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
$799,000
Property Type
Single Family
Type of Dwelling
House
Transaction Type
Sale
Area
British Columbia
Sub-Area
Vernon
Bedrooms
4
Bathrooms
2
Floor Area
1,809 Sq. Ft.
Lot Size
0.41 Sq. Ft.
Frontage Length
80 ft
Year Built
1976
MLS® Number
10405384
Listing Brokerage
Coldwell Banker Executives Realty
Basement Area
Full
Postal Code
V1H1N1
Ownership
Freehold
Parking Places (Total)
5
Site Influences
Public Transit, Park, Recreation, Schools, Shopping, Waterfront
Features
Irregular lot size
Community Features
Family Oriented
Heat Source
Electric
Heat Type
Baseboard heaters
Number Of Floors In Building
2
Water Source
Well
Access To Property
Easy access
Sewer
Municipal sewage system
