RARE HIGH-CASH-FLOW OPPORTUNITY WITH DEVELOPMENT UPSIDE (<1km to Kin Beach) 6699 Scott Road presents a compelling ""covered land play"" offering strong in-place income with future redevelopment potential. This 0.32-acre (1,295 m²) property is currently configured with multiple self-contained living areas and generates approximately $75,338/year in gross income. Property is fully tenanted with tenants contributing to utilities. Buyer to verify all financials and tenancy arrangements. Zoned MUS (Multi-Unit Small Scale), the property supports a range of small-scale multi-unit housing forms. Based on current density allowances (up to 60 units per hectare), preliminary analysis suggests potential for approximately 6–7 units, subject to City approvals. City-based documentation indicates sanitary sewer capacity for a potential 7-unit development based on current modeling. Buyers to verify servicing requirements, elevations, and development feasibility with the City. Ideally located in Vernon, within close proximity to Okanagan Landing and less than 1km to Kin Beach, offering strong appeal for both investors and future residents. Investor package including rent roll, pro forma, zoning summary, and servicing information available upon request. (id:44393)
| MLS® Number | 10380440 |
| Property Type | Single Family |
| Neigbourhood | Bella Vista |
| Parking Space Total | 1 |
| Bathroom Total | 3 |
| Bedrooms Total | 6 |
| Appliances | Range, Refrigerator, Microwave, Washer & Dryer, Washer/dryer Stack-up |
| Architectural Style | Ranch |
| Constructed Date | 1975 |
| Construction Style Attachment | Detached |
| Exterior Finish | Aluminum |
| Fireplace Fuel | Wood |
| Fireplace Present | Yes |
| Fireplace Total | 1 |
| Fireplace Type | Conventional |
| Flooring Type | Laminate, Tile |
| Heating Type | Forced Air, See Remarks |
| Roof Material | Asphalt Shingle |
| Roof Style | Unknown |
| Stories Total | 1 |
| Size Interior | 2,590 Ft2 |
| Type | House |
| Utility Water | Municipal Water |
| Attached Garage | 1 |
| Oversize |
| Acreage | No |
| 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 |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Main Level | Foyer | 9'10'' x 8'2'' | ||
| Main Level | Laundry Room | 6'7'' x 13'2'' | ||
| Main Level | Kitchen | 6'11'' x 9'1'' | ||
| Main Level | Office | 6'11'' x 11'8'' | ||
| Main Level | Living Room | 12'2'' x 15'10'' | ||
| Main Level | Bedroom | 12'3'' x 11'8'' | ||
| Main Level | Bedroom | 11'5'' x 12'11'' | ||
| Main Level | Pantry | 5'1'' x 6'5'' | ||
| Main Level | Full Bathroom | 9'6'' x 4'7'' | ||
| Main Level | Bedroom | 9'0'' x 11'9'' | ||
| Main Level | Family Room | 13'7'' x 8'5'' | ||
| Main Level | Dining Room | 13'7'' x 6'8'' | ||
| Main Level | Full Bathroom | 9'10'' x 8'2'' | ||
| Main Level | Bedroom | 10'1'' x 10'10'' | ||
| Main Level | Dining Room | 11'6'' x 17'1'' | ||
| Main Level | Family Room | 11'0'' x 13'0'' | ||
| Main Level | Primary Bedroom | 13'8'' x 9'2'' | ||
| Main Level | Bedroom | 13'1'' x 10'10'' | ||
| Main Level | Full Bathroom | 9'0'' x 8'11'' | ||
| Main Level | Kitchen | 13'7'' x 13'11'' | ||
| Additional Accommodation | Kitchen | 6'6'' x 14'7'' |
https://www.realtor.ca/real-estate/29532680/6699-scott-road-vernon-bella-vista
Contact us for more information
Rick Latta
(250) 861-5122
(604) 620-7970
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