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:4069)
Address
2611 Lakeshore Road
List Price
$899,000
Property Type
Other
Type of Dwelling
Residential Commercial Mix
Transaction Type
sale
Area
British Columbia
Sub-Area
Vernon
Lot Size
0.41 Sq. Ft.
MLS® Number
10358854
Listing Brokerage
Coldwell Banker Executives Realty
Postal Code
V1H1N1
Site Influences
Public Transit, Park, Recreation, Schools, Shopping
Features
Level lot
