2611 Lakeshore Road, Vernon
Excellent multifamily, redevelopment opportunity across the road from Kin beach. Collect rent up and down while you wait to redevelop or go through the process. Or live a few steps from the beach. The main floor boasts a fully renovated 2-bedroom suite, complete with new flooring, new kitchen and fresh paint. The basement suite includes 2 bedrooms, 1 bathroom, and a generous family room. This property stands as a prime opportunity in the heart of Vernon's Waterfront Neighborhood Centre Plan that is up and coming in the near future. The city is open to Residential Medium Density zoning. offering unmatched flexibility for developers and investors alike. Zoning supports a broad range of high-return projects, all enhanced by panoramic lake views and immediate access to one of the region’s most scenic lakefront corridors. The value in this property is all about the potential. This whole corridor is slated for redevelopment. With a new high-rise apartment building just down the road, the potential has already started rising. (id:62865)
Status
Active
Year Built
1976
Property Type
House
Ownership
Freehold
Parking Spaces
5
Annual Tax
$3,852
Parcel Number
005-140-161
Data Source
Association of Interior REALTORS®
Bedrooms
4
Bathrooms
2
Living Area
1809 square feet
Basement
Full
Flooring
Lot Size
0.41 acres
Frontage
80.0 feet
Waterfront
Other
Lot Features
Exterior Features
Community Features
Roof
Asphalt shingle,Unknown
Heating
Baseboard heaters, Electric
Water Source
Well
Sewer
Municipal sewage system
$799,000
Office
Coldwell Banker Executives Realty
Loan Amount:
$639,200
Estimated Monthly Payment:
$3,115
This is an estimate for informational purposes only. Consult with a financial advisor.
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