Address
3802 32 Avenue, Vernon, BC
Price
$ 449,900
Property Attributes
  • ID#10393527V1T2N3
  • TypeSingle Family
  • Listing Status Active
  • MunicipalityVernon
  • CityVernon
  • NeighbourhoodCity of Vernon
  • Postal CodeV1T 2N3
  • StyleSingle Family Dwelling
  • Year Built1908
  • Price$ 449,900
  • Bedrooms1
  • Bathrooms1
  • Half Bathrooms0
  • Sqr Footage696
  • Lot Size0.22 Acres
Data Source:
RLP - CREA EN
Property Description

An exceptional opportunity for First time Buyer's, Single adults, those looking to increase their Real Estate porfolio and forward-thinking investors. The home presents comfort character & charm along with a large private city lot. 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 areas. Whether you're looking to live in, ready to build or secure a high-upside land holding, this property provides flexibility & 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 over 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. Live comfortably close to work and town, future development or holding value 3802 32 Ave has it!!

General Features

Terms SALE
Neighbourhood City of Vernon
Construction Style Detached
Property Sub Type Single Family
jumpId 28599151
Property Subtype French Single Family Dwelling
Listing Type French House
MLS 10393527
Appliances Refrigerator, Dryer, Oven - Electric, Washer
Architectural Style Rancher
Building Type House
Property Type Single Family
Sewer Municipal sewage system

Interior Features

Fireplace yes
Living Area Range 696 sqft
Bedrooms 1
Basement Type Full
Heating Type Baseboard heaters
Beds 1
Total Baths 1
Total Baths 1

Exterior Features

Exterior Finish Wood
Parking Type Detached garage

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in V1T 2N3

Price
AVG $450K
$450K
Year Built
AVG 1908
1908