3708 25 Avenue
Vernon, British Columbia, V1T1P3
For Sale | $550,000 | 4 beds | 2 baths
Key facts
- Property type: Single Family
- Structure: House
- Transaction: For Sale
- Price: $550,000
- Bedrooms: 4
- Bathrooms: 2
- Interior size: 2,962 sqft
- Lot size: 0.29
- Year built: 1930
- Parking: 4
Listing overview
(Holding property with redevelopment potential). This 0.29-acre rectangular lot—measuring 74.88 feet wide by 170 feet deep (12,831 sq. ft.)—offers exceptional redevelopment potential following a recent rezoning to MUM (Multi-Unit: Medium Scale). The new zoning permits increased density and building heights up to 15 meters, significantly enhancing the site’s development capacity. Previously, the property had preliminary plans for a 3-storey, 6-unit row townhouse project, with each unit designed at approximately 2,200 sq. ft. including a garage. Situated in a rapidly evolving neighborhood. Concept images of the original townhouse design are available upon request. Additionally, assembly with the neighboring property creates the potential for a 54–72 unit apartment development, substantially increasing overall project scale and value. Acquiring both parcels together represents a significant...

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