Single Family
An exceptional opportunity for developers, builders, and forward-thinking investors. A strategically located property in the heart of Vernon, 3802 32nd Avenue is zoned MUS (Multi-Unit Small Scale), with recently updated roads, sidewalks, alley way & services at lot line it offers tremendous redevelopment potential in one of the City's evolving growth corridors. Whether you're ready to build immediately or looking to secure a high-upside land holding, this property provides flexibility and future value. The existing home can generate rental income while completing development planning. The zoning & development potential make it the perfect candidate for higher-density housing. Buyers are encouraged to explore opportunities under the CMHC MLI Select financing program, which may offer attractive financing options for qualifying purpose-built rental developments. The property offers the potential for a Floor Area Ratio (FAR) of up to 3.0, allowing for approximately 28,000 sq. ft. of buildable floor area. Located just minutes from downtown Vernon, shopping, schools, transit, parks, and everyday amenities, this is a rare opportunity to acquire a redevelopment site in a community experiencing significant residential growth & increasing demand for new housing. Whether your vision is a purpose-built rental project, multi-family development, or a strategic land investment, 3802 32nd Avenue offers the location, zoning, and long-term potential to make your next project a success. (id:6769)
Subarea
City of Vernon
Lot
0.22
Year Built
1908
Sewer
Municipal sewage system
Flooring
Linoleum,Wood,Tile
Parking Type
1
| Room | Floor | Dimension |
|---|---|---|
| Other | Main level | 8' x 7'8'' |
| Foyer | Main level | 5'6'' x 4' |
| Laundry room | Main level | 6' x 5'6'' |
| Primary Bedroom | Main level | 10'8'' x 9' |
| 4pc Bathroom | Main level | 9' x 7' |
| Living room | Main level | 14' x 12' |
| Dining room | Main level | 6' x 6' |
| Kitchen | Main level | 14' x 7' |
John Kristian
(250) 549-4161
RE/MAX Vernon
(250) 549-4161
The property information on this website is derived from the Canadian Real Estate Association''s Data Distribution Facility (DDF®). DDF® references real estate listings held by various brokerage firms and franchisees. The accuracy of information is not guaranteed and should be independently verified. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.
Listing data last updated date: 2026-07-04 03:17:47
