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3406 27 Avenue, Vernon

MLS® #10386836
About this Property

Four properties assembled in Downtown Vernon offering a combined 23,008 SF development site with three road frontages. Strategically positioned within the Downtown Urban Centre, the property is zoned CMUC – Commercial Mixed Use Centre , allowing for a wide range of Large-scale commercial, residential, and mixed-use developments up to 16 storeys in height. Vernon has experienced significant growth in recent years, further supported by the City’s adoption of a new Official Community Plan in 2025, encouraging higher-density residential and mixed-use development in the downtown core. The CMUB zoning is designed to support employment opportunities, retail, entertainment, services, and housing within the City Centre. The site is ideally located near local businesses, offices, retail amenities, Highway 97, and the hospital, providing excellent accessibility and long-term redevelopment potential. Developers may also benefit from the City of Vernon’s revitalization tax exemption program, helping reduce overall development costs. All 4 properties must be sold together:3417 27 Avenue,2602 34A Street,3401 26 Avenue,3406 27 Avenue .Call or Text Anne Murphy at 2505424443 for showing and information. Two of the existing houses are currently tenanted, generating a combined rental income of approximately $3,100 per month. (id:62865)

Property Information

Status

Active

Year Built

1910

Property Type

House

Ownership

Freehold

Annual Tax

$27,101

Parcel Number

012-397-318

Data Source

Association of Interior REALTORS®

Interior Details

Bedrooms

2

Bathrooms

1

Living Area

845 square feet

Architectural Style

Bungalow

Flooring

Other
Exterior & Lot

Lot Size

0.1 acres

Exterior Features

Other
Building & Utilities

Heating

No heat

Water Source

Municipal water

Sewer

Municipal sewage system

Utilities

Cable

$400,000

For immediate assistance, contact:

Joe Manhas

Personal Real Estate Corporation

604-720-0438
2Beds
1Baths
845sqft
Listing Courtesy of

Office

Royal LePage Downtown Realty

Mortgage Calculator
$80,000

Loan Amount:

$320,000

Estimated Monthly Payment:

$1,559

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