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 strong 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 existing property is fully tenanted and generates strong in-place income, with tenants contributing to utilities, providing a solid holding property while planning development. 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:44393)
| 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
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
