About This Property
Excellent opportunity with this city lot ready for development. Located on newly revamped 29th Street this level lot is nestled amongst older homes and new infill projects. This lot features new City of Vernon zoning - MSH (Medium Scale Housing) which allows for large, medium or small multi unit housing developments up to 8 stories high. Central Vernon location, close to transit, walking distance to schools, shopping, restaurants and entertainment. (id:64973)
At $399,800 for a 0.12-acre lot, this property in central Vernon offers a compelling value proposition at $92 per square foot, well below the city's median land price of $130/sqft. Zoned for medium-scale multi-unit development, this lot presents an attractive opportunity for experienced real estate investors or developers seeking to capitalize on Vernon's growing demand for diverse housing options.
Property Details
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Rose Marie Manno is a 5-star rated REALTOR® serving Metro Vancouver & the Fraser Valley.
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