6999 Cummins Road, Vernon, British Columbia, V1H 1M9

$2,480,000

MLS® # 10400823

Vacant Land For Sale In Vernon, British Columbia

$2,480,000

Property Information:

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:27)

Building Features:

  • Building Type: Other

Property Features:

  • OwnershipType: Freehold
  • Property Type: Vacant Land
  • Amenities Nearby: Golf Nearby, Airport, Recreation, Schools
  • Current Use: Development residential
  • Features: Level lot, Irregular lot size
  • Irregular: Yes
  • Landscape Features:
  • Lot Size: 3.10 Acres
  • Road Type: Paved road
  • Surface Water: Creek or Stream
  • Utility Type: Sewer - Available, Cable - Available, Water - Available, Natural Gas - Available, Hydro - Available
  • Sewer: Municipal sewage system

Courtesy of: Oakwyn Realty Okanagan-Letnick Estates, Sutton Group-West Coast Realty

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

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