DEVELOPMENT OPPORTUNITY WITH HOLDING INCOME (<1km to Kin Beach) 6699 Scott Road presents a rare opportunity to secure a Multi-Unit Small Scale (MUS) zoned property with holding income and future redevelopment potential. The 0.32-acre (1,295 m²) lot supports a range of small-scale multi-unit housing forms. Based on current density guidelines (up to 60 units per hectare), preliminary analysis suggests potential for approximately 6–7 units, subject to City of Vernon approvals. The property is currently tenanted and generating income, offering a practical holding scenario while development plans are explored. Located less than 1km to Kin Beach and close to Okanagan Landing amenities. Buyer to verify all financials, tenancy arrangements, zoning, servicing, and development potential. Investor package available upon request. (id:63869)
| MLS® Number | 10383417 |
| Property Type | Vacant Land |
| Neigbourhood | Bella Vista |
| Amenities Near By | Park |
| Features | Corner Site |
| Road Type | Paved Road |
| Type | Other |
| Utility Water | Municipal Water |
| Access Type | Easy Access |
| Acreage | No |
| Current Use | Development Residential |
| Land Amenities | Park |
| Sewer | Municipal Sewage System |
| Size Irregular | 0.32 |
| Size Total | 0.32 Ac|under 1 Acre |
| Size Total Text | 0.32 Ac|under 1 Acre |
| Electricity | Available |
| Natural Gas | Available |
| Sewer | Available |
| Water | Available |
https://www.realtor.ca/real-estate/29603057/6699-scott-road-vernon-bella-vista
Contact us for more information
Rick Latta
(250) 861-5122
(604) 620-7970