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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.
Updates mentioned by the listing
- KitchenUpdated (year not given)“The main floor boasts a fully renovated 2-bedroom suite, complete with new flooring, new kitchen and fresh paint.”
- FlooringUpdated (year not given)“The main floor boasts a fully renovated 2-bedroom suite, complete with new flooring, new kitchen and fresh paint.”
From the listing description. Ask Sean to confirm ages and receipts before you write an offer.
Highlights
- The lot is 0.41 acres and level, with municipal sewer, natural gas and electricity listed.
- Lake Okanagan is about 140 m away straight-line, and Okanagan Landing Elementary about 600 m.
- Per the listing, the main floor has a renovated 2-bedroom suite and the basement has a 2-bedroom suite.
- City map facts show the property is not in a wildfire hazard permit area, with zoning Multi-Unit: Small Scale (MUS).
Things to check
- The property is in the City's flood hazard permit area. Ask your insurer, and ask the City what it means for future renovations or redevelopment.
- The listing mentions Residential Medium Density zoning, but City map facts show MUS. Ask the City what uses and density are allowed now.
- Water comes from a well. Ask for the well's details, recent water test results and its maintenance history.
- The City has a development application on file within about 400 m. See City of Vernon map facts for details.
Sean Phillips’s notes from the listing and public information. Not part of the MLS® listing. Please confirm anything important.
From the dock: Glass on the Lake reads the hour-by-hour wind forecast for Vernon’s three lakes and shows when the water should be calm and mirror-flat. When will the lake be like glass? →
Overall neighbourhood score 7.9 / 10; walk & bike score 3.1 / 10, from how close the nearest school, park or trail, rec centre and town centre are. Scores and distances are Sean Phillips’s own straight-line measures from this home to public B.C. map data. They are not part of the MLS® listing; driving distances are longer, so please check anything that matters to you.
- Grocery storeBuy Low Foods · 3.4 km42 min there, 41 min home35 m uphill on the way there · 4% tree shade
- CoffeeTim Hortons · 3.4 km42 min there, 41 min home35 m uphill on the way there · 4% tree shade
- Elementary schoolOkanagan Landing Elementary School · 0.8 kmSchool walk check: Much of the walk is along main roads; check for sidewalks · no main-road crossings10 min each way15 m uphill on the way there · 6% tree shade
- Park or playgroundLakeshore Park · right next door1 min each wayMostly flat
- Beach / lake accessLakeshore Beach · 0.1 km3 min each wayMostly flat
- DowntownDowntown Vernon · 6.7 km1 hr 22 min there, 1 hr 20 min home75 m uphill on the way there · 6% tree shade
- Rail trailOkanagan Rail Trail · 8.7 km1 hr 52 min there, 1 hr 49 min home225 m uphill on the way there · 18% tree shade
- HospitalVernon Jubilee Hospital · 6.3 km1 hr 19 min there, 1 hr 16 min home110 m uphill on the way there · 34% tree shade
- GolfThe Rise Golf Course · 5.6 km1 hr 27 min there, 1 hr 13 min home365 m uphill on the way there · 7% tree shade
- Grocery storeBuy Low Foods · 3.4 km15 min there, 14 min home35 m uphill on the way there · 4% tree shade
- CoffeeTim Hortons · 3.5 km15 min there, 14 min home35 m uphill on the way there · 4% tree shade
- Elementary schoolOkanagan Landing Elementary School · 0.8 km5 min there, 4 min home10 m uphill on the way there · 5% tree shade
- Park or playgroundLakeshore Park · right next door2 min each wayMostly flat
- Beach / lake accessLakeshore Beach · right next door2 min there, 3 min homeMostly flat
- DowntownDowntown Vernon · 6.8 km30 min there, 25 min home75 m uphill on the way there · 5% tree shade
- Rail trailOkanagan Rail Trail · 9.8 km44 min there, 38 min home135 m uphill on the way there · 10% tree shade
- HospitalVernon Jubilee Hospital · 6.5 km30 min there, 24 min home85 m uphill on the way there · 9% tree shade
- GolfVernon Golf Club · 7.7 km34 min there, 29 min home90 m uphill on the way there · 5% tree shade
- Grocery storeBuy Low Foods · 3.4 km11 min there, 10 min home35 m uphill on the way there · 4% tree shade
- CoffeeTim Hortons · 3.5 km11 min there, 10 min home35 m uphill on the way there · 4% tree shade
- Elementary schoolOkanagan Landing Elementary School · 0.8 km4 min each way15 m uphill on the way there · 6% tree shade
- Park or playgroundLakeshore Park · right next door2 min each wayMostly flat
- Beach / lake accessLakeshore Beach · right next door2 min each wayMostly flat
- DowntownDowntown Vernon · 6.8 km19 min each way80 m uphill on the way there · 8% tree shade
- Rail trailOkanagan Rail Trail · 9.7 km28 min there, 27 min home140 m uphill on the way there · 9% tree shade
- HospitalVernon Jubilee Hospital · 6.4 km19 min there, 18 min home90 m uphill on the way there · 8% tree shade
- GolfVernon Golf Club · 7.7 km22 min there, 21 min home95 m uphill on the way there · 5% tree shade
Sean Phillips’s own estimate, not part of the MLS® listing. Real routes on public map paths and roads, with the hills counted both ways, to the quickest-to-reach place of each kind. Times are averages for a relaxed pace; please check anything that matters to you. Map data © OpenStreetMap contributors. How HillSmart ratings work →
- Price
- $799,000
- MLS® number
- 10384198
- Property type
- Single-family home
- Lot size
- 0.41 acres
- Parking spaces
- 10
- Annual taxes
- $3,852
- Community
- Okanagan Landing, Vernon
- Heating
- Baseboard heaters
- Lot features
- Level lot
- Water
- Well
- Sewer
- Municipal sewage system
- Utilities
- Water, Sewer, Natural Gas, Electricity, Cable, Telephone
- Parking details
- 10 spaces in total
From the City of Vernon’s public maps, checked October 26, 2026. Not part of the MLS® listing. Please confirm anything important with the City.
- 6999 CUMMINS RD: To facilitate a proposed 2 lot subdivision on the subject property. Application
A nearby fire hall matters for home insurance and emergencies; firefighters are often first on scene for medical calls too.
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Listing information is provided by Coldwell Banker Executives Realty through the REALTOR.ca DDF®. It is deemed reliable but not guaranteed accurate and should be independently verified. Last updated 2026-09-30.