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$1,150,000
British Columbia,Vernon
For Sale Active
5565 Okanagan Landing Road, Vernon, British Columbia V1T7A6
  • 3
  • 1
  • 1,630 Sqft
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Basic Details
Description

Outstanding investment and redevelopment opportunity on approximately 0.55 acres with Medium Scale Housing zoning, offering excellent potential for a 32-unit apartment development (buyer to verify development plans with the City of Vernon).The property includes a well-maintained 3-bedroom home currently rented for $2, 600 per month to clean, reliable tenants, providing immediate cash flow while development plans are finalized. This is

an ideal holding property for developers and investors looking to generate income throughout the planning process. Strategically located on Okanagan Landing Road, the property is just minutes from Okanagan Lake, schools, parks, shopping, public transit, and downtown Vernon. Positioned within one of Vernon’s fastest-growing areas, this site benefits from strong demand for higher-density housing and excellent access to amenities. Whether you’re an experienced developer or an investor seeking a high-potential land holding, this property offers an exceptional opportunity to secure a Medium Scale Housing development site with existing rental income in a highly desirable location. (id:62650)

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Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: 10395031
  • Price: $1,150,000
  • Bedrooms: 3
  • Bathrooms: 1
  • Square Footage: 1,630 Sqft
  • Year Built: 1964
  • Status: Active
  • Office Name: Coldwell Banker Executives Realty
  • Property Sub Type: Single Family
  • Office Key: 47754
Features & Appliances
Features
  • Heating System: Forced air
  • Architectural Style: Bungalow
  • Sewer: Septic tank
Address Map
  • Location: CA, British Columbia, Vernon, V1T7A6
  • Street: Okanagan Landing
  • Street Number: 5565
  • Street Suffix: Road
  • Longitude: W120° 41' 18.3''
  • Latitude: N50° 15' 12.8''
Additional Information
  • Water Source:
  • Lot Size Dimensions: 0.55
  • Stories: 1.0
Financial
  • Tax Annual Amount: 3749.96
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Listing updated: 2026-07-26 03:23:06
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Listing Information
  • List Agent Key: 2031406
  • List Office Key: 47754
  • Modification Timestamp: 2026-07-22T03:55:16Z
  • Originating System Name: Association of Interior REALTORS®
  • Status Change Timestamp: 2026-07-22T03:52:44Z
Powered by REALTOR.ca
Listing updated: 2026-07-26 03:23:06
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