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Renanza Realty
For sale

2602 45th Avenue

Vernon, British Columbia

MLS® 10389408

$499,900

Status
Active
Property type
Vacant land
MLS® number
10389408
Bedrooms
Bathrooms
Year built

Listing description

We are excited to present a prime real estate opportunity in a central location, perfectly suited for small-scale housing development. This property is zoned MUS (Multi Unit Small Scale), allowing for a diverse range of residential projects. The zoning regulations provide additional development flexibility, making it an ideal choice for developers looking to maximize their investment in a thriving community.

**Key Features:** **Central Location:** Situated in the heart of Vernon, BC, this property offers easy access to local amenities, public transportation, and major thoroughfares. **Zoning:** MUS (Multi Unit Small Scale) zoning permits a variety of small-scale housing developments, providing the potential for innovative residential solutions tailored to the community's needs. **Development Flexibility:** The zoning regulations allow for additional development flexibility based on site servicing and lot area, enabling creative and efficient use of the property.

**Walkability:** With a great walking score, residents will enjoy proximity to parks, shops, restaurants, and schools, enhancing the appeal of any future development. **Investment Potential:** This property presents a unique opportunity for developers and investors to capitalize on the growing demand for small-scale housing in a central location. The combination of favorable zoning, development flexibility, and a walkable neighbourhood makes this listing a must-see.

Property summary

MLS® number
10389408
Property type
Vacant Land
Building type
Other
Title
Freehold
Land size
0.18 acres
Annual property taxes
$2,573.15
Days on market
89 days

What would this home cost you?

Based on the $499,900 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$2,326 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of 3 Percent Realty Inc., Vernon.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.