Prime redevelopment opportunity in the heart of Vernon! This 50’ x 125’ (6,250 sq ft) lot is zoned MUS (Multi-Unit Small Scale), allowing for a variety of small-scale multi-unit housing options up to 3 storeys. The property is currently in process with the City of Vernon, with 4-plex plans available and soft approval underway, offering a valuable head start for builders and investors. Situated in a highly walkable neighbourhood, this property is just steps to Safeway, Alexis Park Elementary, Kal Tire Place, and the new recreation centre currently under construction. With flexible zoning and strong infill potential, this is an excellent opportunity to hold or move forward with development in a growing central location. (id:2493)
Data was last updated May 13, 2026 at 10:15 PM (UTC)
Area Statistics
Listings on market:
14
Avg list price:
$669,500
Min list price:
$224,000
Max list price:
$1,495,000
Avg days on market:
49
Min days on market:
12
Max days on market:
273
Avg price per sq.ft.:
$333.66
These statistics are generated based on the current listing's property type
and located in
Alexis Park. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
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