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1802 31 Street, Vernon

Property Description

Cute Bungalow with Big Potential Near Vernon Jubilee Hospital – Zoned MSH (Up to 8 Stories) This charming 2-bedroom, 1-bathroom bungalow is as cute as a button and loaded with potential. Situated on a flat, sunny corner lot with frontage on 31 Street and convenient lane access on the side, this well-kept home is located in the heart of Vernon’s growing medical district—just steps from Vernon Jubilee Hospital, transit routes, and essential amenities. The home features a bright and cheerful kitchen, cozy living spaces, all appliances and a relaxing 14' x 11' covered deck overlooking the fully fenced backyard. Perfect for a first-time buyer, single professional, couple, or small family, it also offers ample off-street parking on both the property and the adjacent side street. Downstairs, the basement offers additional storage or development potential. Zoned MSH (Medium Sized Housing), this property allows for future development up to 8 storeys, making it a strategic investment for builders, developers, or investors. Consider holding as a rental property for hospital staff or explore options to build a low-rise apartment or multi-unit development. With the ongoing demand for housing near the hospital, this large corner lot with multiple access points is a smart play with long-term upside. Explore the possibilities—develop now or hold for the future. And if you're thinking big, consider assembling with neighbouring properties for even more opportunity. (id:43014)

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Full Address:
1802 31 Street, Vernon, British Columbia
Price:
$ 618,000
MLS Number:
10355253
List Date:
July 8th, 2025
Neighbourhood:
City of Vernon
Lot Size:
0.13 ac
Year Built:
1950
Taxes:
$ 2,071

Property Details

Bedrooms:
2
Bathrooms:
1
Air Conditioning:
Window air conditioner
Heating:
Forced air

Interior Features

Architectural Style:
Bungalow
Storeys:
2
Sewer:
Municipal sewage system
Water:
Municipal water
Garage:
Street
Ownership Type:
Freehold
Taxes:
$ 2,071

Building Features

Finished Area:
854 sq.ft.

Floors

Lot Size:
0.13 ac

Land

Neighbourhood Features

Ratings

Commercial Info

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Agent: Petrina OwenOffice: Royal LePage Kelowna

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Cute Bungalow with Big Potential Near Vernon Jubilee Hospital – Zoned MSH (Up to 8 Stories) This charming 2-bedroom, 1-bathroom bungalow is as cute as a button and loaded with potential. Situated on a flat, sunny corner lot with frontage on 31 Street and convenient lane access on the side, this well-kept home is located […]
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1802 31 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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