3414 27th Avenue | $2,298,000
Geoff Cowling Agent Photo
Geoff
Cowling
C. (250) 490-7272
 P. (250) 493-2244
 Phone Geoff http://www.geoffcowling.com
ROYAL LEPAGE LOCATIONS WEST
484 Main Street
 Penticton, BC
 Canada V2A 5C5

Details

%
Years (35 year max)
Years



Address 3414 27th Avenue
AreaNorth Okanagan
Sub AreaVC - City of Vernon
State/ProvinceBritish Columbia
CountryCanada
Price$2,298,000
Property TypeResidential Development
Lot Size0.53 Acres
WaterfrontNo
Taxes $11,221
Tax Year2024
MLS® #10324578

Opportunity to purchase an exciting contiguous land assembly totaling 0.528 acres or approx. 23,008 sq.ft. in the heart of Vernon, BC. This offering includes 4-lots with 5 PID's and the following civic addresses: 3414 27th Ave, 3406 27th Ave, 2602 34A Ave, & 3401 26th Ave. Prime central location in downtown Vernon with easy access to 25th Avenue, and very walkable to nearby shopping, services, and restaurants. These properties offer a flat and level building site, and permit substantial density with an FAR of 5.0 and up to 16-storeys in height. 3 of 4 sides front onto 26th and 27th Avenues, providing flexible access and development options. All lots are currently zoned Mixed Commercial with OCP designation of High Density Residential. Current zoning is intended to encourage large scale commercial and mixed-use housing development to provide employment opportunities and housing in the city centre areas. The lots are not on a flood plain and have a clean environmental Phase 1. Holding income provided from the parking lot and rental houses. Located just off of Highway 97 near a major intersection, with close proximity to Polson Park, Vernon Jubilee Hospital, under 4 kms to Okanagan College Vernon Campus, and only a 30-minute drive to Kelowna International Airport. Plans available for a 5-storey apartment building with 40 surface parking stalls and a total of 76 units ranging from micro units to 1 bedrooms plus den, including a common area rooftop deck amenity.

Listed by UNISON HM COMMERCIAL REALTY

Location

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About

Geoff Cowling has been helping clients make good real estate decisions since 1986, selling hundreds of properties in all kinds of market conditions. He has been a landlord, tenant, house and condo owner, vacation homeowner, strata corporation chairman, investor, renovator, general contractor on his family home, and a relocation buyer and seller. This helps him to understand your situation, and then help you to find a solution. This experience, and attention to detail, will help you to avoid costly and time consuming problems, giving you a real edge in a competitive market place.

Geoff is a Diamond Award winner, honouring the top 3% of all Royal LePage REALTORS® in Canada. He also served a five year term at the South Okanagan Real Estate Board, serving as Chair of the Professional Standards Committee, Chair of the Finance Committee, Vice-President, and then as President of the 300+ REALTOR® Board.

When not working, Geoff is an avid life-long skier, and also enjoys golf, mountain biking, hiking, and keeping fit. He appreciates time with his wife Lisa, and daughters Melissa and Emily. He is a long time supporter of the Children's Miracle Network, the Royal LePage Shelter Foundation, and volunteered for years in the Soupeteria soup kitchen.

Much of Geoff's business involves repeat clients, and people he has met through a word-of-mouth recommendation. You will always feel well informed, and able to make decisions in a pressure-free environment, that's a promise.

Geoff would enjoy the opportunity to help you, when you feel the time is right!