4007 30 Avenue, Vernon
Land assembly opportunity at 4005 and 4007 30 Avenue, Vernon, BC. Two lots sold together, as-is, where-is, creating an approx. 0.51 acre / 22,200 sq. ft. site with approx. 181 ft of frontage on 30 Avenue. This site is best suited for buyers looking to unlock underutilized land and pursue future density in a city that needs more housing. Current MUM zoning allows up to 4 storeys / 18 m and 1.25 FAR, but the stronger opportunity may be a future rezoning application. In the right Urban Neighbourhood context, the site may support consideration of increased density and up to 6 storeys, subject to City review, servicing, parking, rezoning, and approvals. Current zoning suggests approx. 27,750 sq. ft. of buildable area, while a 3.0 FAR rezoning scenario could suggest approx. 66,600 sq. ft. For developers, this is your chance to pursue a purpose-built rental, multi-unit, or higher-density housing project that aligns with Vernon’s long-term growth plans and the need for more housing options for workers, renters, downsizers, seniors, and changing household needs. Development brief available upon request. All details must be independently verified by the buyer. (id:62865)
Status
Active
Year Built
1953
Property Type
House
Ownership
Freehold
Parking Spaces
1
Annual Tax
$3,344
Parcel Number
013-631-110
Data Source
Association of Interior REALTORS®
Bedrooms
4
Bathrooms
2
Living Area
1949 square feet
Architectural Style
Ranch
Basement
Full
Lot Size
0.26 acres
Frontage
101.0 feet
Exterior Features
Roof
Asphalt shingle,Unknown
Heating
Forced air, See remarks
Water Source
Municipal water
Sewer
Municipal sewage system
$728,000
Office
eXp Realty (Kelowna)
Loan Amount:
$582,400
Estimated Monthly Payment:
$2,838
This is an estimate for informational purposes only. Consult with a financial advisor.
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