3802 32 Avenue, Vernon, BC V1T2N3
3802 32 Avenue, Vernon, BC V1T2N3
3802 32 Avenue, Vernon, BC V1T2N3
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Jeffrey Sefton

Jeffrey Sefton

+1(250) 244-1762
$449,900
Est. payment /mo
1 Bed
1 Bath
696 SqFt
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Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 696

Square Footage 696 sqft

Price per Sqft $646

Subdivision City Of Vernon

MLS® Listing ID 10393527

Style Ranch

Bedrooms 1

Year Built 1908

Lot Size 9,583 Sqft

Acres 0.22

Property Sub-Type Freehold

Property Description

An exceptional opportunity for developers, builders, and forward-thinking investors. A strategically located property in the heart of Vernon, 3802 32nd Avenue is zoned MUS (Multi-Unit Small Scale), with recently updated roads, sidewalks, alley way & services at lot line it offers tremendous redevelopment potential in one of the City's evolving growth corridors. Whether you're ready to build immediately or looking to secure a high-upside land holding, this property provides flexibility and future value. The existing home can generate rental income while completing development planning. The zoning & development potential make it the perfect candidate for higher-density housing. Buyers are encouraged to explore opportunities under the CMHC MLI Select financing program, which may offer attractive financing options for qualifying purpose-built rental developments. The property offers the potential for a Floor Area Ratio (FAR) of up to 3.0, allowing for approximately 28,000 sq. ft. of buildable floor area. Located just minutes from downtown Vernon, shopping, schools, transit, parks, and everyday amenities, this is a rare opportunity to acquire a redevelopment site in a community experiencing significant residential growth & increasing demand for new housing. Whether your vision is a purpose-built rental project, multi-family development, or a strategic land investment, 3802 32nd Avenue offers the location, zoning, and long-term potential to make your next project a success. (id:24570)

Location

Province BC

Rooms

Kitchen 1.0

Extra Room 1 Main level 8' x 7'8'' Other

Extra Room 2 Main level 5'6'' x 4' Foyer

Extra Room 3 Main level 6' x 5'6'' Laundry room

Extra Room 4 Main level 10'8'' x 9' Primary Bedroom

Extra Room 5 Main level 9' x 7' 4pc Bathroom

Extra Room 6 Main level 14' x 12' Living room

Interior

Heating Baseboard heaters

Flooring Linoleum, Wood, Tile

Fireplaces Number 1

Fireplaces Type Decorative

Exterior

Parking Features Yes

Garage Spaces 1.0

Garage Description 1

Fence Fence

Community Features Pets Allowed, Rentals Allowed

View Y/N No

Roof Type Unknown

Attached Garage No

Total Parking Spaces 1

Garage Yes

Private Pool No

Building

Story 1

Sewer Municipal sewage system

Architectural Style Ranch

Others

Ownership Freehold

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Jeffrey Sefton

Jeffrey Sefton

+1(250) 244-1762

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3802 32 Avenue