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2611 Lakeshore Road, Vernon

MLS® #10384179
About this Property

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)

Property Information

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®

Interior Details

Bedrooms

4

Bathrooms

2

Living Area

1809 square feet

Basement

Full

Flooring

LaminateLinoleum
Exterior & Lot

Lot Size

0.41 acres

Frontage

80.0 feet

Waterfront

Other

Lot Features

Irregular lot size

Exterior Features

Stucco

Community Features

Family Oriented
Building & Utilities

Roof

Asphalt shingle,Unknown

Heating

Baseboard heaters, Electric

Water Source

Well

Sewer

Municipal sewage system

$799,000

For immediate assistance, contact:

Joe Manhas

Personal Real Estate Corporation

604-720-0438
4Beds
2Baths
1809sqft
Listing Courtesy of

Office

Coldwell Banker Executives Realty

Mortgage Calculator
$159,800

Loan Amount:

$639,200

Estimated Monthly Payment:

$3,115

This is an estimate for informational purposes only. Consult with a financial advisor.