3708 25 Avenue, Vernon, BC V1T1P3
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3708 25 Avenue, Vernon, BC V1T1P3
3708 25 Avenue, Vernon, BC V1T1P3
3708 25 Avenue, Vernon, BC V1T1P3
3708 25 Avenue, Vernon, BC V1T1P3
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$ 550,000
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3708 25 Avenue Vernon, BC V1T1P3

4 Beds

2 Baths

2,962 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2962

Square Footage 2,962 sqft

Price per Sqft $185

Subdivision City Of Vernon

MLS® Listing ID 10374066

Bedrooms 4

Half Baths 1

Year Built 1930

Lot Size 0.290 Acres

Acres 0.29

Property Sub-Type Freehold

Property Description

(Holding property with redevelopment potential). This 0.29-acre rectangular lot—measuring 74.88 feet wide by 170 feet deep (12,831 sq. ft.)—offers exceptional redevelopment potential following a recent rezoning to MUM (Multi-Unit: Medium Scale). The new zoning permits increased density and building heights up to 15 meters, significantly enhancing the site's development capacity. Previously, the property had preliminary plans for a 3-storey, 6-unit row townhouse project, with each unit designed at approximately 2,200 sq. ft. including a garage. Situated in a rapidly evolving neighborhood. Concept images of the original townhouse design are available upon request. Additionally, assembly with the neighboring property creates the potential for a 54–72 unit apartment development, substantially increasing overall project scale and value. Acquiring both parcels together represents a significant value-add opportunity for developers and investors. (The interior needs a substantial update, the exterior appears to be in reasonable condition). Renovation potential, rental potential, value-add opportunity, ready for your vision. (id:24570)

Location

Province BC

Rooms

Kitchen 1.0

Extra Room 1 Second level 10'1'' x 8'1'' Foyer

Extra Room 2 Second level 10'1'' x 10'1'' Bedroom

Extra Room 3 Second level 10'1'' x 13'4'' Bedroom

Extra Room 4 Basement 38'8'' x 28'7'' Unfinished Room

Extra Room 5 Main level 21'7'' x 18'7'' Other

Extra Room 6 Main level 5'5'' x 15'6'' Foyer

Interior

Heating Forced air, See remarks

Fireplaces Number 1

Exterior

Parking Features No

Fence Chain link, Other

Community Features High Traffic Area, Rural Setting, Pets Allowed, Rentals Allowed

View Y/N No

Roof Type Unknown

Attached Garage No

Total Parking Spaces 4

Garage No

Private Pool No

Building

Story 1.5

Sewer Municipal sewage system

Others

Ownership Freehold


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Mathieu Bedard

Mathieu Bedard

Agent / Team Leader | License ID: 1240875

+1(250) 801-9700

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3708 25 Avenue