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Renanza Realty
For sale

7000 Apollo Road

Vernon, British Columbia

MLS® 10401950

$5,250,000

Status
Active
Property type
Vacant land
MLS® number
10401950
Bedrooms
—
Bathrooms
—
Year built
—

Listing description

Exceptional 2. 27-acre residential development opportunity in Okanagan Landing, Vernon. The property features a proposed 40-dwelling residential development designed as a modern, master-planned community offering a diversified mix of duplex, walk-out duplex, and stacked triplex-style buildings.

The proposed development is designed as a building-strata project, creating the potential for individual residential units to be separately titled and sold upon completion, subject to final municipal approvals, subdivision/strata registration, and all applicable requirements. A significant amount of preliminary planning has already been completed. The current architectural and Development Permit package provides a valuable head start for a purchaser and includes site planning, architectural concepts, floor plans, elevations, building forms, exterior material concepts, landscaping concepts, and development rationale.

The proposed housing mix is designed to appeal to a broad range of future purchasers, including families, downsizers, investors, and end users. A compelling opportunity for a builder or developer seeking a substantial residential project on 2. 27 acres in Okanagan Landing, with much of the initial design and planning work already advanced.

Property summary

MLS® number
10401950
Property type
Vacant Land
Building type
Other
Title
Freehold
Land size
2.27 acres
Days on market
7 days

What would this home cost you?

Based on the $5,250,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$24,427 /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.