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$ 2,480,000
Est. payment | /mo
3.1 Acres Lot
$ 2,480,000
Est. payment | /mo
3.1 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision Okanagan Landing
MLS® Listing ID 10400823
Lot Size 3.100 Acres
Acres 3.1
Property Sub-Type Freehold
Property Description
Attention: Developers, Builders & Investors! Outstanding opportunity at 6999 Cummins Street in Vernon. This substantial site is zoned MUA – Multi-Unit Acreage: Small Scale, allowing detached, attached and multi-unit residential development up to 3 storeys. Under qualifying Class 4 servicing and Urban Containment Boundary conditions, density may reach 60 units/ha (24 units/acre). Preliminary planning has explored multiple development paths including a 2-parcel subdivision, ground-oriented townhomes and further subdivision concepts for the “handle” portion. Develop now, phase over time, subdivide or hold for future growth. A rare opportunity to secure a sizeable Vernon development property with multiple potential exit strategies. Development concepts are preliminary and subject to City approvals, servicing and buyer due diligence. (id:24570)
Location
Province BC
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Building
Lot Description Level
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by Oakwyn Realty Okanagan-Letnick Estates
Nearby Locations
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