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Lot/land
  • C$1,800,000

    2003 37th Ave, Vernon, BC V1T 2W9

    --beds
    --baths
    0.49Acres
    Unimproved Land
    Built in ----
    0.49 Acres Lot
    $-- Zestimate®
    C$--/sqft
    C$-- HOA

    What's special

    Excellent location
    Rare re-development acquisition opportunity for just under half an acre of multi-unit zoned residential development land. One of the few redevelopment sites ever offered on the East Hill in Vernon. Excellent location, close to town, this rectangular 120 by 182-foot, 0.49-acre, 21,344 SF site with 117 ft of frontage comes improved with a 5,569 square foot, 2-storey, 8-suite, multifamily apartment building that produces good holding income with a suite mix of five (5) 1-bedroom suites and three (3) studios. The new MUS - Multi-unit: Small Scale zoning allows for a range of small-scale housing development up to 3 Storeys in Height, including detached, attached, and multi-unit housing on lots under 4,050 square meters (1 acre) Zoning permits up to 24 Dwelling Units per acre which makes the site suitable for 12 Strata Title Units. Property not in Heritage Registry. Don't miss this rare opportunity.
    88 days
    on Zillow
    |
    9
    |
    0
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    Zillow last checked: 7 hours ago

    Listing updated: July 01, 2025 at 05:04pm

    Listed by:

    Damon Stamboulieh,

    NAI Commercial Okanagan Ltd.

    Source: Association of Interior REALTORS,MLS®#: 10346557Originating MLS®#: Association of Interior REALTORS
    Travel times

    Facts & features

    Interior

    Features
    • Has fireplace: No

    Property

    Features
    • Has view: Yes
    • View description: City, Mountain(s)
    • Waterfront features: None
    Lot
    • Size: 0.49 Acres
    • Dimensions: 120.00 x 182.00
    • Features: Central Business District, Easy Access, Landscaped, Near Park, Private, Near Public Transit, Rolling Slope, Secluded, Views
    • Topography: Hill
    Details
    • Additional structures: Shed(s)
    • Parcel number: 010694587
    • Zoning: R-2

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Available, Natural Gas Available, Phone Available, Water Available, Cable Available

    Community & HOA

    Community
    • Features: Near Schools, Park, Recreation Area, Shopping
    HOA
    • Has HOA: No
    Location
    • Region: Vernon

    Financial & listing details

    • Annual tax amount: C$3,151
    • Date on market: 5/8/2025
    • Ownership: Freehold,Fee Simple
    • Road surface type: Paved
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