3708 25th Avenue Vernon, British Columbia V1T 1P3
$749,000
A rare and exciting development opportunity in a prime location! This lot offers incredible potential with zoning recently upgraded from RM1 (Row Housing Residential) to MUM (Multi-Unit: Medium Scale), allowing for greater density and up to 15 meters in height. Previously, preliminary plans were in place for a 3-storey, 6-unit row townhouse project, each offering 2,200 square feet, including a garage. With the new zoning, a condo building with ground-floor parking could now be considered, offering even more possibilities for future development. The Development Permit (DP) and Development Variance Permit (DVP) have expired, so a buyer will need to conduct due diligence with the City of Vernon to develop their own concept, but this is a fantastic investment opportunity with immense potential. Don’t miss out on the chance to develop in this rapidly evolving area. (Photos of the original townhouse concept provided for reference.) (id:58444)
Property Details
| MLS® Number | 10338341 |
| Property Type | Vacant Land |
| Neigbourhood | City of Vernon |
| AmenitiesNearBy | Public Transit, Recreation |
| CommunityFeatures | High Traffic Area, Pets Allowed, Rentals Allowed |
| Features | Level Lot |
| RoadType | Gravel Road |
Building
| Type | Other |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| LandAmenities | Public Transit, Recreation |
| LandscapeFeatures | Level |
| Sewer | Municipal Sewage System |
| SizeIrregular | 0.49 |
| SizeTotal | 0.49 Ac|under 1 Acre |
| SizeTotalText | 0.49 Ac|under 1 Acre |
| ZoningType | Multi-family |
Utilities
| Cable | At Lot Line |
| Electricity | At Lot Line |
| Natural Gas | At Lot Line |
| Telephone | At Lot Line |
| Sewer | Available |
| Water | At Lot Line |
https://www.realtor.ca/real-estate/28057762/3708-25th-avenue-vernon-city-of-vernon
Interested?
Contact us for more information
Hank Prebushewski
3405 27 St
Vernon, British Columbia V1T 4W8
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March 25 2025 06:18:56
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