5300 Pleasant Valley Road

5300 Pleasant Valley Road
Vernon BC

5300 Pleasant Valley Road View1

Property Type

Property Size
40 125 Sq Ft
Available Space
40 125 Sq Ft
Opportunity Type
Sale
Price
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5300 Pleasant Valley Road Vernon, BC

Opportunity

Opportunity to acquire a residential development site with rezoning potential to allow up to 40 apartment units.

Property is located in North Vernon, just a few minutes’ walk from the local shopping node with amenities such as Superstore, Walmart, Rona and Hudson’s Bay. The Subject property is also located adjacent to the BX Creek walking trail connecting the property to the picturesque Swan Lake.

Legal Description

5300 Pleasant Valley Road Vernon, BC

PID: 026-593-165, Strata Lot 1, Plan BCS1708, Section 31, Township 83, Range 18, Meridian W6, Land District 44.

Zoning

R5 - Four-plex Residential. Maximum permitted density of 12 units/acre subject to other zoning regulations.

OCP

Vernon Official Community plan designates the property as Residential Medium Density. Maximum permitted density of 44.5 units/acre.*

Site Dimensions

267.5’ x 150’

Site Area

40,125 square feet




Features

Property Highlights
• Rectangular shape
• Site slope aids with underground parking entry
• Located in a desirable neighborhood
• Impressive mix of local amenities
• Nature walk and nearby lake

Asking Price
$899,000

*Permitted redevelopment density subject to municipal
review and approval of rezoning, development application
and other regulations. Purchaser should confirm planned
redevelopment with the Vernon planning department.
!



Contact a Broker
Baktash Kasraei_Commercial Real Estate Broker
Baktash Kasraei

+1 604 998 6016

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