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:2493)
Data was last updated May 19, 2026 at 03:15 AM (UTC)
Area Statistics
Listings on market:
98
Avg list price:
$897,500
Min list price:
$179,000
Max list price:
$7,998,000
Avg days on market:
52
Min days on market:
3
Max days on market:
765
Avg price per sq.ft.:
$428.28
These statistics are generated based on the current listing's property type
and located in
Okanagan Landing. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
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