2611 Lakeshore Road

About this home

2024 Appraisal on file for $950,000. Seller is licensed in the province of BC. Excellent multifamily, redevelopment opportunity across the road from Kin beach. Collect rent up and down while you wait to redevelop or go through the process. Or live a few steps from the beach. The main floor boasts a fully renovated 2-bedroom suite, complete with new flooring, new kitchen and fresh paint. The basement suite includes 2 bedrooms, 1 bathroom, and a generous family room. This property stands as a prime opportunity in the heart of Vernon's Waterfront Neighborhood Centre Plan that is up and coming in the near future. The city is open to Residential Medium Density zoning. offering unmatched flexibility for developers and investors alike. Zoning supports a broad range of high-return projects, all enhanced by panoramic lake views and immediate access to one of the region’s most scenic lakefront corridors. The value in this property is all about the potential. This whole corridor is slated for redevelopment. With a new high-rise apartment building just down the road, the potential has already started rising. (id:66966)

Details

Type

Other

Property tax

$3,852

Neighbourhood

Okanagan Landing

Municipality

Vernon

Interior

Fireplace

No

Heating, cooling and services

Heating

Baseboard heaters

Water and sewer

Municipal sewage system

Utilities

Water, Sewer, Natural Gas, Electricity, Cable, Telephone

Parking

Total parking

10

Location

Location is approximate. See nearby homes on the map