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4702 20 Street, Vernon

Property Description

Prime Redevelopment Opportunity in a Thriving Location! Seize this rare investment opportunity with an expansive 0.83-acre property, perfectly zoned MSH (Medium Scale Housing), offering incredible potential for redevelopment, multi-family housing projects, or long-term investment. Nestled in a highly desirable, well-developed neighborhood, this property is ideal for builders, developers, or investors looking to capitalize on its zoning, strategic location, and lot dimension. The existing 6-bedroom, 3-bathroom home is move-in ready with numerous updates, making it perfect for immediate occupancy or rental income. Currently, five rooms are shared/rented by the seller on a month-to-month basis, providing rental income while you plan your next move. A large shop and additional outbuilding offer ample storage, and parking space for RVs, boats, jet skis, and more, adding further value to the property. Located just minutes from shopping centers, schools, and public transit, this property ensures convenience while promising strong future appreciation. Whether you choose to redevelop, expand, or hold a high-potential investment, this is an opportunity you don’t want to miss. (id:43014)

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Full Address:
4702 20 Street, Vernon, British Columbia
Price:
$ 1,919,000
MLS Number:
10338524
List Date:
March 28th, 2025
Neighbourhood:
Harwood
Lot Size:
0.83 ac
Year Built:
1944
Taxes:
$ 333

Property Details

Bedrooms:
6
Bathrooms:
3
Appliances:
Washer, Refrigerator, Range - Gas, Range - Electric, Dishwasher, Dryer, Microwave
Flooring:
Carpeted, Vinyl
Air Conditioning:
Central air conditioning
Heating:
Forced air, See remarks
Fireplaces:
1
Fireplace Type:
Gas, Unknown
Basement:
Partial

Interior Features

Storeys:
2
Sewer:
Municipal sewage system
Water:
Municipal water
Roof:
Asphalt shingle, Unknown
Zoning:
Unknown
Exterior:
Stucco
Garage:
Detached Garage, Oversize, Additional Parking
Garage Spaces:
6
Ownership Type:
Freehold
Taxes:
$ 333

Building Features

Finished Area:
2746 sq.ft.

Floors

Lot Size:
0.83 ac

Land

Amenities Nearby:
Family Oriented

Neighbourhood Features

Ratings

Commercial Info

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Agent: Edmer GatchalianOffice: eXp Realty (Kelowna)

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Prime Redevelopment Opportunity in a Thriving Location! Seize this rare investment opportunity with an expansive 0.83-acre property, perfectly zoned MSH (Medium Scale Housing), offering incredible potential for redevelopment, multi-family housing projects, or long-term investment. Nestled in a highly desirable, well-developed neighborhood, this property is ideal for builders, developers, or investors looking to capitalize on its […]
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4702 20 Street, Vernon

Vernon

Nestled in the picturesque North Okanagan region, Vernon offers a unique blend of natural beauty, recreational opportunities, and a vibrant community spirit. Its proximity to Kelowna International Airport, just a short 30-minute drive, makes it a convenient location for frequent travelers and visitors alike.

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