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3708 25TH Avenue, Vernon
Vernon
Vacant Land
$749,000
For sale
0 BEDS
0 BATHS

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Description

A rare and exciting development opportunity in a prime location! This lot offers incredible potential with zoning recently upgraded from RM1 (Row Housing Residential) to MUM (Multi-Unit: Medium Scale), allowing for greater density and up to 15 meters in height. Previously, preliminary plans were in place for a 3-storey, 6-unit row townhouse project, each offering 2,200 square feet, including a garage. With the new zoning, a condo building with ground-floor parking could now be considered, offering even more possibilities for future development. The Development Permit (DP) and Development Variance Permit (DVP) have expired, so a buyer will need to conduct due diligence with the City of Vernon to develop their own concept, but this is a fantastic investment opportunity with immense potential. Don???t miss out on the chance to develop in this rapidly evolving area. (Photos of the original townhouse concept provided for reference.)

General Info

10338341
0
0.49 ac|under 1 acre

Amenities/Features

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Purchase Amount $ 749,000
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CITY 2 CITY REAL ESTATE SERVICES
3708 25TH Avenue, Vernon
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