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:60329)
Property Details
| MLS® Number | 10338341 |
| Property Type | Vacant Land |
| Neigbourhood | City of Vernon |
| Amenities Near By | Public Transit, Recreation |
| Community Features | High Traffic Area, Pets Allowed, Rentals Allowed |
| Features | Level Lot |
| Road Type | Gravel Road |
Building
| Type | Other |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Public Transit, Recreation |
| Landscape Features | Level |
| Sewer | Municipal Sewage System |
| Size Irregular | 0.49 |
| Size Total | 0.49 Ac|under 1 Acre |
| Size Total Text | 0.49 Ac|under 1 Acre |
| Zoning Type | 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
Contact Us
Contact us for more information
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
April 24 2025 03:19:03
Association of Interior REALTORS®
Coldwell Banker Executives Realty