4309 22 Street
Vernon, British Columbia V1T4J3

$750,000

Attention developers and builders! Here's your chance to capitalize on an exceptional opportunity with this 7200 square foot lot boasting MUS zoning. Nestled in a sought-after neighborhood, this property presents a lucrative investment prospect with immense potential for redevelopment. Zoning allows for the construction of 4 units, providing a solid foundation for development opportunities. Stay ahead of the curve with the possibility of more units when the new BC Govt regulations come into full effect, maximizing the return on your investment. This properties prime location offers easy access and walking distance to amenities, transportation & schools, making it an attractive choice for prospective homeowners or tenants. The existing 1955 home, in need of updating, offers a solid base with 5 bedrooms and 2 bathrooms. While the value lies primarily in the land for redevelopment, the current home presents a potential revenue stream during the planning and permitting stages. Enhancing the property is a detached garage with a workshop area or as a garden shed. Enjoy the charm of raised gardens in the backyard, providing a tranquil retreat or potential green space for future residents. Unlock the full potential of this property and capitalize on the burgeoning demand for housing in this desirable area. Whether you're looking to build multi-family units, explore alternative development options or update the existing home, this is a rare opportunity not to be missed, as is where is (id:3942)

ID# 10308397

Virtual Tour

Courtesy of RE/MAX Vernon Salt Fowler
Listed on: March 28, 2024

On market: 217 days

5 Bedroom 2 Bathroom

Central air conditioning Forced air See remarks

Bathroom Total	2
Bedrooms Total	5
Half Bathrooms Total	0
Year Built	1955
Cooling Type	Central air conditioning
Flooring Type	Mixed Flooring
Heating Type	Forced air, See remarks
Stories Total	2

Bedroom	Basement	13'9'' x 12'9''
3pc Bathroom	Basement	7'2'' x 12'9''
Recreation room	Basement	21'4'' x 12'7''
Storage	Basement	10'6'' x 12'9''
Laundry room	Basement	13'11'' x 12'2''
Bedroom	Basement	11'11'' x 12'2''
Mud room	Main level	6'8'' x 7'8''
4pc Bathroom	Main level	9'7'' x 7'2''
Bedroom	Main level	8'3'' x 10'10''
Bedroom	Main level	9'5'' x 8'7''
Primary Bedroom	Main level	11'3'' x 12'2''
Dining room	Main level	12'1'' x 12'11''
Kitchen	Main level	14'9'' x 12'11''
Living room	Main level	17'7'' x 13'7''

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4309 22 Street Vernon, British Columbia V1T4J3

5 Bedroom 2 Bathroom

Central air conditioning Forced air See remarks

4309 22 Street
Vernon, British Columbia V1T4J3