$399,000

4203 34 Street, Vernon

Alexis Park, Vernon, BC V1B3A7

2 bd · 1 ba · 1,506 sq ft · Single-family home

Listed by Realtymonx · Gary Judge

About this property

Exceptional infill development opportunity in a convenient central Vernon location, offered at a price below the current City-assessed value. Situated on a 50’ x 125’ lot (approximately 6,250 sq. ft.), this property features MUS (Multi-Unit Small Scale) zoning, providing flexibility for a range of small-scale multi-unit residential development options up to three storeys. With potential to develop a 4-plex, this centrally located property presents an attractive opportunity for builders, developers, and investors looking for redevelopment potential at a competitive price point below assessed value. The location offers excellent everyday convenience within a well-established and highly walkable neighbourhood. Safeway, Alexis Park Elementary, Kal Tire Place, shopping, services, and the new recreation centre currently under construction are all nearby. Whether you are looking to develop in the near term or secure a centrally located property with future redevelopment potential, this site offers an attractive combination of flexible zoning, multi-unit potential, central location, and compelling land value. An excellent opportunity to secure a potential multi-unit development property in the heart of Vernon at an attractive price. ""Value is primarily in the land and redevelopment potential"" (id:67417)

Property details

Price

$399,000

MLS® number

10401493

Property type

Single-family home · House · Single Family

Ownership

Freehold

Bedrooms

2

Bathrooms

1

Living area

1,506 sq ft

Lot size

0.14 acres · 0.14

Frontage

50 feet

Year built

1937

Storeys

2

Annual taxes

$2,489

Community

Alexis Park, Vernon

Features

Heating

See remarks

Parking

Surfaced

View

City view

Lot

Level lot

Water

Municipal water

Sewer

Municipal sewage system

Utilities

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

Fencing

Rail

Rooms

Level	Room	Size
Main level	Bedroom	' x '
Main level	Living room	' x '
Main level	Full bathroom	' x '
Main level	Primary Bedroom	' x '
Main level	Kitchen	' x '

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