Presented by Robert J. Iio Personal Real Estate Corporation — Team 110 RE/MAX Real Estate (Kamloops).

(250) 851-3110
info@team110.com
Team 110 | Your Kamloops REALTOR®

3802 32 Avenue Vernon, British Columbia V1T 2N3

1 Bedroom 1 Bathroom 696 sqft
Ranch Fireplace Baseboard Heaters

$449,900

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!! (id:61048)

Property Details

MLS® Number 10393527
Property Type Single Family
Neigbourhood City of Vernon
Community Features Pets Allowed, Rentals Allowed
Parking Space Total 1

Building

Bathroom Total 1
Bedrooms Total 1
Appliances Refrigerator, Dryer, Oven - Electric, Washer
Architectural Style Ranch
Basement Type Full
Constructed Date 1908
Construction Style Attachment Detached
Exterior Finish Wood
Fireplace Fuel Unknown
Fireplace Present Yes
Fireplace Total 1
Fireplace Type Decorative
Flooring Type Linoleum, Wood, Tile
Heating Type Baseboard Heaters
Roof Material Asphalt Shingle
Roof Style Unknown
Stories Total 1
Size Interior 696 Sqft
Type House
Utility Water Municipal Water

Parking

Additional Parking
Detached Garage 1

Land

Acreage No
Fence Type Fence
Sewer Municipal Sewage System
Size Irregular 0.22
Size Total 0.22 Ac|under 1 Acre
Size Total Text 0.22 Ac|under 1 Acre

Rooms

Level Type Dimensions
Main Level Other 8' x 7'8''
Main Level Foyer 5'6'' x 4'
Main Level Laundry Room 6' x 5'6''
Main Level Primary Bedroom 10'8'' x 9'
Main Level 4pc Bathroom 9' x 7'
Main Level Living Room 14' x 12'
Main Level Dining Room 6' x 6'
Main Level Kitchen 14' x 7'

https://www.realtor.ca/real-estate/29984792/3802-32-avenue-vernon-city-of-vernon

Contact Us

Contact us for more information

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John Kristian
Personal Real Estate Corporation

(250) 549-4161
johnkristian.ca/
www.facebook.com/JohnKristianRemax
www.instagram.com/johnekristianrealestate/

RE/MAX Vernon
5603 27th Street
Vernon, British Columbia V1T 8Z5

(250) 549-4161
(250) 549-7007
www.remaxvernon.com/

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