3802 32 Avenue, Vernon, British Columbia V1T2N3

Listing courtesy of RE/MAX Vernon.

$439,000
1
BD
1
BA
1,306
SqFt

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List Price
$439,000
MLS®
10403296
Status
ACTIVE
Type
Single Family Residential
Subtype
Single Family
Bedrooms
1
Bathrooms
1
Living Area
1,306
Lot Size Dimensions
0.22
Lot Size
9,583
Subdivision
City of Vernon

Property Description

INVESTMENT ALERT! Exceptional 0.22-acre city lot with lane access in the heart of Vernon, offering character-filled living paired with massive development potential. Zoned MSH (Medium Scale Housing), this high-density parcel allows for Floor Area Ratio (FAR) up to 3.0, unlocking over 28,000 sq ft of buildable floor area for diverse multi-unit housing. The home offers warmth and charm providing immediate holding value, and could generate up to $2000/month in rental income. Inside, the character-filled main level boasts inviting 9-foot ceilings, sun-filled living spaces, updated windows, and a brand-new electrical panel. The basement expands your usable footprint with a dedicated den and a large built-in hobby workbench. Outside, this large, centrally-located city lot is fully fenced, beautifully landscaped, and exceptionally private. A detached garage provides secure storage, while dedicated RV hookups add ultimate convenience for travelers or extra vehicles. Much of the infrastructure groundwork is already completed including recently updated municipal roads, sidewalks, stable alley access, and critical services are already brought directly to the lot line. Location is unbeatable for future tenants—situated in an evolving residential growth zone just minutes walking distance from downtown Vernon, local boutique shopping, public transit, parks, and the Schubert Centre. This versatile, future- ready property offers true potential. (id:5764)

Additional Information

Ownership
Freehold
Garage
Yes
Subdivision
City of Vernon
Parking Spaces
20
Fireplaces
1
Country
Canada
Flooring
Tile, Linoleum, Wood
Sewer
Municipal sewage system
Roof
Asphalt shingle, Unknown
Heating
Baseboard heaters
Architectural Style
Ranch
Stories
1
Lot Size
9,583
Exterior Features
Stucco

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Calculator source: Real Geeks