Key Facts
- MLS® #: 10338524
- Property ID: SIRC2343028
- Property Type: Residential, Single Family Detached
- Living Space: 2,746 sq.ft.
- Lot Size: 0.83 ac
- Year Built: 1944
- Bedrooms: 6
- Bathrooms: 3
- Parking Spaces: 6
- Listed By:
- eXp Realty (Kelowna)
Property Description
Prime Redevelopment Opportunity in a Thriving Location! Seize this rare investment opportunity with an expansive 0.83-acre property, perfectly zoned MSH (Medium Scale Housing), offering incredible potential for redevelopment, multi-family housing projects, or long-term investment. Nestled in a highly desirable, well-developed neighborhood, this property is ideal for builders, developers, or investors looking to capitalize on its zoning, strategic location, and lot dimension.
The existing 6-bedroom, 3-bathroom home is move-in ready with numerous updates, making it perfect for immediate occupancy or rental income. Currently, five rooms are shared/rented by the seller on a month-to-month basis, providing rental income while you plan your next move. A large shop and additional outbuilding offer ample storage, and parking space for RVs, boats, jet skis, and more, adding further value to the property.
Located just minutes from shopping centers, schools, and public transit, this property ensures convenience while promising strong future appreciation. Whether you choose to redevelop, expand, or hold a high-potential investment, this is an opportunity you don’t want to miss.
Rooms
- TypeLevelDimensionsFlooring
- UtilityBasement6' 3" x 7' 5"Other
- StorageBasement6' x 6' 9.9"Other
- BathroomBasement8' 6" x 7'Other
- Laundry roomBasement5' 8" x 17' 3.9"Other
- KitchenBasement8' 6.9" x 16' 6.9"Other
- StorageBasement6' x 17' 11"Other
- Living roomBasement11' 9.9" x 14'Other
- BedroomBasement10' 9.6" x 14'Other
- BathroomMain6' x 9' 3.9"Other
- BedroomMain8' x 8' 11"Other
- BathroomMain7' 11" x 8' 9.6"Other
- Primary bedroomMain11' 5" x 11' 6"Other
- BedroomMain11' 5" x 10'Other
- FoyerMain6' x 8' 9"Other
- KitchenMain17' 6" x 13' 9.6"Other
- Living roomMain13' 5" x 15' 9"Other
- Dining roomMain9' 9.9" x 15' 9"Other
- Bedroom2nd floor11' 9" x 13' 5"Other
- Bedroom2nd floor23' 8" x 13' 5"Other
- Foyer2nd floor14' 9" x 5' 9.9"Other
Listing Agents
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Location
4702 20 Street, Vernon, British Columbia, V1T 4E5 Canada
Around this property
Information about the area within a 5-minute walk of this property.
- 25.05% 80 and over
- 17.25% 65 to 79
- 16.74% 20 to 34
- 14.81% 50 to 64
- 14.42% 35 to 49
- 3.3% 0 to 4
- 3.24% 5 to 9
- 3.12% 10 to 14
- 2.07% 15 to 19
- Households in the area are:
- 50.36% Single family
- 44.26% Single person
- 5.38% Multi person
- 0% Multi family
- $90,223 Average household income
- $43,692 Average individual income
- People in the area speak:
- 88.52% English
- 2.58% German
- 1.89% French
- 1.74% Punjabi (Panjabi)
- 1.67% Tagalog (Pilipino, Filipino)
- 1.04% Dutch
- 0.76% Russian
- 0.69% Ukrainian
- 0.55% Hindi
- 0.55% Spanish
- Housing in the area comprises of:
- 38.67% Apartment 1-4 floors
- 35.77% Row houses
- 14.59% Single detached
- 7.67% Semi detached
- 3.3% Duplex
- 0% Apartment 5 or more floors
- Others commute by:
- 14.51% Foot
- 4.08% Bicycle
- 2.76% Other
- 1.29% Public transit
- 38.19% High school
- 22.48% College certificate
- 15.41% Bachelor degree
- 15.22% Did not graduate high school
- 5.68% Trade certificate
- 1.79% University certificate
- 1.24% Post graduate degree
- The average air quality index for the area is 1
- The area receives 172.33 mm of precipitation annually.
- The area experiences 7.4 extremely hot days (32.76°C) per year.
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- Principal and Interest $9,370 /mo
- Property Taxes n/a
- Strata / Condo Fees n/a