Vernon, BC - Outdoor

townhouse concpept - 3708 25 Avenue, Vernon, BC - Other

townhouse concept - 3708 25 Avenue, Vernon, BC - Other

Lot highlighted with dimensions. - 3708 25 Avenue, Vernon, BC - Outdoor With View

Lot placement in relatively to central Vernon and hospital. High walking score. - 3708 25 Avenue, Vernon, BC - Other

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3708 25 Avenue, Vernon, British Columbia, V1T 1P3

$550,000

4 Beds

2 Baths

Property Information:

(Holding property with redevelopment potential). This 0.29-acre rectangular lot—measuring 74.88 feet wide by 170 feet deep (12,831 sq. ft.)—offers exceptional redevelopment potential following a recent rezoning to MUM (Multi-Unit: Medium Scale). The new zoning permits increased density and building heights up to 15 meters, significantly enhancing the site’s development capacity. Previously, the property had preliminary plans for a 3-storey, 6-unit row townhouse project, with each unit designed at approximately 2,200 sq. ft. including a garage. Situated in a rapidly evolving neighborhood. Concept images of the original townhouse design are available upon request. Additionally, assembly with the neighboring property creates the potential for a 54–72 unit apartment development, substantially increasing overall project scale and value. Acquiring both parcels together represents a significant value-add opportunity for developers and investors. (The interior needs a substantial update, the exterior appears to be in reasonable condition). Renovation potential, rental potential, value-add opportunity, ready for your vision. (id:27)

Building Features:

Style: Detached
Building Type: House
Basement Type: Full
Construction Style - Attachment: Detached
Exterior Finish: Other
Fireplace: Yes
Floor Space: 2962 sqft
Roof Material: Asphalt shingle
Roof Style: Unknown
Heating Type: Forced air

Property Features:

OwnershipType: Freehold
Property Type: Single Family
Half Bathrooms: 1
Access Type: Highway access
Amenities Nearby: Public Transit, Recreation
Built in: 1930
Community Features: High Traffic Area, Rural Setting, Pets Allowed, Rentals Allowed
Fence Type: Chain link, Other
Floor Space (approx): 2962 Square Feet
Irregular: Yes
Lot Frontage: 76 Feet
Lot Size: 0.29 Acres
Utility Type: Water - Available, Cable - Available, Natural Gas - Available, Telephone - Available, Sewer - Available, Hydro - Available
Sewer: Municipal sewage system
Parking Type: RV
No. of Parking Spaces: 4