$799,000

2611 Lakeshore Road, Vernon

Okanagan Landing, Vernon, BC V1H1N1

Single-family home

Listed by Coldwell Banker Executives Realty · William Hubbard

About this property

2024 Appraisal on file for $950,000. Seller is licensed in the province of BC. Excellent multifamily, redevelopment opportunity across the road from Kin beach. Collect rent up and down while you wait to redevelop or go through the process. Or live a few steps from the beach. The main floor boasts a fully renovated 2-bedroom suite, complete with new flooring, new kitchen and fresh paint. The basement suite includes 2 bedrooms, 1 bathroom, and a generous family room. This property stands as a prime opportunity in the heart of Vernon's Waterfront Neighborhood Centre Plan that is up and coming in the near future. The city is open to Residential Medium Density zoning. offering unmatched flexibility for developers and investors alike. Zoning supports a broad range of high-return projects, all enhanced by panoramic lake views and immediate access to one of the region’s most scenic lakefront corridors. The value in this property is all about the potential. This whole corridor is slated for redevelopment. With a new high-rise apartment building just down the road, the potential has already started rising. (id:67417)

Property details

Price

$799,000

MLS® number

10384198

Property type

Single-family home · Residential Commercial Mix · Other

Lot size

0.41 acres · 0.41

Parking spaces

10

Annual taxes

$3,852

Community

Okanagan Landing, Vernon

Features

Heating

Baseboard heaters

Community

Family Oriented

Lot

Level lot

Water

Well

Sewer

Municipal sewage system

Utilities

Water, Sewer, Natural Gas, Electricity, Cable, Telephone

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