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Renanza Realty
For sale

4203 34 Street

Vernon, British Columbia

MLS® 10401493

$399,000

Status
Active
Property type
House
MLS® number
10401493
Bedrooms
2
Bathrooms
1
Year built
1937

Listing description

Exceptional infill development opportunity in a convenient central Vernon location, offered at a price below the current City-assessed value. Situated on a 50’ x 125’ lot (approximately 6,250 sq. ft.)

, this property features MUS (Multi-Unit Small Scale) zoning, providing flexibility for a range of small-scale multi-unit residential development options up to three storeys. With potential to develop a 4-plex, this centrally located property presents an attractive opportunity for builders, developers, and investors looking for redevelopment potential at a competitive price point below assessed value. The location offers excellent everyday convenience within a well-established and highly walkable neighbourhood.

Safeway, Alexis Park Elementary, Kal Tire Place, shopping, services, and the new recreation centre currently under construction are all nearby. Whether you are looking to develop in the near term or secure a centrally located property with future redevelopment potential, this site offers an attractive combination of flexible zoning, multi-unit potential, central location, and compelling land value. An excellent opportunity to secure a potential multi-unit development property in the heart of Vernon at an attractive price.

""Value is primarily in the land and redevelopment potential""

Property summary

MLS® number
10401493
Property type
Single Family
Building type
House
Square footage
1,506 sq ft
Title
Freehold
Land size
0.14 acres
Built in
1937
Annual property taxes
$2,489.27
Parking
Surfaced
Days on market
1 day

Features & details

Heating
See remarks
Lot features
Level lot
View
City view

What would this home cost you?

Based on the $399,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$1,856 /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 Realtymonx, Kelowna.

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.