For Sale

$400,000

3406 27 Avenue, Vernon, BC v1t 1s3

2 Beds 1 Baths

Remarks

Four properties assembled in Downtown Vernon offering a combined 23,008 SF development site with three road frontages. Strategically positioned within the Downtown Urban Centre, the property is zoned CMUC – Commercial Mixed Use Centre , allowing for a wide range of Large-scale commercial, residential, and mixed-use developments up to 16 storeys in height. Vernon has experienced significant growth in recent years, further supported by the City’s adoption of a new Official Community Plan in 2025, encouraging higher-density residential and mixed-use development in the downtown core. The CMUB zoning is designed to support employment opportunities, retail, entertainment, services, and housing within the City Centre. The site is ideally located near local businesses, offices, retail amenities, Highway 97, and the hospital, providing excellent accessibility and long-term redevelopment potential. Developers may also benefit from the City of Vernon’s revitalization tax exemption program, helping reduce overall development costs. All 4 properties must be sold together:3417 27 Avenue ,2602 34A Street ,3401 26 Avenue ,3406 27 Avenue Two of the existing houses are currently tenanted, generating a combined rental income of approximately $3,100 per month.

Property Summary

  • Annual Tax Amount: $27,101.00
  • Lot Size: 4560 Square Feet
  • Floor Space (approx): 845 Square Feet
  • Built in: 1910
  • Bedrooms: 2
  • Bathrooms (Total): 1

Property Features:

  • Architectural Style:
    Bungalow
  • Construction Materials:
    Mixed , Wood Frame
  • Cooling:
    None
  • Flooring:
    Other
  • Heating:
    None
  • Parking Features:
    Open , On Street
  • Sewer:
    Public Sewer
  • Utilities:
    Cable Available
  • Water Source:
    Public

Rooms

  • Bedroom:
    Level: Main Level
  • Bathroom:
    Level: Main Level
  • Living:
    Level: Main Level
  • Kitchen:
    Level: Main Level
  • Master Bedroom:
    Level: Main Level
Lifestyle
Neighbourhood Info
Pat Duggan

Pat Duggan

Personal Real Estate Corporation

Phone:  250.545.5371

Cell:  250.308.0938

Thea McLaughlin

Thea McLaughlin

Personal Real Estate Corporation

Phone:  250.545.5371

Cell:  250.308.5807

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Royal LePage Downtown Realty, Brokerage (Independently owned and operated)

4007 32 STREET
Vernon,  BC V1T 5P2

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